Chipotle Mexican Grill (NYSE:CMG) Getting Somewhat Critical Press Coverage, Analysis Finds

News headlines about Chipotle Mexican Grill (NYSE:CMG) have trended somewhat negative this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a coverage optimism score of -0.01 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 43.718297957098 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s scoring:

Several research analysts have recently issued reports on the stock. Bank of America downgraded shares of Chipotle Mexican Grill from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $390.00 to $285.00 in a research note on Wednesday, October 18th. Deutsche Bank set a $250.00 price objective on shares of Chipotle Mexican Grill and gave the company a “sell” rating in a report on Wednesday, October 18th. Barclays decreased their price objective on shares of Chipotle Mexican Grill from $370.00 to $325.00 and set an “equal weight” rating for the company in a report on Wednesday, October 18th. Nomura decreased their price objective on shares of Chipotle Mexican Grill to $338.00 and set a “neutral” rating for the company in a report on Thursday, October 19th. Finally, SunTrust Banks set a $390.00 price objective on shares of Chipotle Mexican Grill and gave the company a “buy” rating in a report on Thursday, October 19th. Six investment analysts have rated the stock with a sell rating, twenty-four have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Chipotle Mexican Grill presently has a consensus rating of “Hold” and a consensus target price of $358.45.

Shares of Chipotle Mexican Grill (CMG) traded up $0.11 during midday trading on Tuesday, hitting $327.37. 706,540 shares of the stock were exchanged, compared to its average volume of 1,110,000. The stock has a market capitalization of $9,240.00, a PE ratio of 63.44, a PEG ratio of 1.98 and a beta of 0.50. Chipotle Mexican Grill has a 1 year low of $263.00 and a 1 year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last issued its earnings results on Tuesday, October 24th. The restaurant operator reported $1.33 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.24 by ($0.91). Chipotle Mexican Grill had a return on equity of 11.80% and a net margin of 3.37%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company posted $0.56 EPS. Chipotle Mexican Grill’s revenue was up 8.8% compared to the same quarter last year. analysts forecast that Chipotle Mexican Grill will post 6.58 earnings per share for the current year.

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About Chipotle Mexican Grill

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.

Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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