In its upcoming report, Chipotle Mexican Grill (CMG) is predicted by Wall Street analysts to post quarterly earnings of $0.25 per share, reflecting an increase of 8.7% compared to the same period last year. Revenues are forecasted to be $2.82 billion, representing a year-over-year increase of 13.9%.The consensus EPS estimate for the quarter has undergone an upward revision of 1.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed th ...

McDonald's shared more insights Wednesday into its investigation into a deadly E. coli outbreak. Executives said its investigation suggested the outbreak differed from what Chipotle faced in 2015. McDonald's said early indicators suggest slivered onions as a likely potential containment, but it couldn't rule out fresh beef. Insider Today Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Bull Thanks for signing up! Go to newsletter prefe ...

The company is rolling out a new system by Paradox that will make the hiring process simpler, faster, and more automated for all 3,500+ restaurants in North America and Europe The Paradox platform is supporting Chipotle's fall hiring efforts, its second largest hiring period of the yearNEWPORT BEACH, Calif., Oct. 22, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) announced today that it is partnering with Paradox to introduce a new platform that will make hiring employees more efficient for its res ...

Chipotle Mexican Grill, Inc. (CMG) has become a standout performer in the fast-casual dining sector, with its shares trading at a premium compared to its peers. The company boasts a forward 12-month Price-to-Sales ratio of 6.49X, significantly higher than the Zacks Retail-Restaurant industry’s average of 4.01X and the broader Retail-Wholesale sector’s 1.44X. CMG’s shares have surged 63.2% in the past year compared with the industry’s appreciation of 20.9% and the S&P 500’s 38.5% increase. CMG has outpaced o ...

Wealthy hedge fund managers sold Nvidia stock and bought Chipotle stock in the second quarter.Nvidia (NVDA 0.78%) and Chipotle Mexican Grill (CMG 0.90%) are brilliant companies. The former is a critical supplier in the artificial intelligence economy, and the latter has built enviable brand authority in the restaurant business. In turn, they have been such rewarding investments of late that both companies conducted stock splits in June to reset their soaring share prices.However, the billionaire hedge fund ...

Chipotle's business can still double in size in the coming years.Everything was going well for Chipotle Mexican Grill (CMG 0.90%). The company grew at a decent pace, profits were strong, and its stock price had more than tripled in the last five years.Just when investors were expecting the restaurant to keep up with its strong trajectory, CEO Brian Niccol announced his departure to join Starbucks. Niccol has been instrumental to Chipotle's outperformance since he joined in 2018, so investors were concerned ...

Investors who were worried about it should feel confident pressing the buy button.Chipotle Mexican Grill (CMG 0.90%) investors have been on edge since the announcement of the departure of powerhouse CEO Brian Niccol in August. The stock fell after its split in June, and it's tentatively making its way back up as investors get comfortable with the idea that the chain can go on even without Niccol leading the way.If the market had any more quibbles with that notion, the company just made it clear that it's no ...

The U.S. restaurant industry continues to be impacted by high wages, food cost inflation and traffic woes in 2024 after two years of strong growth. Despite these headwinds, a handful of restaurant stocks have flourished year to date, defying the industry’s weak performance. Investment in these stocks with a favorable Zacks Rank and a possible earnings beat should provide more returns in the near future. At this stage, we recommend investing in three big restaurant stocks — Chipotle Mexican Grill Inc. (CMG) ...

Stock Performance - Chipotle Mexican Grill (CMG) ended the recent trading session at $58 86, showing a -0 44% change from the previous day's closing price [1] - The stock underperformed compared to the S&P 500's daily loss of 0 02%, while the Dow rose by 0 38% and the Nasdaq increased by 0 04% [1] - Over the past month, CMG shares appreciated by 3 85%, outperforming the Retail-Wholesale sector's gain of 3 68% and the S&P 500's gain of 3 77% [1] Earnings and Revenue Projections - The company is expected to announce earnings on October 29, 2024, with a predicted EPS of $0 25, reflecting an 8 7% growth compared to the same quarter last year [1] - Revenue for the upcoming quarter is projected to be $2 81 billion, a 13 85% increase from the same quarter of the previous year [1] - For the full year, Zacks Consensus Estimates predict earnings of $1 09 per share and revenue of $11 34 billion, representing year-over-year changes of +21 11% and +14 89%, respectively [2] Analyst Estimates and Valuation - Recent upward revisions in analyst estimates reflect positivity towards the company's business operations and profit generation [2] - The Zacks Consensus EPS estimate has increased by 0 26% over the past month, and CMG currently holds a Zacks Rank of 2 (Buy) [3] - CMG is trading at a Forward P/E ratio of 54 42, which is a premium compared to the industry average of 23 63 [3] - The company's PEG ratio is 2 46, higher than the Retail - Restaurants industry average of 2 14 [3] Industry Overview - The Retail - Restaurants industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 105, placing it in the top 42% of all 250+ industries [4] - Industries in the top 50% of the Zacks Industry Rank tend to outperform the bottom half by a factor of 2 to 1 [4]

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. But finding a growth stock that can live up to its true potential can be a tough task.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, it's pretty easy to find cutting-edge gr ...