Buy, Sell or Hold: Chipotle Mexican Grill (CMG-N) — Stock Predictions at Stockchase

NYSE:CMG

1,823.09

18.05 (0.98%) 1d

Showing 1 to 15 of 43 entries

STRONG BUY

They report Wednesday. A huge favourite of his. He targets $2,000.

food services

BUY

Based on a $2,000 price target, you can take some profits now to lock in a gain. But he thinks this will hit $2,000.

food services

COMMENT

It's too pricey for her, but their execution (digital strategy, pivoted during the pandemic) is perfect. They've done a phenomenal job. Good for them.

food services

BUY

Was just upgraded with a new price target He has been bullish this for a long time. A great turnaround story of the last 25 years. We'll see that new price target happen this fall. He's a firm believer.

food services

BUY

The CEO came from Taco Bell to revive this company immediately. The PE is stretched, though, but digital growth has been amazing. They've innovated the menu. They've done everything they've needed to do. He raised menu prices, but also the wages of their employees which creates loyalty and goodwill by customers.

food services

BUY

They just reported a 10.5% jump in digital sales. Tech is the key to their success. They invested their big cash pile well in created fast pick-up service and their app.

food services

STRONG BUY

It surged 11.5% today on a fabulous quarter. This is headed to $2,000 and sooner than you think. Earnings beat. Smart energies who used the best digital ordering system to survive and thrive during Covid. Same goes with drive-thrus. They learned to use technology during Covid. They opened 56 locations in the last quarter, including 45 that exploit tech and drive-thru technology. Digital sales jumped 10.5% in the quarter and now makes up nearly 50% of overall quarterly sales.

food services

DON'T BUY

Labour costs are rising. Their use of digital and online results may be as good as it gets.

food services

BUY

Some say the valuation is too high, but he points to 30% earnings growth, digital advancements and a predicted big earnings beat.

food services

BUY

The stock rallied early this year, then faltered, though has come back recently. It still lags the S&P YTD by 3%. CMG soared last year by getting ahead of the curve using a strong online platform. They keep delivering great numbers, though expectations have been sky high which has triggered sell-offs; investors sold on good news. Fears of food and labour inflation are baked into the shares. In fact, food prices, such as wheat, have come down recently. Investors are unfairly punishing CMG for not offering full-year guidance. Earnings growth has been amazing, so give them a break. Shares are up 13% in June. They keep rolling out popular menu items, like a customize quesadilla. They should gain more market share. Trades at 63x this year's earnings, so it's not cheap though, but was trading 70x earlier this year. If it trades 20 points higher, it will trigger a breakout.

food services

BUY

It's the best in class, so stick with it, despite trading below its 200-day moving average.

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BUY

They report Wednesday. The stock has been hanging around all time highs, but he expects a breakout after the report, which he thinks will be a blow-out given a pick-up in business.

food services

BUY

Enjoyed an upgrade today and a higher earnings estimate. CMG is the last man standing in the restaurant industry as peers as closed during Covid. CMG took greater market share. It's up 21% in the past year.

food services

BUY

Fractional shares to buy instead of playing the short squeeze of GameStop, AMC, etc. They're making as much money from delivery and take-out from in-store dining. Later, in-store dining will come back with the reopening.

food services

COMMENT

CMG vs. MCD: Why don't the stocks move in tandem if they're in the same business? CMG is going all-in with tech. CMG is more technologically savvy than MCD, though MCD is a good business. MCD is a dinosaur in comparison. MCD, though, is a great company.

food services

Showing 1 to 15 of 43 entries

Chipotle Mexican Grill(CMG-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 14

Stockchase rating for Chipotle Mexican Grill is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Chipotle Mexican Grill(CMG-N) Frequently Asked Questions

What is Chipotle Mexican Grill stock symbol?

Chipotle Mexican Grill is a American stock, trading under the symbol CMG-N on the New York Stock Exchange (CMG). It is usually referred to as NYSE:CMG or CMG-N

Is Chipotle Mexican Grill a buy or a sell?

In the last year, 14 stock analysts published opinions about CMG-N. 13 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Chipotle Mexican Grill.

Is Chipotle Mexican Grill a good investment or a top pick?

Chipotle Mexican Grill was recommended as a Top Pick by on . Read the latest stock experts ratings for Chipotle Mexican Grill.

Why is Chipotle Mexican Grill stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Chipotle Mexican Grill worth watching?

14 stock analysts on Stockchase covered Chipotle Mexican Grill In the last year. It is a trending stock that is worth watching.

What is Chipotle Mexican Grill stock price?

On 2021-10-20, Chipotle Mexican Grill (CMG-N) stock closed at a price of $1823.09.

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