Heading into its first-ever stock split, is Chipotle stock a buy?Chipotle (CMG 0.20%) is one step closer to the finish line of its historic stock split. At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the way for its 50-for-1 stock split to take place later this month.There are a few important dates for shareholders to remember. Let's review the particulars so investors will be prepared for the upcoming stock split. Mark your calendarChipotle's press rel ...

Chipotle shows that any investor can build wealth investing in high-quality businesses.Chipotle Mexican Grill (CMG 0.20%) has been one of the best-performing restaurant stocks over the last 15 years. While early investors have made a lot of money even off a small investment, newer investors should still be encouraged by Chipotle's recent business performance and its impact on the stock's return.Earnings per share surged 540% over the last five years. That massive increase in profitability helped drive the s ...

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Chipotle Mexican Grill (CMG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this Mexican food chain have returned -1.5% over the past month versus the Zacks S&P 500 composite's +3.1% change. The Zacks Retail - Restaurants industry, to which Chipotle belongs, has lost 3.2% over this period. Now the key question is: Where could the stock be headed in the near term?While ...

Two big stock splits are happening this month. Find out why one is a must-buy and the other is a potential pitfall.Stock splits often create excitement and buzz among investors, but not all splits are alike. Some stock splits point to fantastic long-term growth stories and great investment opportunities, while others may be overvalued speculation stories that ultimately lead to disappointments.On that note, the June 2024 stock split calendar includes two household names, and I recommend buying one but not t ...

Fast-casual restaurant chain Chipotle Mexican Grill (NYSE:CMG) is known for purveying overstuffed burritos. Yet, some customers are reportedly getting less than what they expected — and Chipotle stock may be too richly valued for some investors’ taste.Granted, there’s a major event coming up soon that will affect the Chipotle share price. On other hand, it’s already public knowledge and many people have already taken a stock position in Chipotle. So, don’t assume that you’re getting a good value if you inve ...

There are compelling reasons to think these two companies might be next.June is a popular month for stock splits. Two recent high-profile ones were Amazon and Shopify, both in June 2022. The two newest June stock splits are Nvidia, which split its stock 10-for-1 last week, and Chipotle Mexican Grill, which is set to split on June 26 at 50-for-1.When a company splits its stock, it implies that it has grown tremendously and that management expects even more growth. A high price tag could be a barrier to entry ...

Group 1 - Companies splitting their stocks have experienced significant share price increases in 2024 [1] - Chipotle has executed a major stock split, marking it as a historic event in the market [1] - The stock prices referenced were the end-of-day prices as of June 7, 2024 [1]

The fast-casual chain's split will have one of the highest multiples ever.Investors love a good stock split. Those events don't do anything more than split the same-sized pie into smaller pieces, but they only occur after a company's share price has soared, which generally indicates that the business is doing quite well. Even better, when management decides to split a company's stock, it implies that it thinks there's more growth coming.Chipotle Mexican Grill (CMG -1.33%) wowed Wall Street back in March wit ...

This is one of the biggest stock splits in New York Stock Exchange (NYSE) historyThe record date is June 18 and the stock will begin trading on a post-split basis on June 26NEWPORT BEACH, Calif., June 6, 2024 /PRNewswire/ -- Chipotle Mexican Grill, Inc. (NYSE: CMG) today announced that during its annual meeting, its shareholders approved an increase in the number of authorized shares of its common stock, which is necessary to facilitate the company's 50-for-1 stock split. This will be one of the biggest sto ...