Chipotle Mexican Grill, Inc. (NYSE:CMG) – Analysts at Jefferies Group decreased their Q1 2018 EPS estimates for Chipotle Mexican Grill in a research note issued on Tuesday. Jefferies Group analyst A. Barish now anticipates that the restaurant operator will post earnings per share of $1.48 for the quarter, down from their prior forecast of $1.97. Jefferies Group has a “Positive” rating and a $300.00 price objective on the stock. Jefferies Group also issued estimates for Chipotle Mexican Grill’s Q3 2018 earnings at $1.51 EPS, Q4 2018 earnings at $1.33 EPS and FY2018 earnings at $6.63 EPS.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $1.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.32 by $0.02. Chipotle Mexican Grill had a net margin of 3.94% and a return on equity of 13.44%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year.
Shares of Chipotle Mexican Grill (NYSE CMG) opened at $266.01 on Friday. Chipotle Mexican Grill has a 12-month low of $263.00 and a 12-month high of $499.00. The stock has a market cap of $7,685.28, a price-to-earnings ratio of 43.18, a PEG ratio of 1.57 and a beta of 0.59.
A number of hedge funds have recently made changes to their positions in CMG. First Interstate Bank increased its holdings in shares of Chipotle Mexican Grill by 111.1% during the third quarter. First Interstate Bank now owns 475 shares of the restaurant operator’s stock valued at $146,000 after acquiring an additional 250 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its holdings in Chipotle Mexican Grill by 75.7% in the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 571 shares of the restaurant operator’s stock worth $165,000 after buying an additional 246 shares in the last quarter. Mercer Capital Advisers Inc. bought a new stake in Chipotle Mexican Grill in the 3rd quarter worth about $183,000. SeaCrest Wealth Management LLC bought a new stake in Chipotle Mexican Grill in the 4th quarter worth about $197,000. Finally, Pacer Advisors Inc. grew its stake in shares of Chipotle Mexican Grill by 43.2% during the 3rd quarter. Pacer Advisors Inc. now owns 713 shares of the restaurant operator’s stock valued at $219,000 after purchasing an additional 215 shares during the period. 88.01% of the stock is owned by institutional investors.
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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