Chipotle Mexican Grill (CMG) Earning Somewhat Positive Media Coverage, Report Finds
Headlines about Chipotle Mexican Grill (NYSE:CMG) have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the restaurant operator an impact score of 45.294806842852 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Is Chipotle Mexican Grill a Takeout Target? (fool.com)
- Is the GOP's Tax Plan Lifting Restaurant Stocks? (finance.yahoo.com)
- Steve Ells should hope that Chipotle’s stock price soars in near future (bizjournals.com)
- Why 2017 Was a Year to Forget for Chipotle Mexican Grill, Inc. – Nasdaq (nasdaq.com)
Chipotle Mexican Grill (NYSE:CMG) traded up $8.01 during mid-day trading on Monday, reaching $315.60. 2,690,097 shares of the company’s stock were exchanged, compared to its average volume of 1,175,136. The firm has a market cap of $8,680.00, a P/E ratio of 53.03, a price-to-earnings-growth ratio of 2.65 and a beta of 0.49. Chipotle Mexican Grill has a 12 month low of $263.00 and a 12 month high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing the Zacks’ consensus estimate of $2.24 by ($0.91). The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.14 billion. Chipotle Mexican Grill had a net margin of 3.37% and a return on equity of 11.80%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.56 EPS. analysts predict that Chipotle Mexican Grill will post 6.63 EPS for the current year.
Several equities research analysts have recently issued reports on the stock. Canaccord Genuity reissued a “hold” rating and set a $325.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, November 29th. Wedbush reissued a “hold” rating and set a $290.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, November 29th. Credit Suisse Group reissued a “neutral” rating and set a $263.00 target price (down from $301.99) on shares of Chipotle Mexican Grill in a research note on Thursday. William Blair lowered shares of Chipotle Mexican Grill from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 29th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $275.00 target price (down from $330.00) on shares of Chipotle Mexican Grill in a research note on Wednesday, October 25th. Seven analysts have rated the stock with a sell rating, twenty-four have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $355.69.
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About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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