Wall Street expects a year-over-year increase in earnings on higher revenues when Chipotle Mexican Grill (CMG) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July ...

Chipotle Mexican Grill (NYSE:CMG) is known for generously sized burritos — or at least, the company used to be known for big burritos. In the world of consumer goods, perception is reality, and the public’s perception of Chipotle isn’t ideal. Investors shouldn’t be too hungry for Chipotle stock in July.In the wake of Chipotle’s much-talked-about 50-for-1 share split, the stock may appear very cheap. Just because Chipotle shares are more affordable doesn’t mean they’re actually cheap. Knowing the difference ...

Chipotle's stock is down, but is it a buy, given the price?Shares of Chipotle (CMG 2.00%) have come off their highs earlier this year as restaurant stocks have been sold off across the board. But is the stock a buy?In this video, Travis Hoium covers the company's long-term trends and shows why the stock may be too expensive to touch.*Stock prices used were end-of-day prices of July 15, 2024. The video was published on July 16, 2024. ...

Investing in Bill Ackman stocks ranks among the top picks on the stock market today.Founded over two decades ago, stock picks from Ackman’s Pershing Square hedge fund have become a key talking point among value investors. He embraces maverick investor Warren Buffett’s time-honored principle that “Diversification is protection against ignorance.”Hence, Ackman operates a tightly focused portfolio. By the end of the first quarter, his portfolio was concentrated around just six companies, with assets worth upwa ...

Chipotle stock has retreated in the wake of its stock split.Investors are consistently bullish on Chipotle Mexican Grill (CMG 0.21%) stock, but it picked up some extra hype recently with its attention-grabbing 50-for-1 stock split on June 26.Since then, the hype has calmed down, and shares have pulled back from their year-to-date highs. But even so, Chipotle stock is up a market-beating 26% so far this year. Can it go even higher before the end of 2024?Why Chipotle stock is surgingThe stock-split hype certa ...

Cava and Chipotle stock have each outperformed the S&P 500 so far this year.Fast casual dining has become one of the most popular options for diners over the last several years.Two leading fast casual restaurant chains are Mediterranean-inspired CAVA Group (CAVA -1.10%) and burrito specialist Chipotle Mexican Grill (CMG 0.21%).So far in 2024, Cava stock is up 98% while shares of Chipotle have gained 25% -- each handily topping the S&P 500.Let's dive into the business results of Cava and Chipotle and assess ...

There's probably more of the same coming from this perennial winner.Chipotle Mexican Grill (CMG 0.21%) has been an investor favorite for years, but it received special attention this year after announcing a 50-for-1 stock split. That's one of the biggest splits ever, and with the shares' four-figure price tag prior to the split, it made a lot of sense.It went through in June, and Chipotle stock dropped slightly afterward. It trades at $57.50 per share as of this writing, but that's still a 26% gain year to ...

The company is putting up record numbers, but it sits at an expensive earnings multiple.Perhaps no restaurant has made a stronger comeback than Chipotle (CMG 0.21%) over the last decade. After dealing with a huge food safety crisis in 2015, the fast-casual leader is now stronger than ever as it closes in on 3,500 stores with impressive unit volumes. It brought on a new CEO, Brian Niccol, in 2018 to steer the business, which has paid off handsomely. Over the last 10 years, Chipotle has posted a 382% total re ...

Chipotle has been executing well lately with sales growth of 14% year over year in the first quarter -- and there's more to come.Chipotle Mexican Grill (CMG 0.21%) is a growth stock with management that is keenly focused on expanding the company's top line. There are two ways for a restaurant chain to do that, and the leadership team is focused on both of them. Here's what you need to watch at Chipotle over the next three years to make sure that the company is living up to its own plans.Chipotle has five go ...

Chipotle Mexican Grill (CMG) closed the most recent trading day at $57.55, moving -1.29% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.88% for the day. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 1.95%.Coming into today, shares of the Mexican food chain had lost 8.07% in the past month. In that same time, the Retail-Wholesale sector gained 1.55%, while the S&P 500 gained 5.11%.The upcoming earnin ...