Chipotle Mexican Grill (NYSE: CMG) is 35.27% higher on its value in year-to-date trading and has touched a low of $44.08 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 $61.74 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $61.87, the stock is -2.26% and 2.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.59 million and changing 0.21% at the moment leaves the stock 4.94% off its SMA200. CMG registered 33.69% gain for a year compared to 6-month loss of -3.14%. The firm has a 50-day simple moving average (SMA 50) of $60.6212 and a 200-day simple moving average (SMA200) of $58.959263.
The stock witnessed a 5.08% gain in the last 1 month and extending the period to 3 months gives it a 6.14%, and is -4.21% down 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 2.53% over the week and 2.17% over the month.
Chipotle Mexican Grill (CMG) has around 116068 employees, a market worth around $84.48B and $10.98B in sales. Current P/E ratio is 57.50 and Fwd P/E is 46.75. Profit margin for the company is 13.51%. Distance from 52-week low is 40.35% and -10.67% from its 52-week high. The company has generated returns on investments over the last 12 months (18.97%).
with sales reaching $2.85B over the same period.The EPS is expected to grow by 24.65% this year, but quarterly earnings will post 14.68% year-over-year. Quarterly sales are estimated to grow 13.27% in year-over-year returns.
Chipotle Mexican Grill (CMG) Top Institutional Holders
1976.0 institutions hold shares in Chipotle Mexican Grill (CMG), with institutional investors hold 87.52% of the company’s shares. The shares outstanding are 1.36B, and float is at 1.35B with Short Float at 1.90%. Institutions hold 86.91% 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
The most recent transaction is an insider sale by Schalow Laurie, the company’s Chief Corp Affairs, Food Sft. SEC filings show that Schalow Laurie sold 16,846 shares of the company’s common stock on Dec 11 ’24 at a price of $65.16 per share for a total of $1.1 million. Following the sale, the insider now owns 0.17 million shares.
Chipotle Mexican Grill disclosed in a document filed with the SEC on Dec 10 ’24 that Schalow Laurie (Chief Corp Affairs, Food Sft) sold a total of 4,404 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $65.01 per share for $0.29 million. Following the transaction, the insider now directly holds 0.19 million shares of the CMG stock.
Still, SEC filings show that on Dec 11 ’24, LAURIE SCHALOW (Officer) Proposed Sale 16,846 shares at an average price of $65.16 for $1.1 million. The insider now directly holds shares of Chipotle Mexican Grill (CMG).
