Chipotle Mexican Grill

CMG-N

NYSE:CMG

1,056.45
11.91 (1.11%)
Chipotle Mexican Grill, Inc. is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission-style burritos.
More at Wikipedia

Analysis and Opinions about CMG-N

Signal
Opinion
Expert
COMMENT
COMMENT
August 6, 2019

Time to add? They are only in 26 states so far, so there is a long playing field for SHAK-N. It trades at a high multiple, so if they disappoint it can become very painful quickly. Be cautious. He prefers to own the established names like SBUX-Q or CMG-N.

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Time to add? They are only in 26 states so far, so there is a long playing field for SHAK-N. It trades at a high multiple, so if they disappoint it can become very painful quickly. Be cautious. He prefers to own the established names like SBUX-Q or CMG-N.

PAST TOP PICK
PAST TOP PICK
September 27, 2018

(A Top Pick July 19/17 - Down 12%) She had it with the expectation that it’s taken over. 4% yield in the meantime.

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(A Top Pick July 19/17 - Down 12%) She had it with the expectation that it’s taken over. 4% yield in the meantime.

DON'T BUY
DON'T BUY
April 17, 2018

Not keen on it. What made them terrific before may not continue: quality food and good value, then people got sick. He's unconvinced they can regain that public goodwill.

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Not keen on it. What made them terrific before may not continue: quality food and good value, then people got sick. He's unconvinced they can regain that public goodwill.

BUY WEAKNESS
BUY WEAKNESS
March 14, 2018

He continues to watch this stock, he thinks it is worth $180 and the recent close makes it too expensive. However, he has been saying this since it traded $500. He will wait for his target.

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He continues to watch this stock, he thinks it is worth $180 and the recent close makes it too expensive. However, he has been saying this since it traded $500. He will wait for his target.

PAST TOP PICK
PAST TOP PICK
January 18, 2018

*Short* (A Top Pick Nov 3/17, Up 11%) It was a combination of an e-coli scare, overvaluation and a growth stock becoming a value play. It is still not a cheap enough stock for him to find any level of support.

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*Short* (A Top Pick Nov 3/17, Up 11%) It was a combination of an e-coli scare, overvaluation and a growth stock becoming a value play. It is still not a cheap enough stock for him to find any level of support.

COMMENT
COMMENT
July 7, 2017

He is more positive on this on the margin. Technically it still has a little bit of work to do. The earnings trends are more on the positive inflection, as opposed to a “show me” story. It has pulled back more recently. Looking at a slightly longer-term chart, you can see the cup coming up and breaking out on a medium-term basis. This is shaping up nicely, and he is positive on the space itself.

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He is more positive on this on the margin. Technically it still has a little bit of work to do. The earnings trends are more on the positive inflection, as opposed to a “show me” story. It has pulled back more recently. Looking at a slightly longer-term chart, you can see the cup coming up and breaking out on a medium-term basis. This is shaping up nicely, and he is positive on the space itself.

BUY WEAKNESS
BUY WEAKNESS
June 2, 2017

His model price is $203. He was praying the stock would come back to his model price. Bill Ackman has now taken a position in the company and is doing some activist stuff. He would love to see this come back to $394.

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His model price is $203. He was praying the stock would come back to his model price. Bill Ackman has now taken a position in the company and is doing some activist stuff. He would love to see this come back to $394.

COMMENT
COMMENT
April 6, 2017

They had some earnings hits in the last couple of quarters. It is not cheap, 30-40 times earnings, but the growth rate is really good. It still has some more to prove in his opinion. There are so many people who bought this in 2014/15 and are under water and want to sell this to get their money back and it creates some resistance levels.

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They had some earnings hits in the last couple of quarters. It is not cheap, 30-40 times earnings, but the growth rate is really good. It still has some more to prove in his opinion. There are so many people who bought this in 2014/15 and are under water and want to sell this to get their money back and it creates some resistance levels.

TOP PICK
TOP PICK
November 3, 2016

Short. They ran into E. Coli problems just over a year ago, a month after the stock peaked. The stock is down materially over the last year and is still expensive, priced for growth. It is 120 times earnings. They keep missing on earnings.

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Short. They ran into E. Coli problems just over a year ago, a month after the stock peaked. The stock is down materially over the last year and is still expensive, priced for growth. It is 120 times earnings. They keep missing on earnings.

