Chipotle Mexican Grill (NYSE: CMG) is -6.80% lower on its value in year-to-date trading and has touched a low of $46.01 and a high of $69.26 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CMG stock was last observed hovering at around $57.52 in the last trading session, with the day’s loss setting it -1.32%.
Currently trading at $56.20, the stock is -4.99% and -7.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.78 million and changing -2.29% at the moment leaves the stock -5.01% off its SMA200. CMG registered 20.97% gain for a year compared to 6-month gain of 4.97%. The firm has a 50-day simple moving average (SMA 50) of $60.6824 and a 200-day simple moving average (SMA200) of $59.173573.
The stock witnessed a -12.58% loss in the last 1 month and extending the period to 3 months gives it a -4.52%, and is -0.11% 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 2.57% over the week and 2.13% over the month.
Chipotle Mexican Grill (CMG) has around 116068 employees, a market worth around $76.58B and $10.98B in sales. Current P/E ratio is 52.23 and Fwd P/E is 42.32. Profit margin for the company is 13.51%. Distance from 52-week low is 22.14% and -18.86% 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 24.71% this year, but quarterly earnings will post 14.70% year-over-year. Quarterly sales are estimated to grow 13.33% in year-over-year returns.
Chipotle Mexican Grill (CMG) Top Institutional Holders
1983.0 institutions hold shares in Chipotle Mexican Grill (CMG), with institutional investors hold 87.51% of the company’s shares. The shares outstanding are 1.36B, and float is at 1.35B with Short Float at 1.76%. 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 Garner Curtis E, the company’s Chief Customer & Techlgy Ofcr. SEC filings show that Garner Curtis E sold 15,750 shares of the company’s common stock on Jan 07 ’25 at a price of $58.24 per share for a total of $0.92 million. Following the sale, the insider now owns 0.41 million shares.
Still, SEC filings show that on Dec 11 ’24, Schalow Laurie (Chief Corp Affairs, Food Sft) disposed off 16,846 shares at an average price of $65.16 for $1.1 million. The insider now directly holds 168,946 shares of Chipotle Mexican Grill (CMG).
