Chipotle Mexican Grill Inc (NYSE: CMG) has reported E.P.S. of $13.09 for its first fiscal quarter (ending March 31) versus $10.56 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $47.12 compared to $37.22 a year ago.
Recent Price Action
On 4/24/24, Chipotle Mexican Grill Inc (NYSE: CMG) stock rose modestly by 0.4%, closing at $2926.76. Moreover, this advance was accompanied by unusually high trading volume at 156% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -0.5% during the last week.
Current PriceTarget Research Rating
CMG’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Chipotle Mexican Grill has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Chipotle Mexican Grill has a poor Appreciation Score of 20 but a very high Power Rating of 91, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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