Streetbeat News

CMG

Chipotle Mexican Grill, Inc.

https://www.chipotle.com

Industry

Restaurants

Chipotle Mexican Grill, Inc., together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The options market shows a bearish sentiment towards Chipotle Mexican Grill (NYSE:CMG), with 63% of options activity being bearish. Significant options trades suggest a price range of $46.0 to $60.0. Analysts have mixed ratings, with a consensus target price of $65.0.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 5:30 pm

Cava Group's stock has reached all-time highs following strong Q2 earnings, with Wedbush analyst Nick Setyan raising the price target to $120. The company reported significant same-store sales growth and increased unit growth guidance, indicating a positive outlook. Cava's stock has surged 187.23% year-to-date, and it is often compared to Chipotle Mexican Grill.

Portfolio Pulse from Chris Katje

August 23, 2024 | 2:00 pm

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. It details the type of options, sentiment, expiration dates, and trade volumes for each stock.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:35 pm

Chipotle Mexican Grill (NYSE:CMG) has significantly outperformed the market over the past 5 years, with an annualized return of 26.19%. A $1000 investment in CMG 5 years ago would now be worth $3,258.95, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:00 pm

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for TSLA, MGM, CMG, FIVE, and ABNB, while BABA and M show bullish sentiment. Neutral sentiment is observed for WYNN and AMZN, with SBUX showing bullish sentiment despite a put option sweep.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 5:35 pm

Stephanie Link from Hightower Advisors sees Chipotle as a buying opportunity despite a 20% stock drop. She highlights improved valuation metrics, strong customer loyalty, and digital innovation as key strengths. Despite the departure of CEO Brian Niccol, Link remains confident in Chipotle's long-term prospects.

Portfolio Pulse from Surbhi Jain

August 20, 2024 | 1:07 pm

Starbucks has appointed Brian Niccol as its new CEO, offering him a $10-million signing bonus and the ability to work remotely, highlighting a trend where executives enjoy remote work flexibility while lower-level employees are required to return to the office. This trend is seen across other companies like Victoria's Secret and Amazon, where remote work policies differ between executives and regular employees.

Portfolio Pulse from Aaron Bry

August 19, 2024 | 4:32 pm

Jim Cramer discussed the recent CEO change at Starbucks, highlighting the shift from Laxman Narasimhan to Brian Niccol, former CEO of Chipotle Mexican Grill. This change has led to a significant stock surge for Starbucks, reflecting renewed investor confidence. Cramer emphasized the importance of holding valuable brands and expressed confidence in Niccol's ability to lead Starbucks despite potential challenges.

Portfolio Pulse from Benzinga Neuro

August 19, 2024 | 8:01 am

Recent economic data has eased recession fears, reducing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence. The S&P 500 and Nasdaq 100 indices saw their strongest week since October 2023. Inflation is decelerating, jobless claims rose less than expected, and retail sales surged. Starbucks gained $15 billion in market value while Chipotle lost $7 billion following a CEO move. Walmart's earnings exceeded expectations, and Michael Burry increased his stakes in Chinese tech companies.

Portfolio Pulse from Piero Cingari

August 16, 2024 | 8:16 pm

Shares of hotel, restaurant, and leisure companies are trading higher following strong economic data that helps ease recession concerns.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 5:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.