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Chipotle Mexican Grill (NYSE: CMG) closed the day trading at $57.99 down -1.38% from the previous closing price of $58.80. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 8.53 million shares were traded. CMG stock price reached its highest trading level at $58.94 during the session, while it also had its lowest trading level at $57.865.
Ratios:
For a better understanding of CMG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.16. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 07 ’25 when Curtis E. Garner bought 47,250 shares for $58.80 per share.
Schalow Laurie sold 16,846 shares of CMG for $1,097,711 on Dec 11 ’24. The Chief Corp Affairs, Food Sft now owns 168,946 shares after completing the transaction at $65.16 per share. On Dec 10 ’24, another insider, Schalow Laurie, who serves as the Chief Corp Affairs, Food Sft of the company, sold 4,404 shares for $65.01 each. As a result, the insider received 286,285 and left with 185,792 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 79016591360 and an Enterprise Value of 82193645568. As of this moment, Chipotle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.89, and their Forward P/E ratio for the next fiscal year is 43.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.19 while its Price-to-Book (P/B) ratio in mrq is 21.88. Its current Enterprise Value per Revenue stands at 7.482 whereas that against EBITDA is 36.798.
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 -4.65%, while the 200-Day Moving Average is calculated to be -2.06%.
Shares Statistics:
Over the past 3-months, CMG traded about 8.95M shares per day on average, while over the past 10 days, CMG traded about 6590030 shares per day. 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 86.10% stake in the company. Shares short for CMG as of 1734048000 were 27253237 with a Short Ratio of 3.04, compared to 1731628800 on 27316019. Therefore, it implies a Short% of Shares Outstanding of 27253237 and a Short% of Float of 2.01.
