In yesterday’s Wall Street session, Chipotle Mexican Grill (NYSE:CMG) shares traded at $64.29, down -0.79% from the previous session.
CMG stock price is now 6.43% away from the 50-day moving average and 9.26% away from the 200-day moving average. The market capitalization of the company currently stands at $87.60B.
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On August 14, 2024, Wedbush Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $54 to quote $58, while ‘Evercore ISI’ rates the stock as ‘Outperform’
In other news, Schalow Laurie, Chief Corp Affairs, Food Sft sold 16,846 shares of the company’s stock on Dec 11 ’24. The stock was sold for $1,097,711 at an average price of $65.16. Upon completion of the transaction, the Chief Corp Affairs, Food Sft now directly owns 168,946 shares in the company, valued at $10.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 10 ’24, Chief Corp Affairs, Food Sft Schalow Laurie sold 4,404 shares of the business’s stock. A total of $286,285 was realized by selling the stock at an average price of $65.01. This leaves the insider owning 185,792 shares of the company worth $11.94 million. A total of 0.84% of the company’s stock is owned by insiders.
During the past 12 months, Chipotle Mexican Grill has had a low of $44.08 and a high of $69.26. As of last week, the company has a debt-to-equity ratio of 1.24, a current ratio of 1.62, and a quick ratio of 1.57. According to the stock market information, the enterprise value for the company is $90784571392, which is based on a 59.75 price-to-earnings ratio, a 2.67 price-to-earnings-growth ratio, and a beta of 1.27. The fifty day moving average price for CMG is $60.2558 and a two-hundred day moving average price translates $58.79426 for the stock.
The latest earnings results from Chipotle Mexican Grill (NYSE: CMG) was released for 2024-09-30. The net profit margin was 13.51% and return on equity was 45.67% for CMG. The company reported revenue of $2.79 billion for the quarter, compared to $2.47 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.01 percent.
