Somewhat Positive Press Coverage Somewhat Unlikely to Impact Chipotle Mexican Grill (CMG) Stock Price

Media coverage about Chipotle Mexican Grill (NYSE:CMG) has been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chipotle Mexican Grill earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 44.7459092981752 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

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CMG traded down $9.64 during trading on Friday, reaching $318.07. The stock had a trading volume of 633,603 shares, compared to its average volume of 712,517. The company has a market capitalization of $8,883.70, a price-to-earnings ratio of 48.19, a price-to-earnings-growth ratio of 2.19 and a beta of 0.55. Chipotle Mexican Grill has a 1-year low of $247.51 and a 1-year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last released its earnings results on Tuesday, February 6th. The restaurant operator reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.02. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.55 earnings per share. research analysts predict that Chipotle Mexican Grill will post 8.24 earnings per share for the current fiscal year.

A number of equities analysts have commented on CMG shares. Maxim Group restated a “buy” rating and issued a $425.00 target price (up from $400.00) on shares of Chipotle Mexican Grill in a research note on Thursday, January 18th. SunTrust Banks restated a “buy” rating and issued a $340.00 target price on shares of Chipotle Mexican Grill in a research note on Wednesday, February 7th. Piper Jaffray set a $318.00 target price on Chipotle Mexican Grill and gave the company a “buy” rating in a research note on Wednesday, February 14th. Vetr downgraded Chipotle Mexican Grill from a “strong-buy” rating to a “buy” rating and set a $326.43 target price for the company. in a research note on Tuesday, February 20th. Finally, Barclays restated an “equal weight” rating and issued a $325.00 target price (up from $280.00) on shares of Chipotle Mexican Grill in a research note on Tuesday, January 16th. Nine analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and eight have given a buy rating to the stock. Chipotle Mexican Grill has a consensus rating of “Hold” and a consensus target price of $337.78.

In related news, Director Pershing Square Capital Manage purchased 420,322 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were bought at an average price of $318.14 per share, with a total value of $133,721,241.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ali Namvar purchased 3,000 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was bought at an average cost of $317.70 per share, for a total transaction of $953,100.00. The disclosure for this purchase can be found here. Insiders acquired 423,822 shares of company stock valued at $134,819,781 over the last 90 days. 2.01% of the stock is currently owned by insiders.

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About Chipotle Mexican Grill

Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants. The company was founded in 1993 and is based in Denver, Colorado.

Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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