Key Points
- Chipotle insider Matthew Bush sold 2,675 shares at an average price of $35.75, generating approximately $95,631 and reducing his direct stake by 11.1% to 21,415 shares.
- Chipotle’s latest quarterly results modestly exceeded expectations, with adjusted EPS of $0.33 and revenue of $3.35 billion, up 9.3% year over year.
- Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $43.84, though Baird’s Neutral stance reflects concerns that higher spending may be needed to sustain slower sales growth and could pressure margins.
Chipotle Mexican Grill, Inc. (NYSE:CMG - Get Free Report) insider Matthew Bush sold 2,675 shares of the business's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $35.75, for a total value of $95,631.25. Following the completion of the sale, the insider directly owned 21,415 shares in the company, valued at approximately $765,586.25. This represents a 11.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Chipotle Mexican Grill Price Performance
Shares of NYSE:CMG opened at $38.05 on Tuesday. The business's fifty day moving average price is $33.91 and its two-hundred day moving average price is $33.95. Chipotle Mexican Grill, Inc. has a fifty-two week low of $28.03 and a fifty-two week high of $43.59. The stock has a market capitalization of $48.15 billion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 2.35 and a beta of 0.94.
Chipotle Mexican Grill (NYSE:CMG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%.The company had revenue of $3.35 billion during the quarter, compared to analysts' expectations of $3.33 billion. During the same period last year, the business earned $0.33 earnings per share. The business's revenue was up 9.3% on a year-over-year basis. Research analysts expect that Chipotle Mexican Grill, Inc. will post 1.14 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. UBS Group restated a "buy" rating on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. TD Cowen reaffirmed a "buy" rating and set a $44.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, July 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $45.00 target price on shares of Chipotle Mexican Grill in a research note on Thursday, April 30th. DA Davidson boosted their target price on Chipotle Mexican Grill from $45.00 to $50.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Finally, BNP Paribas Exane increased their price target on Chipotle Mexican Grill from $37.00 to $39.00 and gave the stock a "neutral" rating in a research report on Thursday, April 30th. Twenty-three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $43.84.
View Our Latest Research Report on Chipotle Mexican Grill
Key Headlines Impacting Chipotle Mexican Grill
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Chipotle launched another buy-one-get-one promotion tied to U.S. tennis player Taylor Fritz and the U.S. Open. The campaign follows record redemptions from the company’s back-to-school offer and could support restaurant traffic, customer engagement, and near-term sales. Chipotle Taylor Fritz promotion
- Neutral Sentiment: Chipotle’s stock advanced even after Robert W. Baird reaffirmed a Neutral rating. Baird reduced its price target to $40 from $44, still implying modest upside, reflecting a less favorable risk-reward assessment rather than an outright bearish view. Baird downgrades Chipotle
- Negative Sentiment: Baird downgraded Chipotle to Neutral as it expects the chain may need to spend considerably more to generate slower sales growth than in the past. Higher marketing, labor, or other operating investments could pressure margins and reduce the company’s valuation appeal. Chipotle downgrade and growth concerns
- Negative Sentiment: Company insider Matthew R. Bush sold 2,675 CMG shares for approximately $95,631, reducing his direct ownership by 11.1%. While a single insider sale does not establish a broader trend and may be routine, it can modestly weigh on sentiment. SEC insider trading filing
Hedge Funds Weigh In On Chipotle Mexican Grill
Institutional investors have recently modified their holdings of the stock. Revolve Wealth Partners LLC grew its stake in shares of Chipotle Mexican Grill by 4.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator's stock valued at $290,000 after purchasing an additional 214 shares during the last quarter. Groupama Asset Managment raised its position in Chipotle Mexican Grill by 1.9% in the 4th quarter. Groupama Asset Managment now owns 15,596 shares of the restaurant operator's stock worth $568,000 after purchasing an additional 291 shares during the last quarter. Catalyst Financial Partners LLC lifted its holdings in Chipotle Mexican Grill by 4.6% during the 4th quarter. Catalyst Financial Partners LLC now owns 6,763 shares of the restaurant operator's stock worth $250,000 after buying an additional 298 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in Chipotle Mexican Grill by 2.5% during the 1st quarter. Citizens Financial Group Inc. RI now owns 12,708 shares of the restaurant operator's stock worth $407,000 after buying an additional 311 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Chipotle Mexican Grill by 14.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,523 shares of the restaurant operator's stock worth $93,000 after buying an additional 316 shares in the last quarter. 91.30% of the stock is owned by institutional investors.
About Chipotle Mexican Grill
(
Get Free Report)
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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