Chipotle Mexican Grill (CMG) Registers a Bigger Fall Than the Market: Important Facts to Note

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]