TOP PICK
TOP PICK
November 2, 2016

*Short*(Pairs Trade with a Long on A&W Revenue Royalties (AW.UN-T). This is having all kinds of problems. Their same-store sales are still in decline. The declines are improving every quarter, but not in a major way.

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*Short*(Pairs Trade with a Long on A&W Revenue Royalties (AW.UN-T). This is having all kinds of problems. Their same-store sales are still in decline. The declines are improving every quarter, but not in a major way.

COMMENT
COMMENT
June 6, 2016

This had 2 outbreaks, one on top of the other. The issue is, can they gain back consumers’ trust. You go there because it’s cool and very healthy, as compared to others. They have a long way to climb back. If they can do that, this would be a screaming buy.

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This had 2 outbreaks, one on top of the other. The issue is, can they gain back consumers’ trust. You go there because it’s cool and very healthy, as compared to others. They have a long way to climb back. If they can do that, this would be a screaming buy.

PAST TOP PICK
PAST TOP PICK
April 27, 2016

(A Top Pick April 15/15. Down 38.43%.) Had owned this for quite a few years. Got stopped out during the E. coli outbreak, but still lost money on the trade.

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(A Top Pick April 15/15. Down 38.43%.) Had owned this for quite a few years. Got stopped out during the E. coli outbreak, but still lost money on the trade.

TOP PICK
TOP PICK
April 15, 2015

An opportunity to pick up a pretty good name that has done a sideways move for some time. Millennials (generation Y) are taking to the name. The company is able to price what they want because consumers believe they are getting good value for their money and the quality is very high. Store count is around 1600 in the US, which he thinks is a very low concentration, considering what they have ahead of them. This doesn’t even consider what they are doing internationally.

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An opportunity to pick up a pretty good name that has done a sideways move for some time. Millennials (generation Y) are taking to the name. The company is able to price what they want because consumers believe they are getting good value for their money and the quality is very high. Store count is around 1600 in the US, which he thinks is a very low concentration, considering what they have ahead of them. This doesn’t even consider what they are doing internationally.

DON'T BUY
DON'T BUY
July 23, 2014

There is a lot of momentum behind the stock. Trading at 42X forward earnings, which is pretty expensive. Growth rate is 20%, so you are paying 2X PEG ratio.

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There is a lot of momentum behind the stock. Trading at 42X forward earnings, which is pretty expensive. Growth rate is 20%, so you are paying 2X PEG ratio.

PAST TOP PICK
PAST TOP PICK
December 17, 2013

(A Top Pick Dec 19/12. Up 77.45%.) Seemed like a powerful trend to him, principally driven by their attention to organic high-quality and basically competing with the fast food industry.

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(A Top Pick Dec 19/12. Up 77.45%.) Seemed like a powerful trend to him, principally driven by their attention to organic high-quality and basically competing with the fast food industry.

TOP PICK
TOP PICK
December 19, 2012

High-quality organic food. Every once in a while there is a name that is very, very popular. This is the stock that has the most amount of excitement but also the most amount of volatility. Huge swings. But he feels it is time for some serious business and this is an area he feels investors should take a look at. Have something like 40% margins and 1000 stores. Looking for another $50 from here.

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High-quality organic food. Every once in a while there is a name that is very, very popular. This is the stock that has the most amount of excitement but also the most amount of volatility. Huge swings. But he feels it is time for some serious business and this is an area he feels investors should take a look at. Have something like 40% margins and 1000 stores. Looking for another $50 from here.

DON'T BUY
DON'T BUY
October 23, 2012

This is not the kind of a stock he looks at because it is a high growth stock and a high multiple stock. Their growth is slowing down. There is a lot of competition in Mexican food. At 30X earnings he is staying away. Doesn’t pay a dividend.

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This is not the kind of a stock he looks at because it is a high growth stock and a high multiple stock. Their growth is slowing down. There is a lot of competition in Mexican food. At 30X earnings he is staying away. Doesn’t pay a dividend.

DON'T BUY
DON'T BUY
August 24, 2012

Not really familiar with it but it is higher end. All these companies are going to suffer from higher input costs, affecting margins. Expensive stock in terms of PE and that is why it went down. If it happens again you could see it at $2.50.

