During the recent session, Chipotle Mexican Grill (NYSE:CMG)’s traded shares were 2.08 million, with the beta value of the company hitting 1.25. At the last check today, the stock’s price was $57.84, reflecting an intraday gain of 1.60% or $0.91. The 52-week high for the CMG share is $69.26, that puts it down -19.74 from that peak though still a striking 38.85% gain since the share price plummeted to a 52-week low of $35.37. The company’s market capitalization is $79.21B, and the average intraday trading volume over the past 10 days was 10.06 million shares, and the average trade volume was 18.98 million shares over the past three months.
Chipotle Mexican Grill (CMG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.83. CMG has a Sell rating from 0 analyst(s) out of 26 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 17 recommend a Buy rating for it.
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Chipotle Mexican Grill (NYSE:CMG) trade information
Chipotle Mexican Grill (CMG) registered a 1.60% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.60% in intraday trading to $57.84, hitting a weekly high. The stock’s 5-day price performance is 2.64%, and it has moved by 11.36% in 30 days. Based on these gigs, the overall price performance for the year is 50.26%. The short interest in Chipotle Mexican Grill (NYSE:CMG) is 32.12 million shares and it means that shorts have 1.64 day(s) to cover.
The consensus price target of analysts on Wall Street is $58, which implies an increase of 0.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $32 and $80 respectively. As a result, CMG is trading at a discount of -38.31% off the target high and 44.67% off the low.
Chipotle Mexican Grill (CMG) estimates and forecasts
Statistics show that Chipotle Mexican Grill has outperformed its competitors in share price, compared to the industry in which it operates. Chipotle Mexican Grill (CMG) shares have gone down -0.10% during the last six months, with a year-to-date growth rate more than the industry average at 20.00% against 4.00.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 47.69%. While earnings are projected to return 21.45% in 2024, the next five years will return 21.18% per annum.
CMG Dividends
Chipotle Mexican Grill is due to release its next quarterly earnings on 2024-Oct-29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Chipotle Mexican Grill (NYSE:CMG)’s Major holders
Chipotle Mexican Grill insiders own 0.69% of total outstanding shares while institutional holders control 88.34%, with the float percentage being 88.95%. VANGUARD GROUP INC is the largest shareholder of the company, while 1932.0 institutions own stock in it. As of 2024-06-30, the company held over 119.81 million shares (or 8.7309% of all shares), a total value of $7.51 billion in shares.
The next largest institutional holding, with 109.51 million shares, is of BLACKROCK INC.’s that is approximately 7.9808% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $6.86 billion.
