The stock of Chipotle Mexican Grill (CMG) has gone up by 0.19% for the week, with a 2.82% rise in the past month and a -8.48% drop in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are 2.25% for CMG. The simple moving average for the last 20 days is 2.12% for CMG stock, with a simple moving average of 3.26% for the last 200 days.
Is It Worth Investing in Chipotle Mexican Grill (NYSE: CMG) Right Now?
The price-to-earnings ratio for Chipotle Mexican Grill (NYSE: CMG) is above average at 56.19x, Company’s 36-month beta value is 1.26.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 23 as “hold,” and 4 as “sell.”
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The public float for CMG is 1.36B, and currently, short sellers hold a 2.40% ratio of that floaft. The average trading volume of CMG on September 30, 2024 was 17.39M shares.
CMG) stock’s latest price update
Chipotle Mexican Grill (NYSE: CMG)’s stock price has decreased by -1.22 compared to its previous closing price of 58.05. However, the company has seen a 0.19% increase in its stock price over the last five trading sessions. fool.com reported 2024-09-29 that Chipotle’s proven pricing power has led to strong profitability. Starbucks’ new CEO can leverage the brand’s strength to get back on track.
Analysts’ Opinion of CMG
Many brokerage firms have already submitted their reports for CMG stocks, with Wedbush repeating the rating for CMG by listing it as a “Outperform.” The predicted price for CMG in the upcoming period, according to Wedbush is $58 based on the research report published on August 14, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see CMG reach a price target of $72, previously predicting the price at $3600. The rating they have provided for CMG stocks is “Outperform” according to the report published on July 16th, 2024.
Goldman gave a rating of “Buy” to CMG, setting the target price at $3730 in the report published on June 13th of the current year.
CMG Trading at 5.41% from the 50-Day Moving Average
After a stumble in the market that brought CMG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.21% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares surge +3.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.42% upper at present.
During the last 5 trading sessions, CMG rose by +0.19%, which changed the moving average for the period of 200-days by +24.90% in comparison to the 20-day moving average, which settled at $56.24. In addition, Chipotle Mexican Grill saw 25.36% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMG starting from BRIAN R. NICCOL, who proposed sale 168,738 shares at the price of $58.32 back on Sep 23 ’24. After this action, BRIAN R. NICCOL now owns shares of Chipotle Mexican Grill, valued at $9,840,108 using the latest closing price.
BRIAN R. NICCOL, the Officer of Chipotle Mexican Grill, proposed sale 211,099 shares at $57.68 during a trade that took place back on Sep 19 ’24, which means that BRIAN R. NICCOL is holding shares at $12,176,254 based on the most recent closing price.
Stock Fundamentals for CMG
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.26 for the gross margin
The net margin for Chipotle Mexican Grill stands at 0.13. The total capital return value is set at 0.23. Equity return is now at value 43.54, with 17.12 for asset returns.
Based on Chipotle Mexican Grill (CMG), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 1.15. The interest coverage ratio of the stock is -202.61.
Currently, EBITDA for the company is 2.03 billion with net debt to EBITDA at 1.57. When we switch over and look at the enterprise to sales, we see a ratio of 7.69. The receivables turnover for the company is 63.07for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In a nutshell, Chipotle Mexican Grill (CMG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
