Chipotle Mexican Grill(CMG)

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Chipotle Crushes Wall Street Estimates: Is It Too Late to Buy the Skyrocketing Stock?
The Motley Fool· 2024-04-30 11:46
Revenue and earnings continue rising at strong double-digit rates.Chipotle Mexican Grill (CMG 0.71%) has satisfied investors, who have been hungry for massive portions of strong returns. Shares of the fast-casual restaurant concept are up a jaw-dropping 366% in just the past five years, easily outpacing the broader S&P 500. This business now carries an impressive $86 billion market cap.The restaurant stock has soared 40% just this year as of Apr. 26, most recently boosted by better-than-expected first-quart ...
Stock Market Crash Alert: 7 Must-Buy Growth Stocks When Prices Plunge
InvestorPlace· 2024-04-30 10:25
The stock market can feel like easy money when every investment rises. However, the stock market is volatile and periodically goes through sharp corrections. Patient investors can use these dips as long-term buying opportunities and accumulate positions in promising growth stocks to buy.Growth-oriented investments can outperform the stock market, which also means these investments can lose more ground than the market when things go wrong. The long-term outlook is promising for these seven top growth stocks ...
The Meteoric Rise of Chipotle Mexican Grill Stock is Not Over
MarketBeat· 2024-04-29 13:01
Key PointsChipotle Mexican Grill had a robust quarter with positive comps, increased leverage, and positive guidance. The store count is forecast to grow more than 8% this year. The international expansion will equal the North American segment over time, doubling a business on track to grow by 100% in the next decade. 5 stocks we like better than Chipotle Mexican GrillThe price action in Chipotle Mexican Grill NYSE: CMG has been smoking hot, and it is not over yet. The 1100% gain posted since 2017 is the ti ...
Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike
Fox Business· 2024-04-29 12:01
Prices at Chipotle, McDonald's and other fast-food giants in California are rising after a minimum wage hike went into effect. "Chipotle said in an investor call Wednesday that prices at its nearly 500 California restaurants climbed 6% to 7% during the first week of April compared with last year, playing out across its menu," The Wall Street Journal reported Sunday. "The state isn't making it easy," Chipotle Chief Executive Brian Niccol reportedly said. CALIFORNIA'S $20 MINIMUM WAGE FOR FAST-FOOD WORKERS G ...
Chipotle Mexican Grill Just Achieved 1 of the Most Remarkable Numbers I've Ever Seen
The Motley Fool· 2024-04-28 17:25
Can the best get even better?In the book Algorithms to Live By, I was exposed to a concept that improved my ability to make decisions -- the "explore-exploit trade-off." I'll spare you the nerdy details. But I'm at the stage of life where I should be exploring things. Instead, I keep exploiting (ordering) the same chicken burrito from Chipotle Mexican Grill (CMG 2.41%) over and over because it's just so good. Why explore the menu further?Chipotle does a good job making my burrito. But that's not the only th ...
Billionaire Bill Ackman Invests 36% of His Portfolio In This Industry
The Motley Fool· 2024-04-28 13:53
A billionaire's investment goals are often noteworthy, but investors should consider their own situation before buying the same stocks.Investors often like to follow the investment advice of billionaires. The moves of such famous investors as Warren Buffett receive significant press coverage and can sometimes be a helpful source of stock ideas.However, investing is not so simple, and Bill Ackman's top two investments serve as an example. In his fund, Pershing Square Capital Management, Ackman invests 36% of ...
Billionaire Bill Ackman Has Almost 20% of His Pershing Square Portfolio Invested in This Magnificent Growth Stock
The Motley Fool· 2024-04-28 09:52
This closely watched investor is a fan of retail-based enterprises.Due to laws and regulations overseen by the Securities and Exchange Commission (SEC), large asset managers are required to publicly disclose their equity positions within 45 days of a quarter's end. For the retail investor, this is a potential gold mine of possible stock ideas.One well-known hedge fund manager, Bill Ackman, who heads Pershing Square Capital Management, is closely watched. His track record has made him somewhat of an investin ...
Is Chipotle Stock Going to $3,500? 1 Wall Street Analyst Thinks So.
The Motley Fool· 2024-04-26 19:05
Chipotle's industry-leading growth and profitability show why the stock trades at an expensive valuation.Share prices of Chipotle Mexican Grill (CMG 2.27%) rose to new highs following another strong earnings report. In the first quarter, the company's revenue and earnings beat the Street's estimates, leading analysts at Baird to bump their price target.The firm maintained an outperform (buy) rating on the shares and raised the 12-month price target from $3,250 to $3,500, or just under 10% higher than the cu ...
This Is How Much Chipotle Stock Is Up Since Its Worst Era Ever
24/7 Wall Street· 2024-04-25 22:16
This Is How Much Chipotle Stock Is Up Since Its Worst Era Ever marcnorman / iStock Editorial via Getty Images On what is a decidedly down day in the markets, Chipotle (NYSE: CMG) stock managed to buck the negative trend. Despite losses in the Dow Jones Industrial Average, Nasdaq and S&P 500, shares of the fast-casual retailer soared nearly 7% on the day to above the $3,000 level. Investors rewarded CMG for raising its full-year guidance owing to rising foot traffic that continues to blow away the competit ...
Chipotle Mexican Grill(CMG) - 2024 Q1 - Quarterly Report
2024-04-25 19:51
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________________________________ FORM 10-Q __________________________________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from t ...