Headlines about Chipotle Mexican Grill (NYSE:CMG) have been trending positive recently, AlphaOne Sentiment reports. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a news impact score of 0.27 on AlphaOne’s scale. AlphaOne also assigned news articles about the restaurant operator an impact score of 67 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted AlphaOne’s rankings:
- Is Chipotle Mexican Grill (CMG) Entering “Buy” Territory? (finance.yahoo.com)
- Chipotle nowhere near the top of new list of America’s best Mexican restaurants (9news.com)
- Fast-casual food has been very weak: Analyst (finance.yahoo.com)
- Ackman Calls Chipotle CEO Ells ‘Outstanding’ (nytimes.com)
- Pershing’s Ackman Tells Hedge Fund Managers About His Biggest Investment Mistake (finance.yahoo.com)
Chipotle Mexican Grill (NYSE:CMG) opened at 484.99 on Friday. The firm has a 50-day moving average price of $472.21 and a 200 day moving average price of $420.20. The company has a market capitalization of $13.90 billion, a P/E ratio of 150.01 and a beta of 0.59. Chipotle Mexican Grill has a 12 month low of $352.96 and a 12 month high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, April 25th. The restaurant operator reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.32. Chipotle Mexican Grill had a net margin of 0.59% and a return on equity of 2.60%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the previous year, the firm posted ($0.88) EPS. The business’s revenue for the quarter was up 28.1% compared to the same quarter last year. Analysts expect that Chipotle Mexican Grill will post $8.48 EPS for the current year.
Several equities research analysts have weighed in on the company. Vetr raised Chipotle Mexican Grill from a “sell” rating to a “hold” rating and set a $493.69 target price on the stock in a research report on Monday, May 15th. Stephens raised their price target on Chipotle Mexican Grill from $325.00 to $350.00 and gave the company an “underweight” rating in a report on Wednesday, April 26th. Royal Bank of Canada raised Chipotle Mexican Grill from a “hold” rating to an “outperform” rating in a report on Thursday, April 27th. Nomura reissued a “hold” rating and set a $510.00 price target on shares of Chipotle Mexican Grill in a report on Friday, April 28th. Finally, BTIG Research reissued a “neutral” rating on shares of Chipotle Mexican Grill in a report on Wednesday, April 19th. Seven equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $442.64.
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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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