Chipotle Mexican Grill, Inc. (NYSE:CMG) – Oppenheimer issued their Q1 2018 earnings estimates for shares of Chipotle Mexican Grill in a research note issued on Thursday. Oppenheimer analyst B. Bittner expects that the restaurant operator will post earnings of $2.04 per share for the quarter. Oppenheimer also issued estimates for Chipotle Mexican Grill’s Q2 2018 earnings at $3.46 EPS, Q3 2018 earnings at $2.33 EPS, Q4 2018 earnings at $2.06 EPS, FY2018 earnings at $9.89 EPS and FY2019 earnings at $11.71 EPS.
Chipotle Mexican Grill (NYSE:CMG) last released its quarterly earnings data on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share for the quarter, missing the consensus estimate of $2.24 by ($0.91). Chipotle Mexican Grill had a net margin of 3.37% and a return on equity of 11.80%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the previous year, the firm earned $0.56 earnings per share. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis.
Shares of Chipotle Mexican Grill (CMG) traded up $1.75 during mid-day trading on Monday, reaching $320.22. 219,830 shares of the company’s stock were exchanged, compared to its average volume of 1,242,100. Chipotle Mexican Grill has a twelve month low of $263.00 and a twelve month high of $499.00. The stock has a market capitalization of $9,040.00, a PE ratio of 62.06, a P/E/G ratio of 1.92 and a beta of 0.50.
Several institutional investors and hedge funds have recently bought and sold shares of CMG. Carmignac Gestion boosted its position in shares of Chipotle Mexican Grill by 162.5% during the second quarter. Carmignac Gestion now owns 516,751 shares of the restaurant operator’s stock worth $215,020,000 after acquiring an additional 319,875 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Chipotle Mexican Grill by 169.1% during the second quarter. Renaissance Technologies LLC now owns 446,100 shares of the restaurant operator’s stock worth $185,622,000 after acquiring an additional 280,300 shares during the last quarter. Principal Financial Group Inc. lifted its position in Chipotle Mexican Grill by 196.5% during the third quarter. Principal Financial Group Inc. now owns 267,881 shares of the restaurant operator’s stock valued at $82,462,000 after purchasing an additional 177,530 shares during the last quarter. Check Capital Management Inc. CA bought a new position in Chipotle Mexican Grill during the third quarter valued at $54,272,000. Finally, Janus Henderson Group PLC lifted its position in Chipotle Mexican Grill by 332.5% during the third quarter. Janus Henderson Group PLC now owns 161,721 shares of the restaurant operator’s stock valued at $49,782,000 after purchasing an additional 124,330 shares during the last quarter. Institutional investors and hedge funds own 88.43% of the company’s stock.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
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