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3 Reasons Why Growth Investors Shouldn't Overlook Chipotle (CMG)
Zacks Investment Research· 2024-02-05 18:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...
Up 11% Already This Year, Does Chipotle Stock Have More Room To Run After Q4 Results?
Forbes· 2024-02-05 17:00
AUSTIN, TEXAS - APRIL 26: The exterior of a Chipotle Mexican Grill restaurant is seen on April 26, ... [+] 2023 in Austin, Texas. Chipotle Mexican Grill posted strong quarterly earnings. Chipotle shares climbed as same-store sales rose 10.9%. (Photo by Brandon Bell/Getty Images)Getty ImagesChipotle Mexican Grill stock (NYSE: CMG), a fast-casual restaurant chain that focuses on fresh and organic ingredients in burritos, salads, and more, is scheduled to report its fiscal fourth-quarter results on Tuesday, Fe ...
Should You Buy Chipotle Mexican (CMG) Ahead of Earnings?
Zacks Investment Research· 2024-02-05 14:56
Investors are always looking for stocks that are poised to beat at earnings season and Chipotle Mexican Grill, Inc. (CMG) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Chipotle Mexican is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...
Chipotle (CMG) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-02-02 19:01
Chipotle Mexican Grill, Inc. (CMG) is scheduled to report fourth-quarter 2023 results on Feb 6. In the last reported quarter, the company delivered an earnings surprise of 8.6%.How Are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $9.71, indicating growth of 17.1% from $8.29 registered in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.5 billion, suggesting an increase of 14.2% from the prior-year quarter’s figure. Let’s discuss the facto ...
Wall Street's Insights Into Key Metrics Ahead of Chipotle (CMG) Q4 Earnings
Zacks Investment Research· 2024-02-01 15:21
The upcoming report from Chipotle Mexican Grill (CMG) is expected to reveal quarterly earnings of $9.71 per share, indicating an increase of 17.1% compared to the year-ago period. Analysts forecast revenues of $2.49 billion, representing an increase of 14.2% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates dur ...
CHIPOTLE UNVEILS ITS MUST-VISIT RESTAURANT GUIDE TO IMPRESS DATES ON VALENTINE'S DAY
Prnewswire· 2024-02-01 13:07
Chipotle unveils a curated list of its most unique restaurant locations for memorable Valentine's Day dining People with the word "Chipotle" in their online dating profiles are 2.4 times more likely to strike up a conversation with a potential match Chipotle will offer new Valentine's Day-themed virtual and physical gift cards for burrito lovers NEWPORT BEACH, Calif., Feb. 1, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today launched a new Must-Visit Restaurant list featuring its most unique lo ...
Chipotle Mexican Grill (CMG) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-30 23:56
In the latest trading session, Chipotle Mexican Grill (CMG) closed at $2,419.28, marking a +0.61% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.06% for the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.76%.Shares of the Mexican food chain have appreciated by 5.14% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 1.86% and the S&P 500's gain of 3.36%.The investment community will be paying clos ...
Chipotle Mexican Grill (CMG) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-01-30 16:06
Chipotle Mexican Grill (CMG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 6, 2024, might help the stock move higher if these key numbers are ...
5 Growth Stocks to Buy That Are Poised to Beat on Earnings
Zacks Investment Research· 2024-01-29 12:36
We are in the first leg of the fourth-quarter 2023 earnings season. The results have so far shown stability, mostly in line with expectations. The earnings results and management guidance will be crucial for market participants to gauge the health of the U.S. economy.Q4 Earnings So FarAs of Jan 26, 124 companies on the S&P 500 Index have reported their financial numbers. Total earnings for these 52 index members are down 0.4% from the same period last year on 3.4% higher revenues, with 79% beating EPS estim ...
Chipotle wants to hire 19K new employees as it gears up for 'burrito season'
Fox Business· 2024-01-24 18:25
Chipotle will hire more workers to help with its imminent "burrito season."  The Mexican fast-food chain aims to take on a total of 19,000 new staff members before its restaurants experience their typical busy season that spans March to May, it said Wednesday.Chipotle’s announcement of hiring efforts coincided with the company unveiling a slew of new employee benefits.  Eligible employees will now have access to a financial well-being education platform and up to 4% salary-based matching contributions to th ...