Why Chipotle Stock (NYSE:CMG) Can Hit $3,500 Soon [Yahoo! Finance]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
ir.chipotle.com
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Source: Yahoo! Finance
such extended share price gains, it seems that Chipotle stock could soon approach the $3,500 threshold. The fast-casual Mexican restaurant keeps posting impressive same-store sales growth while quickly advancing its store expansion strategy. In the meantime, its margins keep expanding by the quarter, sustaining superb earnings growth. Thus, I remain bullish on CMG stock. Q1-2024 Results Fuel Bullish Sentiment Chipotle's Q1-2024 results once again fueled the bullish sentiment that has long surrounded the company. The stock's sustained rally certainly displays this. What's quite interesting is that, despite the years of skepticism from critics who dismiss Chipotle as merely a cult stock, the company consistently delivers exceptional results that defy industry norms. Let's take a closer look at Chipotle's Q1 report, which demonstrates this continuous success. Chipotle Replicates Its Strategy, Drives Double-Digit Growth Chipotle's Q1 earnings once again delivered double-digit reve
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CMG
News
- Chipotle Mexican Grill, Inc. (NYSE: CMG) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $3,200.00 price target on the stock.MarketBeat
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- Chipotle Shareholders Approve Its Historic 50-for-1 Stock Split. Here's What Happens Next. [Yahoo! Finance]Yahoo! Finance
- If You'd Invested $10,000 in Chipotle Mexican Grill Stock 5 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]Yahoo! Finance
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 6/14/24 - Form 4
- 6/13/24 - Form 144
- 6/10/24 - Form SC
- CMG's page on the SEC website