Chipotle Mexican Grill (NYSE: CMG) is 27.90% higher on its value in year-to-date trading and has touched a low of $35.37 and a high of $69.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMG stock was last observed hovering at around $57.66 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $58.50, the stock is 7.16% and 7.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.56 million and changing 1.46% at the moment leaves the stock 6.39% off its SMA200. CMG registered 52.94% gain for a year compared to 6-month loss of 5.46%.
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The stock witnessed a 11.49% gain in the last 1 month and extending the period to 3 months gives it a -13.09%, and is 7.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.28% over the week and 2.48% over the month.
Chipotle Mexican Grill (CMG) has around 116068 employees, a market worth around $80.11B and $10.66B in sales. Current P/E ratio is 57.32 and Fwd P/E is 45.23. Profit margin for the company is 13.23%. Distance from 52-week low is 65.38% and -15.54% from its 52-week high. The company has generated returns on investments over the last 12 months (18.25%).
The EPS is expected to grow by 21.45% this year.
Chipotle Mexican Grill (CMG) Top Institutional Holders
1930.0 institutions hold shares in Chipotle Mexican Grill (CMG), with institutional investors hold 88.95% of the company’s shares. The shares outstanding are 1.37B, and float is at 1.36B with Short Float at 2.36%. Institutions hold 88.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 119.81 million shares valued at $7.51 billion. The investor’s holdings represent 8.7309% of the CMG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 109.51 million shares valued at $6.86 billion to account for 7.9808 of the shares outstanding. The other top investors are STATE STREET CORP which holds 55.09 million shares representing 4.0146% and valued at over $3.45 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.7517 of the shares totaling 51.48 million with a market value of $3.23 billion.
Chipotle Mexican Grill (CMG) Insider Activity
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Still, SEC filings show that on Sep 12 ’24, Hickenlooper Robin S (Director) disposed off 1,790 shares at an average price of $56.38 for $0.1 million. The insider now directly holds 41,510 shares of Chipotle Mexican Grill (CMG).
