Chipotle (CMG)

[winston]

not vested

Chipotle turns to Taco Bell's 'Doritos Locos' chief as new CEO

by Lisa Baertlein, Vibhuti Sharma

Despite its problems, Chipotle shares traded recently at a premium to peers: 28.8 times earnings projected over the next 12 months, versus 21.3, according to Thomson Reuters data.

Source: Reuters

https://www.reuters.com/article/us-chip ... ess%201700

[winston]

not vested

Baird turns bullish on Chipotle

Baird upgrades Chipotle (NYSE:CMG) to Outperform after having the restaurant stock set at Neutral.

The analyst team is optimistic that Chipotle will see better results under its new CEO

The price target on CMG is lifted to $400 from $315 to rep +25% upside potential.
CMG +1.96% premarket to $318.00.

Source: Seeking Alpha

https://www.investing.com/news/stock-ma ... le-1313875

[winston]

not vested

Worst Stocks to Buy: Chipotle (CMG)

There is a case to buy Chipotle Mexican Grill, Inc. (NYSE:CMG) at these levels. The impact of the company’s food safety issues is receding. A new CEO has sparked optimism, as Luke Lango argued last month. The company expects positive same-restaurant sales in 2018, and new stores will add to revenue growth.

But I’m not buying CMG, particularly with a quick and steep rebound after a disappointing Q4 earnings report in February. A new CEO can help, but his impact isn’t going to be seen in Q1.

The entire restaurant industry looks rather weak, particularly for operators like CMG as opposed to franchisors like McDonald’s Corporation (NYSE:MCD) and Yum! Brands, Inc. (NYSE:YUM).

And CMG already is pricing in quite a bit of turnaround. The stock trades at over 50x 2017 EPS and 38x 2018 consensus. Those are huge multiples for a still-struggling company in this kind of market. And after the past few quarters, I certainly wouldn’t enjoy being long CMG ahead of Q1 earnings this month.

Source: Investor Place

[winston]

not vested

Today, several firms upped price targets for Chipotle Mexican Grill (CMG) and I think they are right to do so.

Here's the deal with Chipotle. Ever since Brian Niccol became CEO in February 2018, he has brought a system of expertise to the company that had been missing with the previous management.

Like Starbucks, Chipotle suffered from incredibly spotty throughput. Niccol -- late of Yum! Brands (YUM) Taco Bell, of all places -- has pretty much solved the problems.

Of course, his stewardship has coincided with the forgetfulness of the country. We've basically stopped thinking about food borne illnesses and instead are thinking of good tasting burritos.

It didn't hurt that CFO Jack Hartung bought back a ton of stock during the bad old days. What a shrewd decision.

Source: The Street

[winston]

not vested

THIS RESTAURANT IS SURGING ON 'LESS BAD' NEWS

Today's chart shows what happens when a struggling company gets "less bad"...

Once a stock has sold off, investors can make big money from even a partial improvement. Steve calls this strategy "bad to less bad" trading.

We've seen lots of stocks get "less bad" this year, and this restaurant is one of the biggest winners...

Chipotle Mexican Grill (CMG) is a $40 billion fast-casual restaurant chain. COVID-19 precautions closed restaurants around the country, and investors fled restaurant stocks in a hurry.

But even in its roughest quarter – the months of April, May, and June – Chipotle stayed profitable... And thanks to a 216% gain in online ordering, sales slipped less than 5% to $1.4 billion.

CMG shares fell more than 50% in less than a month earlier this year... But since these March lows, they've nearly tripled to a new all-time high. Even with sales down, Chipotle's "less bad" performance brought investors piling back in...

Source: Daily Wealth

[winston]

not vested

THIS RESTAURANT CHAIN INDICATES ECONOMIC STRENGTH IN 2021

Today's chart shows us that the U.S. economy is bouncing back...

Most sectors have suffered as a result of the coronavirus. Retailers and restaurants in particular were forced to close their doors... And that hurt the U.S. economy. But as folks get used to the "new normal" and restrictions loosen in parts of the country, people are putting their money back to work. That's great news for today's company...

Chipotle Mexican Grill (CMG) is one of the world's most popular restaurant chains. It specializes in burritos, tacos, and bowls.

Back in March, Chipotle took a beating... but recent reports show that folks feel more comfortable eating out again – and they have the money to do so.

Not only were third-quarter sales up from the previous quarter, but they also rose 14% year over year to $1.6 billion.

As you can see, CMG has been on a steady uptrend since March and is now up more than 215%. It also recently hit a fresh all-time high. Not all restaurants are bouncing back... But this is one sign that the U.S. economy is in recovery...

Source" Daily Wealth

[behappyalways]

Chipotle's Stock Price More Than Quadrupled in Five Years. How Has It Kept Winning? | WSJ
https://m.youtube.com/watch?v=xuMSRx5bnDw

[behappyalways]

Chipotle Plans Fourth Price Hike In Two Years To "Offset Inflation"
https://www.zerohedge.com/markets/chipo ... -inflation

[behappyalways]

American restaurant stock Chipotle's share price has tripled in the past five years and closed at $2,797 on the 19th.
It recently announced a 1-for-50 stock split, hoping to attract more investors and increase liquidity.

美餐飲股Chipotle過去5年股價翻3倍19日收2797美元 最新宣布股票分割1拆50 盼吸引更多投資人增流通性｜非凡財經新聞｜20240320

https://m.youtube.com/watch?v=D14VgCTzSPY