Chipotle stock trades for more than 60 times trailing earnings and 49 times the 2022 analyst EPS consensus of $31.64. That represents a big premium to the broader market. To be fair, Chipotle stock has nearly always traded at a premium valuation, and it has still performed very well for long-term investors.
Similarly, Why should I invest in Chipotle stock?
Along with other takeout/drive-through fast-casual restaurants, Chipotle held advantages while dealing with the COVID-19 pandemic. The company has also benefited from its investment in digital ordering, which allows for delivery as well as customer pickup through dedicated “Chipotlanes.”
Is Chipotle stock expected to go up? Stock Price Forecast
The 30 analysts offering 12-month price forecasts for Chipotle Mexican Grill Inc have a median target of 1,900.00, with a high estimate of 2,500.00 and a low estimate of 1,609.10. The median estimate represents a +23.90% increase from the last price of 1,533.52.
Thereof, Is Chipotle a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Does Chipotle stock pay dividends?
Is CHIPOTLE MEXICAN GRILL’s dividend stable? CHIPOTLE MEXICAN GRILL (NYSE: CMG) does not pay a dividend.
Is Chipotle financially stable?
As of September 30, 2021, Chipotle continues to maintain a strong financial position with $1.2 billion in cash, investments and restricted cash, and no debt. We also have access to a $500 million untapped credit facility.
How much was Chipotle stock when it went public?
Chipotle Mexican Grill is registered under the ticker NYSE:CMG . Their stock opened with $22.00 in its Jan 26, 2006 IPO.
What will Amazon stock be worth in 2025?
According to Coin Price Forecast, Amazon was predicted to rise over the next eight years. The data provider forecast that the average Amazon share price could rise to $3,283 by the end of 2022, $3,481 in 2023, $3,875 in 2024, $4,298 in 2025, $5,154 in 2026, $5,994 in 2027, $6,440 in 2028 and $6,717 in 2029.
How much is a share of Chick Fil A?
As discussed before, there is no official stock price for Chick fil A stock since the company hasn’t been listed in any exchange or traded publicly. Analysts have given an estimated price of $60 to $90 per share.
Is Apple a buy or sell?
The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Who is Chipotle’s biggest competitor?
Qdoba Mexican Eats, Moe’s Southwest Grill, Baja Fresh Mexican Grill, and Rubio’s Coastal Grill are Chipotle’s main competitors. Although it is fast-food-oriented rather than fast-casual, Taco Bell has also started to compete with Chipotle by improving the quality of its food.
Do Chipotle employees get stock?
Stock Purchase Plan
If you’ve been at Chipotle for a year or more, you can buy full or partial shares of Chipotle stock through payroll deductions, initially at a discounted price.
How much money does it take to open a Chipotle?
How much is a Chipotle Franchise? If Chipotle were a franchise, the estimate Chipotle franchise cost would range from $800,000 to $2,000,000. The variation in franchise cost would be due to leasehold improvements, square footage and what type of space.
Does Chipotle sell real chicken?
Chipotle began its journey to serve Responsibly Raised®-brand meat, from animals raised in more humane ways and without the use of antibiotics or added hormones, when it started serving pork from Niman Ranch in 1999. Today, all of the company’s meat comes from animals raised without the routine use of antibiotics.
Is Chipotle an ethical company?
Chipotle’s version of responsibly raised meat has three main requirements: Animals have received no added hormones, no antibiotics ever, and were humanely raised. BuzzFeed asked to see the full definition of the responsibly raised standards, but the company declined to share them.
Is Chipotle a mature company?
Talking about this “digital ecosystem,” Chipotle’s growth is far from a mature business in reality. It’s come a long way, quickly, however. Delivery is now live in more than 95 percent of units. Niccol said the brand continues to see a residual lift in delivery sales that last beyond any promotion.
Does McDonald’s own Chipotle?
While the Golden Arches initially took only a minority stake, by the time Chipotle went public in 2006, McDonald’s owned more than 90% of the company. McDonald’s no longer owns any shares of Chipotle (something it must also now regret), but the impact on Ells’ ownership stake was permanent.
Is Chipotle a public stock?
Chipotle went public at $22 in January 2006, and its share price doubled by the end of its first day of trading.
Is Chipotle publicly traded?
The company trades on the New York Stock Exchange under the ticker symbol CMG . Chipotle is one of the first chains of fast casual dining establishments.
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Chipotle Mexican Grill.
| Type | Public |
|---|---|
| Traded as | NYSE: CMG S&P 500 Component |
| Industry | Restaurants |
| Genre | Fast Casual |
| Founded | July 13, 1993 |
Is Apple stock Expected to Rise?
Stock Price Forecast
The 36 analysts offering 12-month price forecasts for Apple Inc have a median target of 191.50, with a high estimate of 215.00 and a low estimate of 145.00. The median estimate represents a +15.86% increase from the last price of 165.28.
What is Tesla stock prediction?
Stock Price Forecast
The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,100.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +11.68% increase from the last price of 984.98.
Is Google still a growth stock?
Google is no stranger to gargantuan growth; the stock has surged roughly 4,000% since its 2004 debut. But come July, you won’t need to pay thousands of dollars to purchase a single share. That’s when a stock split announced in the Q4 2021 earnings release goes into effect.
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