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"TEAM CHIPOTLE" RETURNS WITH A NEW LIMITED-TIME MENU FEATURING THE GO-TO ORDERS FOR AMERICA'S TOP ATHLETES
Prnewswire· 2024-07-01 12:08
Anthony Edwards, Sophia Smith, Taylor Fritz, Sara Hughes, and Jagger Eaton will have their favorite orders featured on the Chipotle app and Chipotle.com as limited-edition menu items Chipotle has also launched new episodes of its "Unwrapped" series featuring behind-the-scenes content with each athlete Starting July 25, the brand will bring back gold foil burritos in the U.S. and serve gold foil burritos for the first time at its restaurants in France NEWPORT BEACH, Calif., July 1, 2024 /PRNewswire/ -- Chip ...
1 Stock-Split Stock You Can Confidently Buy for the Second Half of 2024, and 2 to Avoid
The Motley Fool· 2024-07-01 09:06
Nine prominent businesses have announced stock splits in 2024. One of these companies is cheaper than it's ever been, while history suggests two others are poised to disappoint their shareholders.With the exception of artificial intelligence (AI), there's not a hotter trend on Wall Street right now than companies conducting stock splits.A stock split is an event where a publicly traded company cosmetically alters its share price and outstanding share count by the same magnitude. It's "cosmetic" in the sense ...
Is Chipotle a No-Brainer Buy Right After Its 50-for-1 Stock Split? The Answer Might Surprise You.
The Motley Fool· 2024-06-30 18:00
This business has been drawing a lot of attention since management announced a historic stock split.The time has finally come. On June 16, shares of Chipotle Mexican Grill (CMG 0.39%) underwent a closely watched and historic 50-for-1 stock split. The previous four-figure price tag of the stock is currently at about $65.Management felt this was the right proposal, given how well the restaurant company's shares have been performing. They're up 44% in 2024, and in the past five years, have soared 348%.Is this ...
Chipotle: Growth Beyond The Split, But Valuation On Focus, Hold
Seeking Alpha· 2024-06-30 13:29
andresr/E+ via Getty Images Investment Thesis Chipotle Mexican Grill (NYSE:CMG) is a fast casual restaurant chain, that continues to experience growth. They reported strong earnings in the first quarter of 2024, exceeding consensus expectations. Revenue grew 14.1% to 2.70B, operating margin kept increasing to 16.3% and same-store sales rose 7%. The company is optimistic about the future, projecting continued growth throughout the year. SeekingAlpha After carefully looking into the company, I find tha ...
3 Reasons Why Warren Buffett Should Buy Chipotle Stock Hand Over Fist, and 1 Reason Why He Might Regret It
The Motley Fool· 2024-06-30 12:45
The Oracle of Omaha appreciates high-quality companies, but only if the price is right.Through Berkshire Hathaway, Warren Buffett owns dozens of stocks across various industries. But there's one thriving business in a sector he's familiar with that the conglomerate doesn't have a stake in.That company is Chipotle Mexican Grill (CMG 0.39%). Its shares have skyrocketed 348% in the past five years (as of June 26), easily beating the broader S&P 500. Credit goes to the business's strong fundamental performance. ...
Why the Market Dipped But Chipotle Mexican Grill (CMG) Gained Today
ZACKS· 2024-06-28 22:52
Chipotle Mexican Grill (CMG) closed the latest trading day at $62.65, indicating a +0.38% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.41%. On the other hand, the Dow registered a loss of 0.12%, and the technology-centric Nasdaq decreased by 0.71%.Heading into today, shares of the Mexican food chain had gained 0.47% over the past month, lagging the Retail-Wholesale sector's gain of 2.65% and the S&P 500's gain of 3.53% in that time.The investment community will be ...
Chipotle Mexican Grill's Pricing Study Affirms Strong Value Proposition, Says Analyst
Benzinga· 2024-06-28 17:38
Loading...Loading...Raymond James analyst Brian M. Vaccaro reiterated an Outperform rating on the shares of Chipotle Mexican Grill Inc CMG and raised the price target from $67 to $70.The company recently announced a 50-for-1 stock split.According to data, the company is sustaining strong comp and traffic outperformance despite contending with viral social media posts questioning its portion sizes and a softer consumer backdrop, said the analyst.Chipotle's expected mid-single digit percentage y/y traffic gro ...
Why Chipotle Stock Tanked Thursday Just After Its Stock Split
The Motley Fool· 2024-06-27 21:47
Profit-taking was the activity of the day for investors, resulting in the price slump.Chipotle Mexican Grill (CMG -5.24%) has been one tasty quesadilla of a stock on the exchange over the years. The fast-casual restaurant chain operator didn't have a good session on the market Thursday, however. Its shares fell more than 5% in value, which wasn't unusual given what happened the previous day.Stock-split indigestionChipotle investors started Wednesday with a much higher number of shares than they held previou ...
Where Will Chipotle Mexican Grill Be in 5 Years?
The Motley Fool· 2024-06-27 14:15
Shares of the fast-casual restaurant chain have crushed the market over the past five years.Chipotle Mexican Grill's (CMG -2.60%) extraordinary leap to the top of the food (or restaurant) chain has yielded thousands of percentage points in gains for loyal investors. Chipotle's share price has reached so high that it's undertaking a 50-for-1 split this week.Stock splits often reflect management's confidence that the stock price can go still higher. Let's see where we can expect Chipotle to be five years from ...
Here is What to Know Beyond Why Chipotle Mexican Grill, Inc. (CMG) is a Trending Stock
ZACKS· 2024-06-27 14:07
Chipotle Mexican Grill (CMG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this Mexican food chain have returned +7.2% over the past month versus the Zacks S&P 500 composite's +3.4% change. The Zacks Retail - Restaurants industry, to which Chipotle belongs, has lost 16% over this period. Now the key question is: Where could the stock be headed in the ne ...