Chipotle Mexican Grill (CMG) Getting Somewhat Favorable Press Coverage, Analysis Finds

Press coverage about Chipotle Mexican Grill (NYSE:CMG) has trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 45.4075812723447 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

CMG has been the topic of a number of recent analyst reports. Goldman Sachs Group, Inc. (The) cut their price objective on shares of Chipotle Mexican Grill from $440.00 to $375.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 25th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $564.00 price target on shares of Chipotle Mexican Grill in a research report on Tuesday, July 25th. Jefferies Group LLC upgraded shares of Chipotle Mexican Grill from an “underperform” rating to a “hold” rating and set a $350.00 price target on the stock in a research report on Wednesday, July 26th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $400.00 price target (down from $500.00) on shares of Chipotle Mexican Grill in a research report on Wednesday, July 26th. Finally, Stephens reiterated an “underweight” rating and issued a $350.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, July 26th. Seven analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Chipotle Mexican Grill currently has an average rating of “Hold” and a consensus price target of $356.06.

Shares of Chipotle Mexican Grill (NYSE CMG) traded up $1.76 during mid-day trading on Wednesday, hitting $281.27. The stock had a trading volume of 598,560 shares, compared to its average volume of 1,161,608. Chipotle Mexican Grill has a one year low of $263.00 and a one year high of $499.00. The firm has a market capitalization of $7,940.00, a price-to-earnings ratio of 48.84, a PEG ratio of 2.44 and a beta of 0.44.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $2.24 by ($0.91). Chipotle Mexican Grill had a return on equity of 11.80% and a net margin of 3.37%. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm earned $0.56 earnings per share. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. sell-side analysts predict that Chipotle Mexican Grill will post 6.63 earnings per share for the current fiscal year.

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About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

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