Across the recent three months, 16 analysts have shared their insights on Chipotle Mexican Grill CMG, expressing a variety of opinions spanning from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 9 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 2 | 1 | 0 | 0 |
2M Ago | 0 | 1 | 0 | 0 | 0 |
3M Ago | 3 | 6 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Chipotle Mexican Grill, presenting an average target of $2286.31, a high estimate of $2800.00, and a low estimate of $1865.00. This upward trend is apparent, with the current average reflecting a 5.11% increase from the previous average price target of $2175.10.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Chipotle Mexican Grill by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $2246.00 | $1885.00 |
Joshua Long | Stephens & Co. | Raises | Overweight | $2800.00 | $2330.00 |
Nick Setyan | Wedbush | Announces | Neutral | $2400.00 | - |
Brian Vaccaro | Raymond James | Raises | Outperform | $2450.00 | $2100.00 |
Christopher Carril | RBC Capital | Raises | Outperform | $2425.00 | $2185.00 |
Andrew Charles | TD Cowen | Maintains | Outperform | $2200.00 | - |
John Glass | Morgan Stanley | Raises | Equal-Weight | $2070.00 | $2010.00 |
Joshua Long | Stephens & Co. | Maintains | Overweight | $2330.00 | - |
Eric Gonzalez | Keybanc | Raises | Overweight | $2250.00 | $2200.00 |
Joel Fishbein | Truist Securities | Maintains | Buy | $2280.00 | - |
Jeffrey Bernstein | Barclays | Lowers | Equal-Weight | $1865.00 | $1950.00 |
Nick Setyan | Wedbush | Maintains | Outperform | $2200.00 | - |
Lauren Silberman | Deutsche Bank | Announces | Buy | $2375.00 | - |
Brian Vaccaro | Raymond James | Lowers | Outperform | $2100.00 | $2300.00 |
Joshua Long | Stephens & Co. | Lowers | Overweight | $2330.00 | $2400.00 |
Jon Tower | Citigroup | Lowers | Buy | $2260.00 | $2391.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Chipotle Mexican Grill. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Chipotle Mexican Grill compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Chipotle Mexican Grill's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Chipotle Mexican Grill's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Chipotle Mexican Grill analyst ratings.
Discovering Chipotle Mexican Grill: A Closer Look
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $8.6 billion in 2022. The Mexican concept is predominately company-owned (it recently inked a development agreement with Alshaya Group in the Middle East), with a footprint of nearly 3,200 stores at the end of 2022, heavily indexed to the United States, although the firm maintains a small presence in Canada, the U.K., France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Chipotle Mexican Grill: A Financial Overview
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Chipotle Mexican Grill showcased positive performance, achieving a revenue growth rate of 11.34% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Chipotle Mexican Grill's net margin excels beyond industry benchmarks, reaching 12.67%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Chipotle Mexican Grill's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 11.08%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.05%, the company showcases effective utilization of assets.
Debt Management: Chipotle Mexican Grill's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.39.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.