Chipotle Mexican Grill (NYSE:CMG) has a beta value of 1.26 and has seen 5.98 million shares traded in the last trading session. The company, currently valued at $81.18B, closed the last trade at $59.28 per share which meant it gained $0.63 on the day or 1.07% during that session. The CMG stock price is -16.84% off its 52-week high price of $69.26 and 40.33% above the 52-week low of $35.37. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.28 million shares traded. The 3-month trading volume is 15.41 million shares.
The consensus among analysts is that Chipotle Mexican Grill (CMG) is Buy stock at the moment, with a recommendation rating of 1.83. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 8 out of 26 have rated it as a Hold, with 17 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.25.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Chipotle Mexican Grill (NYSE:CMG) trade information
Sporting 1.07% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CMG stock price touched $59.28 or saw a rise of 0.54%. Year-to-date, Chipotle Mexican Grill shares have moved 29.60%, while the 5-day performance has seen it change 4.49%. Over the past 30 days, the shares of Chipotle Mexican Grill (NYSE:CMG) have changed 5.63%. Short interest in the company has seen 31.13 million shares shorted with days to cover at 2.96.
Wall Street analysts have a consensus price target for the stock at $59, which means that the shares’ value could drop -0.47% from current levels. The projected low price target is $32.0 while the price target rests at a high of $74.6. In that case, then, we find that the current price level is -25.84% off the targeted high while a plunge would see the stock lose 46.02% from current levels.
Chipotle Mexican Grill (CMG) estimates and forecasts
Figures show that Chipotle Mexican Grill shares have outperformed across the wider relevant industry. The company’s shares have gained 0.93% over the past 6 months, with this year growth rate of 21.11%, compared to 1.50% for the industry. Revenue growth from the last financial year stood is estimated to be 14.90%.
27 analysts offering their estimates for the company have set an average revenue estimate of 2.81B for the current quarter. 26 have an estimated revenue figure of 2.85B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 47.69% over the past 5 years. Earnings growth for 2024 is a modest 21.72% while over the next 5 years, the company’s earnings are expected to increase by 22.12%.
CMG Dividends
Chipotle Mexican Grill is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Chipotle Mexican Grill (NYSE:CMG)’s Major holders
Insiders own 0.69% of the company shares, while shares held by institutions stand at 88.03% with a share float percentage of 88.64%. Investors are also buoyed by the number of investors in a company, with Chipotle Mexican Grill having a total of 1919.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 119.81 million shares worth more than $7.51 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.7309% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 109.51 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.86 billion and represent 7.9808% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Growth Fund Of America Inc and Vanguard 500 Index Fund . As of Jun 30, 2024 , the former fund manager holds about 0.00% shares in the company for having 32.53 shares of worth $1.93 billion while later fund manager owns 35.24 shares of worth $2.09 billion as of Jun 30, 2024 , which makes it owner of about 0.00% of company’s outstanding stock.
