Daily Progress: Chipotle Mexican Grill (CMG) Drop -2.78, Closing at 52.47

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Chipotle Mexican Grill (NYSE: CMG) closed at $52.47 down -2.78% from its previous closing price of $53.97. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 21.25 million shares were traded. CMG stock price reached its highest trading level at $53.7 during the session, while it also had its lowest trading level at $52.05.

Ratios:

For a deeper understanding of Chipotle Mexican Grill’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.08.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on August 14, 2024, Upgraded its rating to Outperform and sets its target price to $58 from $54 previously.

On July 16, 2024, Evercore ISI reiterated its Outperform rating and also upped its target price recommendation from $3600 to $72.

On June 13, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $3730.Goldman initiated its Buy rating on June 13, 2024, with a $3730 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 06 ’24 when Garner Curtis E sold 17,394 shares for $54.68 per share. The transaction valued at 951,161 led to the insider holds 358,300 shares of the business.

CURTIS E. GARNER bought 17,394 shares of CMG for $951,160 on Aug 06 ’24. On Jul 29 ’24, another insider, Garner Curtis E, who serves as the Chief Customer & Techlgy Ofcr of the company, sold 60,239 shares for $50.96 each. As a result, the insider received 3,069,563 and left with 358,300 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMG now has a Market Capitalization of 71856611328 and an Enterprise Value of 74645348352. As of this moment, Chipotle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.42, and their Forward P/E ratio for the next fiscal year is 40.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.74 while its Price-to-Book (P/B) ratio in mrq is 19.39. Its current Enterprise Value per Revenue stands at 7.0 whereas that against EBITDA is 34.855.

Stock Price History:

Over the past 52 weeks, CMG has reached a high of $69.26, while it has fallen to a 52-week low of $35.37. The 50-Day Moving Average of the stock is -9.99%, while the 200-Day Moving Average is calculated to be -2.30%.

Shares Statistics:

For the past three months, CMG has traded an average of 19.97M shares per day and 26456440 over the past ten days. A total of 1.37B shares are outstanding, with a floating share count of 1.36B. Insiders hold about 0.67% of the company’s shares, while institutions hold 89.20% stake in the company. Shares short for CMG as of 1722384000 were 35148620 with a Short Ratio of 1.76, compared to 1719532800 on 37661126. Therefore, it implies a Short% of Shares Outstanding of 35148620 and a Short% of Float of 2.5799999000000002.

Most Popular