Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Chipotle Mexican Grill (CMG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Chipotle currently has an ave ...

Chipotle's stock has fallen dramatically from its 52-week high. Don't get too upset; this is just par for the course.Chipotle Mexican Grill (CMG 1.23%) has been in the headlines of late for the wrong reasons. The biggest attention-grabber was the departure of the company's well-respected CEO. But a quick 20% price decline is another worrying bit of information that's hard to ignore. If you are a long-term growth investor, however, here are three reasons to remain positive about Chipotle stock.1. The drop in ...

Chipotle's former CEO led the company to growth and market-beating investment performance. What now?Beloved restaurant chain Chipotle Mexican Grill (CMG 1.23%) has gotten a reputation for serving up delicious flavors and hot investment returns. The stock has returned nearly 6,000% over its lifetime, far exceeding the S&P 500's corresponding performance.However, shares have cooled off lately after Starbucks lured away the company's popular CEO. Strong leadership is crucial for companies to perform up to thei ...

NEWPORT BEACH, Calif., Sept. 4, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) will host a conference call on Tuesday, October 29, 2024 at 4:30 PM Eastern time to discuss third quarter financial results and provide a business update for the fourth quarter to date. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern time on Tuesday, October 29, 2024.   Participants can join the conference call by dialing 1-888-317-6003 and will be prompted to enter th ...

Chipotle Mexican Grill logo is seen in Manhattan, New York, United States of America, on July 6th, ... [+] 2024. (Photo by Beata Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty ImagesAfter a 20% increase since the beginning of this year, at the current price of around $56 per share, we believe Chipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more - could see modest growth. CMG stock has increased from around ...

Are investors overreacting to the news of the CEO's departure, or was a correction in the stock price warranted given its high valuation?Chipotle Mexican Grill (CMG 0.81%) has been a top growth stock in the restaurant industry for years. Its rapid growth has made it a top investment to own, with shares rising by 300% over the course of the past decade.Recently, however, the company lost its CEO, Brian Niccol, to Starbucks. Even the excitement surrounding Chipotle's 50-for-1 stock split hasn't been enough to ...

There are short-term questions as Chipotle transitions to new leadership, but it should maintain its momentum.On June 18, fast-casual chain Chipotle Mexican Grill (CMG 0.07%) underwent a 50-for-1 stock split, one of the largest in U.S. stock market history. Stock splits are typically done to lower a company's share price and make it more accessible to more investors, so it was very timely for a stock that has been one of the best-performing in recent years.In the five years leading up to its stock split, Ch ...

For the 2024-25 school year, every scholarship and walk-on student athlete at The Ohio State University will receive a customized card granting them free Chipotle for the entirety of their respective athletic seasonsChipotle has launched the second installment of an ad titled "THE" that features star football players TreVeyon Henderson, Denzel Burke, and Jeremiah Smith and is narrated by Buckeye legend Archie GriffinThe company's nonprofit, The Chipotle Cultivate Foundation, will introduce a new scholarship ...

Shares of Chipotle Mexican Grill, Inc. (CMG) , which soared 43.4% in the past year, have now hit a rough patch, losing momentum despite the recent stock split. In the past three months, the stock has declined 10.5% against the industry’s and the S&P 500’s rise of 5.3% and 7.1%, respectively.Closing at $55.77 in the last trading session, the stock stands almost 19.5% below its 52-week high of $69.26. Technically, CMG is trading below its 50-day moving average but above its 200-day moving average. The company ...

Former CFO Jack Hartung to remain with the organization indefinitely as President and Chief Strategy Officer, beginning October 1, 202415-year Chipotle veteran, Rymer, and 6-year veteran, McConnell, will assume their new roles, beginning October 1, 2024NEWPORT BEACH, Calif., Aug. 28, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced that it has accelerated the appointment of Adam Rymer to Chief Financial Officer, beginning October 1, 2024. Rymer will serve on Chipotle's executive leade ...