Is Chipotle Stock Going to $3,200? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.chipotle.com
Company Research
Source: Yahoo! Finance
Bernstein reiterated its outperform rating on the stock early Tuesday morning while boosting its share price target from $2,800 to $3,200. The new price target represents an upside over the next 12 months or so of about 10%. Momentum is building for Chipotle The Bernstein analysts expect 2024 to be a strong year for Chipotle, boosting their prediction of same-store sales growth to 7%. In the longer term, the analysts see Chipotle topping average sales per restaurant of $4 million within five or six years. Bernstein's optimism certainly meshes with Chipotle's recent results. The company reported same-store sales growth of 8.4% in the fourth quarter, with total revenue jumping 15.4% year over year thanks to new store openings. Operating margin, both at the restaurant level and companywide, improved meaningfully from the prior-year period. Average sales per restaurant reached $3 million in 2023, and Chipotle has a $4 million average in its crosshairs. The company also expects to
Show less
Read more
Impact Snapshot
Event Time:
CMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMG alerts
High impacting Chipotle Mexican Grill, Inc. news events
Weekly update
A roundup of the hottest topics
CMG
News
- Is Chipotle Stock Going to $3,500? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
- Vegan Fast Food Market to Surge Over US$ 28,198.30 Million by 2034, Fueled by Health, Sustainability, and Germany's Booming Demand [Yahoo! Finance]Yahoo! Finance
- Chipotle asked workers not to order chicken last week. Here's why [Yahoo! Finance]Yahoo! Finance
- Why Is Chipotle Stock the Largest Holding for Billionaire Bill Ackman? [Yahoo! Finance]Yahoo! Finance
- Chipotle Mexican Grill, Inc. (NYSE:CMG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- 4/26/24 - Form 144
- CMG's page on the SEC website