In the latest trading session, 4.8 million Chipotle Mexican Grill (NYSE:CMG) shares changed hands as the company’s beta touched 1.25. With the company’s most recent per share price at $53.37 changing hands around $1.43 or 2.75% at last look, the market valuation stands at $73.09B. CMG’s current price is a discount, trading about -29.77% off its 52-week high of $69.26. The share price had its 52-week low at $35.37, which suggests the last value was 33.73% up since then. When we look at Chipotle Mexican Grill’s average trading volume, we note the 10-day average is 26.32 million shares, with the 3-month average coming to 20.16 million.

Analysts gave the Chipotle Mexican Grill (CMG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.83. If we narrow down to specifics, the data shows that 0 out of 26 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 8 recommended CMG as a Hold, 17 felt it is a Buy and 0 rated the stock as Underweight. Chipotle Mexican Grill’s EPS for the current quarter is expected to be 0.25.

Chipotle Mexican Grill (NYSE:CMG) trade information

Instantly CMG is in green as seen in intraday trades today. With action 3.33%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 16.68%, with the 5-day performance at 3.33% in the green. However, in the 30-day time frame, Chipotle Mexican Grill (NYSE:CMG) is 1.56% up. Looking at the short shares, we see there were 35.15 million shares sold at short interest cover period of 1.71 days.

The consensus price target for the stock as assigned by Wall Street analysts is 58, meaning bulls need an upside of 7.98% from its recent market value. According to analyst projections, CMG’s forecast low is 32 with 80 as the target high. To hit the forecast high, the stock’s price needs a -49.9% plunge from its current level, while the stock would need to tank 40.04% for it to hit the projected low.

Chipotle Mexican Grill (CMG) estimates and forecasts

Data shows that the Chipotle Mexican Grill share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.85% over the past 6 months, a 20.00% in annual growth rate that is considerably higher than the industry average of 8.10%. Year-over-year growth is forecast to reach 14.90% up from the last financial year.

Consensus estimates given by 27 financial analysts project the company’s revenue in the current quarter to hit an average of 2.81B. 26 analysts are of the opinion that Chipotle Mexican Grill’s revenue for the current quarter will be 2.85B. The estimates for the next quarter sales put growth at 13.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -32.46%. The 2024 estimates are for Chipotle Mexican Grill earnings to increase by 21.49%, but the outlook for the next 5-year period is at 21.18% per year.

CMG Dividends

Chipotle Mexican Grill is expected to release its next quarterly earnings report on 2024-Oct-24.

Chipotle Mexican Grill (NYSE:CMG)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.63% of Chipotle Mexican Grill shares while 88.30% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 88.86%. There are 88.30% institutions holding the Chipotle Mexican Grill stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 8.7309% of the shares, roughly 119.81 million CMG shares worth $7.51 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.9808% or 109.51 million shares worth $6.86 billion as of 2024-06-30.