William Blair Issues Pessimistic Estimate for CMG Earnings

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Research analysts at William Blair lowered their Q1 2025 EPS estimates for shares of Chipotle Mexican Grill in a report released on Tuesday, March 25th. William Blair analyst S. Zackfia now forecasts that the restaurant operator will post earnings per share of $0.26 for the quarter, down from their previous estimate of $0.28. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.29 per share. William Blair also issued estimates for Chipotle Mexican Grill’s FY2025 earnings at $1.27 EPS.

A number of other brokerages have also recently commented on CMG. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $75.00 price target on shares of Chipotle Mexican Grill in a research note on Tuesday, January 28th. Loop Capital raised shares of Chipotle Mexican Grill from a “hold” rating to a “buy” rating and lifted their price target for the stock from $58.00 to $65.00 in a research report on Friday, March 14th. Evercore ISI upped their price objective on shares of Chipotle Mexican Grill from $70.00 to $72.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Stephens reduced their target price on Chipotle Mexican Grill from $61.00 to $60.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 5th. Finally, Truist Financial increased their price target on Chipotle Mexican Grill from $72.00 to $74.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Eight equities research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.67.

Chipotle Mexican Grill Trading Up 1.1 %

NYSE CMG opened at $50.05 on Thursday. Chipotle Mexican Grill has a 12 month low of $47.55 and a 12 month high of $69.26. The company has a market capitalization of $67.83 billion, a PE ratio of 45.08, a P/E/G ratio of 2.04 and a beta of 1.27. The stock has a 50-day simple moving average of $54.11 and a 200 day simple moving average of $57.61.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%.

Hedge Funds Weigh In On Chipotle Mexican Grill

A number of institutional investors have recently bought and sold shares of the business. Fire Capital Management LLC acquired a new position in shares of Chipotle Mexican Grill during the 4th quarter worth approximately $215,000. Mascagni Wealth Management Inc. bought a new position in Chipotle Mexican Grill during the fourth quarter worth $45,000. DSG Capital Advisors LLC acquired a new position in shares of Chipotle Mexican Grill in the fourth quarter valued at $1,493,000. Thoma Capital Management LLC bought a new position in shares of Chipotle Mexican Grill in the fourth quarter valued at about $288,000. Finally, NorthCrest Asset Manangement LLC lifted its stake in shares of Chipotle Mexican Grill by 1.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 26,323 shares of the restaurant operator’s stock worth $1,587,000 after buying an additional 254 shares during the last quarter. Institutional investors and hedge funds own 91.31% of the company’s stock.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.