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Not really familiar with it but it is higher end. All these companies are going to suffer from higher input costs, affecting margins. Expensive stock in terms of PE and that is why it went down. If it happens again you could see it at $2.50.

COMMENT
COMMENT
January 19, 2012
Chart shows a long upward trend from early 2009 but there was choppiness in 2011. Has a little bit of a wedge pattern so if it broke down to about the $325 level, there is probably a good chance to Short there and the most logical place for support would be at around $288-$290. Shorting when you have such a nice trend can be dangerous. If you want to buy, try to get it at the $330 level.
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Chart shows a long upward trend from early 2009 but there was choppiness in 2011. Has a little bit of a wedge pattern so if it broke down to about the $325 level, there is probably a good chance to Short there and the most logical place for support would be at around $288-$290. Shorting when you have such a nice trend can be dangerous. If you want to buy, try to get it at the $330 level.
COMMENT
COMMENT
December 1, 2011

Buying a Put when it reaches its high of around $347-$350 with the idea of selling it if it goes down to $320-$310. Good strategy? This is a classic earnings momentum stock. He doesn't like to buy options because by definition you could lose 100% if you're wrong. If you are going to do it, buy a longer dated option (2 month or 3 month), pay the premium and then sell it as it migrates in 1 month.

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Buying a Put when it reaches its high of around $347-$350 with the idea of selling it if it goes down to $320-$310. Good strategy? This is a classic earnings momentum stock. He doesn't like to buy options because by definition you could lose 100% if you're wrong. If you are going to do it, buy a longer dated option (2 month or 3 month), pay the premium and then sell it as it migrates in 1 month.

DON'T BUY
DON'T BUY
July 4, 2011
Wants to buy a $3.10 Put for August up. (Caller thinks stock is going to go below $310.) Currently trading at $315, which is pretty good for a restaurant. Chart indicates there is a lot of biting going on and doesn't look like it is exhausting. This move would be a bit tricky now.
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Wants to buy a $3.10 Put for August up. (Caller thinks stock is going to go below $310.) Currently trading at $315, which is pretty good for a restaurant. Chart indicates there is a lot of biting going on and doesn't look like it is exhausting. This move would be a bit tricky now.
BUY
BUY
May 4, 2011
This is the kind of staple industry that just chugs along. Chart looks good. Nothing jumps out and is in a good sector.
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This is the kind of staple industry that just chugs along. Chart looks good. Nothing jumps out and is in a good sector.
BUY
BUY
January 14, 2011
Great earnings. Stock will probably split. Whenever they open a shop there is literally a line 2 hours before they open. Stock is going a lot higher.
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Great earnings. Stock will probably split. Whenever they open a shop there is literally a line 2 hours before they open. Stock is going a lot higher.
PAST TOP PICK
PAST TOP PICK
November 30, 2010

(Top Pick Nov 4/10, 4.25% yield for 43 days) Short Chipotle / buy December puts. Was a company he did not own but wanted to own.

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(Top Pick Nov 4/10, 4.25% yield for 43 days) Short Chipotle / buy December puts. Was a company he did not own but wanted to own.

COMMENT
COMMENT
November 19, 2010
Strategy of Buying Puts thinking the stock might go down for a while? He doesn’t use options. Chart shows a pretty good upward trend from early 2009 and has gone parabolic in the last half of this year. It could come back to the $200 level but he can see it moving higher. Unbound volume indicates it is being accumulated.
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Strategy of Buying Puts thinking the stock might go down for a while? He doesn’t use options. Chart shows a pretty good upward trend from early 2009 and has gone parabolic in the last half of this year. It could come back to the $200 level but he can see it moving higher. Unbound volume indicates it is being accumulated.
TOP PICK
TOP PICK
November 4, 2010
Short Chipotle / buy December puts. An earnings stock that is on fire. People line up at restaurants 2 hours before lunch and dinner.
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Short Chipotle / buy December puts. An earnings stock that is on fire. People line up at restaurants 2 hours before lunch and dinner.
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Chipotle Mexican Grill(CMG-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

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, there was no coverage of Chipotle Mexican Grill published on Stockchase.

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

Chipotle Mexican Grill was recommended as a Top Pick by David Burrows on 2019-08-06. 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?

0 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 2020-07-02, Chipotle Mexican Grill (CMG-N) stock closed at a price of $1056.45.