Media stories about Chipotle Mexican Grill (NYSE:CMG) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern 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 media sentiment score of 0.03 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 45.8842962878061 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Chipotle Mexican Grill, Inc. (CMG) returned -2.69% Monthly Low Performance – The Stocks News (press release) (thestocksnews.com)
- Chipotle Mexican Grill, Inc., (NYSE: CMG) – Beta Factor Analysis – Stock Watch (stocksnewstimes.com)
- Why Chipotle Mexican Grill Inc. Stock Popped Today – Madison.com (host.madison.com)
- The Two Brothers Taking on Chipotle With Dos Toros (finance.yahoo.com)
- Chipotle Mexican Grill, Inc. to Post FY2017 Earnings of $6.48 Per Share, Oppenheimer Forecasts (CMG) (americanbankingnews.com)
Chipotle Mexican Grill (CMG) traded up $6.68 during trading on Friday, reaching $313.79. 997,800 shares of the company’s stock were exchanged, compared to its average volume of 1,170,000. The firm has a market cap of $8,860.00, a price-to-earnings ratio of 60.81, a PEG ratio of 1.93 and a beta of 0.50. 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 earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.24 by ($0.91). The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. Chipotle Mexican Grill had a return on equity of 11.80% and a net margin of 3.37%. Chipotle Mexican Grill’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 earnings per share. analysts anticipate that Chipotle Mexican Grill will post 6.6 EPS for the current fiscal year.
Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Chipotle Mexican Grill from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 26th. Deutsche Bank set a $240.00 price target on shares of Chipotle Mexican Grill and gave the company a “sell” rating in a research note on Wednesday, October 25th. Nomura dropped their price target on shares of Chipotle Mexican Grill to $338.00 and set a “neutral” rating for the company in a research note on Thursday, October 19th. Maxim Group reissued a “buy” rating and issued a $435.00 price target on shares of Chipotle Mexican Grill in a research note on Thursday, September 21st. Finally, Wells Fargo & Co reissued a “hold” rating on shares of Chipotle Mexican Grill in a research note on Friday, October 13th. Six investment analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $357.00.
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Chipotle Mexican Grill Company Profile
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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