Chipotle Mexican Grill(CMG)
Search documents
Chipotle Mexican Grill: 4 Reasons to Buy After the Stock Split
MarketBeat· 2024-08-12 11:33
Leading fast-casual restaurant chain Chipotle Mexican Grill Inc. NYSE: CMG executed a 50-to-1 stock split on June 26, 2024. It was the retail/wholesale sector company's first stock split and the largest stock split ever performed on the New York Stock Exchange. The stock has since sold off after hitting a post-split high of $66.31. Chipotle carries a premium valuation, trading at 50.98X forward earnings. Get Chipotle Mexican Grill alerts:1) Chipotle Has Industry High Same Store Sales at 11.1% Chipotle Mexi ...
3 Overhyped Stocks to Sell Before You Regret It
Investor Place· 2024-08-12 10:15
Recession fears gripped the markets over the past week, sending tech and AI stocks into a tailspin. Even with stocks breathing a sigh of relief on Thursday over the latest round of jobs data, JPMorgan (NYSE:JPM) CEO Jamie Dimon still believes a recession could be in the cards. Investors should consider identifying overhyped stocks to sell, especially as Dimon pins an economic “soft landing” (or a mild economic downturn) as having a 35-40% chance of happening.Undoubtedly, that’s a pretty high chance of reces ...
Restaurant CEOs' new favorite word is value as they aim to bring back customers
CNBC· 2024-08-11 12:00
In this articleMCDQSR-CACMGDINA sign advertises meal deals at a McDonald's restaurant in Burbank, California, on July 22, 2024.Mario Tama | Getty ImagesRestaurant CEOs have become obsessed with the word "value" in explaining to investors why their sales lagged this quarter while sharing plans to revive traffic in the coming months.On McDonald's quarterly conference call last month, executives said the word "value" nearly 80 times, underscoring the fast-food giant's biggest priority.And McDonald's isn't alon ...
Billionaire Bill Ackman Has 60% of His Hedge Fund's $10 Billion Portfolio in Just 3 Stocks
The Motley Fool· 2024-08-10 22:06
You can still follow Bill Ackman's trades. Here are his biggest investments right now.Bill Ackman is one of the best-known billionaire investors in the world. Despite his star power, he failed to launch a publicly traded investment fund last month, as demand fell short of expectations.Ackman planned to launch a closed-end fund called Pershing Square USA, which would have put him in charge of investing billions of investors' dollars. While he originally planned to raise $25 billion for the fund, he significa ...
Think It's Too Late to Buy Chipotle Stock? Here's the Biggest Reason Why There's Still Time
The Motley Fool· 2024-08-10 15:36
The company believes it can double its North American footprint to 7,000 locations.At first glance, one could easily assume they missed the boat with Chipotle (CMG 2.26%). The fast-casual restaurant chain surged following the announcement of its 50-for-1 stock split. Additionally, the stock is up more than 120-fold since launching its IPO at a split-adjusted $0.44 per share in 2006.Still, its footprint of more than 3,500 locations likely does not mean the stock is done growing yet. Here's how investors can ...
Best Stock to Buy Right Now: Cava vs. Chipotle
The Motley Fool· 2024-08-09 10:37
These restaurant stocks possess their own set of unique characteristics.Investing in restaurant stocks could prove to be a lucrative endeavor. Imagine if you had bought shares of McDonald's or Starbucks early on. These companies are now global leaders in the industry.However, there are smaller chains that investors have their sights on, such as Cava Group (CAVA 1.61%) and Chipotle Mexican Grill (CMG 1.29%). Which of these popular restaurant stocks is the better buy right now?Opening stores at a rapid clipCa ...
The Tasty Details From Chipotle
The Motley Fool· 2024-08-07 17:28
And Southwest's seating change.In this podcast, Motley Fool analyst Sanmeet Deo and host Ricky Mulvey break down earnings from Chipotle and changes at Southwest Airlines.Then Motley Fool analyst Asit Sharma joins Ricky to discuss one of Warren Buffett's favorite metrics.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. This video was recorded on J ...
Why Chipotle Mexican Grill Stock Dropped 13% in July
The Motley Fool· 2024-08-07 12:18
It's not just Chipotle, it's the restaurant industry.Shares of burrito king Chipotle Mexican Grill (CMG 3.64%) dropped 13% in July according to data provided by S&P Global Market Intelligence. It comes on the heels of a highly watched stock split followed by negative reports about the state of the restaurant industry.What's happening at ChipotleChipotle is known for its healthy and fresh ingredients at its more than 3,500 fast-casual restaurants. It has developed a loyal fan base of affluent customers who a ...
Don't Get Used to Chipotle's Impressive Growth
The Motley Fool· 2024-08-03 22:06
Chipotle is a hit with customers today and has been for a long time. But don't expect that to continue forever.Chipotle Mexican Grill (CMG -1.67%) has been a huge success for investors. That's largely because the brand concept has been a huge success with consumers. The latest sign of that is the company's massive 11.1% same-store sales performance in the second quarter of 2024. That helped to drive overall revenue 18.2% higher. These were impressive results, but be careful about projecting this strength in ...
Is the Pullback in Chipotle's Stock a Great Buying Opportunity for Investors?
The Motley Fool· 2024-08-02 12:10
Can Chipotle's stock bounce back from its recent sell-off?A stock split doesn't always lead to a big rally. Chipotle Mexican Grill (CMG -1.58%) recently deployed a massive 50-for-1 stock split, but its shares have been going in the opposite direction of late. On June 27, the stock began trading on a post-split basis at just over $62. But last week, its shares dipped below $50.Since then, the company has reported its latest earnings numbers, which remained strong. But despite this, the stock has been struggl ...