News coverage about Chipotle Mexican Grill (NYSE:CMG) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 46.272203085955 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Chipotle Mexican Grill Becomes #212 Most Shorted S&P 500 Component, Replacing Universal Health Services (marketnewsvideo.com)
- 4 Reasons Why McDonald’s (MCD) is a Compelling Stock to Buy – Nasdaq (nasdaq.com)
- Ackman’s Chipotle, Valeant Failures Give ADP Holders Pause; NAFTA in Focus-ICYMI – TheStreet.com (thestreet.com)
- Chipotle Mexican Grill, Inc. (CMG): Breakout Coming in 2018? – Library For Smart Investors (libraryforsmartinvestors.com)
- Chipotle ‘Rebound’ Looks Undercooked (finance.yahoo.com)
Several research analysts have recently issued reports on CMG shares. Nomura reduced their price target on Chipotle Mexican Grill from $510.00 to $480.00 in a research report on Tuesday, June 20th. Mizuho restated a “buy” rating and issued a $533.00 price target on shares of Chipotle Mexican Grill in a research report on Wednesday, June 21st. BMO Capital Markets restated a “buy” rating and issued a $550.00 price target on shares of Chipotle Mexican Grill in a research report on Thursday, June 22nd. Maxim Group upgraded Chipotle Mexican Grill from a “hold” rating to a “buy” rating and raised their price target for the stock from $440.00 to $470.00 in a research report on Tuesday, July 18th. Finally, SunTrust Banks, Inc. restated a “buy” rating and issued a $505.00 price target (down from $520.00) on shares of Chipotle Mexican Grill in a research report on Wednesday, July 26th. Seven research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $392.13.
Shares of Chipotle Mexican Grill (CMG) opened at 311.49 on Thursday. The company has a market cap of $8.88 billion, a PE ratio of 66.96 and a beta of 0.60. The stock’s 50 day moving average price is $310.12 and its 200-day moving average price is $396.20. Chipotle Mexican Grill has a one year low of $295.11 and a one year high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings results on Tuesday, July 25th. The restaurant operator reported $2.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.16 by $0.16. Chipotle Mexican Grill had a net margin of 3.17% and a return on equity of 10.65%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $0.87 EPS. Chipotle Mexican Grill’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, analysts expect that Chipotle Mexican Grill will post $7.52 EPS for the current year.
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About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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