Zacks Research Issues Pessimistic Outlook for CMG Earnings

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Stock analysts at Zacks Research dropped their Q2 2027 earnings per share estimates for shares of Chipotle Mexican Grill in a research report issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings per share of $0.36 for the quarter, down from their prior forecast of $0.39. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.14 per share. Zacks Research also issued estimates for Chipotle Mexican Grill’s Q1 2028 earnings at $0.34 EPS, Q2 2028 earnings at $0.39 EPS and FY2028 earnings at $1.50 EPS.

CMG has been the subject of a number of other research reports. Mizuho raised their price target on shares of Chipotle Mexican Grill from $40.00 to $41.00 and gave the stock an “outperform” rating in a report on Monday, July 13th. Raymond James Financial reiterated an “outperform” rating and issued a $42.50 price objective on shares of Chipotle Mexican Grill in a research report on Thursday, July 30th. DA Davidson raised their target price on Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. BNP Paribas Exane lifted their target price on Chipotle Mexican Grill from $37.00 to $39.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Chipotle Mexican Grill in a research note on Friday, July 31st. Twenty-four analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Chipotle Mexican Grill presently has an average rating of “Moderate Buy” and an average target price of $44.16.

Chipotle Mexican Grill Price Performance

Shares of CMG stock opened at $32.62 on Thursday. The firm’s 50-day moving average is $33.22 and its two-hundred day moving average is $34.21. Chipotle Mexican Grill has a 12 month low of $28.03 and a 12 month high of $44.27. The company has a market capitalization of $41.28 billion, a PE ratio of 29.93, a price-to-earnings-growth ratio of 2.04 and a beta of 0.94.

Chipotle Mexican Grill (NYSE:CMG) last announced its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a net margin of 11.43% and a return on equity of 54.65%. The firm had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the prior year, the firm posted $0.33 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 9.3% on a year-over-year basis.

Institutional Trading of Chipotle Mexican Grill

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Watch Advisors INC acquired a new position in Chipotle Mexican Grill during the third quarter worth $25,000. MV Capital Management Inc. acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at $26,000. Osbon Capital Management LLC acquired a new stake in shares of Chipotle Mexican Grill in the fourth quarter valued at $28,000. Meeder Asset Management Inc. purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at $27,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of Chipotle Mexican Grill in the 2nd quarter valued at $28,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Chipotle Mexican Grill News Summary

Here are the key news stories impacting Chipotle Mexican Grill this week:

• Positive Sentiment: Chipotle raised its guidance despite still-elevated inflation, suggesting management remains confident in the business outlook. Earlier quarterly results also showed revenue growth and earnings slightly ahead of analyst expectations. Inflation Hasn’t Disappeared, Yet Chipotle Raised Guidance
• Positive Sentiment: The return of Chipotle IQ offers a marketing and loyalty boost, with more than $1 million in free food, rewards points, daily challenges and a new sweepstakes. The campaign could support digital engagement, traffic and customer retention. Chipotle IQ Returns
• Positive Sentiment: Wall Street analysts reportedly see approximately 22% upside from recent levels, maintaining a generally constructive view despite concerns about costs and a cautious consumer. Wall Street Sees Upside in Chipotle
• Neutral Sentiment: Lettuce prices posted a record monthly decline in July. Lower produce costs could help restaurant margins, but a cyclospora outbreak is making consumers more hesitant to eat leafy greens, creating a potential demand and food-safety concern for restaurants. Lettuce Prices Plunge as Cyclospora Spooks Consumers
• Negative Sentiment: Health officials are investigating a multistate Salmonella outbreak reportedly linked to fresh jalapeños, while a Minnesota federal lawsuit has increased scrutiny of Chipotle’s potential food-safety and legal exposure. The headlines have weighed on sentiment and raise risks to traffic, brand reputation and costs. Chipotle Stock and Salmonella Investigation

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.

The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.