We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chipotle Mexican Grill (CMG) Gains But Lags Market: What You Should Know
Read MoreHide Full Article
Chipotle Mexican Grill (CMG - Free Report) closed at $1,748.67 in the latest trading session, marking a +0.23% move from the prior day. This change lagged the S&P 500's 0.62% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.
Coming into today, shares of the Mexican food chain had gained 2.39% in the past month. In that same time, the Retail-Wholesale sector lost 4.49%, while the S&P 500 gained 0.87%.
Investors will be hoping for strength from Chipotle Mexican Grill as it approaches its next earnings release, which is expected to be February 8, 2022. The company is expected to report EPS of $5.22, up 50% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.95 billion, up 21.58% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $25.05 per share and revenue of $7.54 billion. These totals would mark changes of +133.46% and +26%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Chipotle Mexican Grill. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% higher within the past month. Chipotle Mexican Grill is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Chipotle Mexican Grill currently has a Forward P/E ratio of 69.82. This valuation marks a premium compared to its industry's average Forward P/E of 24.17.
We can also see that CMG currently has a PEG ratio of 3.49. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants industry currently had an average PEG ratio of 2.09 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Chipotle Mexican Grill (CMG) Gains But Lags Market: What You Should Know
Chipotle Mexican Grill (CMG - Free Report) closed at $1,748.67 in the latest trading session, marking a +0.23% move from the prior day. This change lagged the S&P 500's 0.62% gain on the day. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.
Coming into today, shares of the Mexican food chain had gained 2.39% in the past month. In that same time, the Retail-Wholesale sector lost 4.49%, while the S&P 500 gained 0.87%.
Investors will be hoping for strength from Chipotle Mexican Grill as it approaches its next earnings release, which is expected to be February 8, 2022. The company is expected to report EPS of $5.22, up 50% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.95 billion, up 21.58% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $25.05 per share and revenue of $7.54 billion. These totals would mark changes of +133.46% and +26%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Chipotle Mexican Grill. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% higher within the past month. Chipotle Mexican Grill is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Chipotle Mexican Grill currently has a Forward P/E ratio of 69.82. This valuation marks a premium compared to its industry's average Forward P/E of 24.17.
We can also see that CMG currently has a PEG ratio of 3.49. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Restaurants industry currently had an average PEG ratio of 2.09 as of yesterday's close.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.