In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Chipotle Mexican Grill (NYSE: CMG) closed at $59.89 down -0.68% from its previous closing price of $60.30. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 5.79 million shares were traded. CMG stock price reached its highest trading level at $61.16 during the session, while it also had its lowest trading level at $59.69.
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 59.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.17.
On August 14, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $54 to $58.
Evercore ISI reiterated its Outperform rating for the stock on July 16, 2024, while the target price for the stock was revised from $3600 to $72.
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 Dec 11 ’24 when Schalow Laurie sold 16,846 shares for $65.16 per share. The transaction valued at 1,097,711 led to the insider holds 168,946 shares of the business.
Schalow Laurie sold 4,404 shares of CMG for $286,285 on Dec 10 ’24. The Chief Corp Affairs, Food Sft now owns 185,792 shares after completing the transaction at $65.01 per share. On Dec 11 ’24, another insider, LAURIE SCHALOW, who serves as the Officer of the company, bought 16,846 shares for $65.16 each.
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 81605509120 and an Enterprise Value of 84784562176. As of this moment, Chipotle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.66, and their Forward P/E ratio for the next fiscal year is 45.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.43 while its Price-to-Book (P/B) ratio in mrq is 22.60. Its current Enterprise Value per Revenue stands at 7.718 whereas that against EBITDA is 37.958.
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 $44.08. The 50-Day Moving Average of the stock is -1.58%, while the 200-Day Moving Average is calculated to be 1.19%.
Shares Statistics:
For the past three months, CMG has traded an average of 8.93M shares per day and 6786850 over the past ten days. A total of 1.36B shares are outstanding, with a floating share count of 1.35B. Insiders hold about 0.84% of the company’s shares, while institutions hold 86.03% stake in the company. Shares short for CMG as of 1734048000 were 27253237 with a Short Ratio of 3.05, compared to 1731628800 on 27316019. Therefore, it implies a Short% of Shares Outstanding of 27253237 and a Short% of Float of 2.01.