Press coverage about Chipotle Mexican Grill (NYSE:CMG) has been trending somewhat negative on Wednesday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chipotle Mexican Grill earned a news sentiment score of -0.04 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 43.9720883906691 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
CMG has been the topic of several analyst reports. Piper Jaffray Companies set a $510.00 price objective on shares of Chipotle Mexican Grill and gave the company a “buy” rating in a report on Wednesday, October 11th. Mizuho restated a “buy” rating and issued a $450.00 price objective on shares of Chipotle Mexican Grill in a report on Saturday, September 23rd. Maxim Group restated a “buy” rating and issued a $435.00 price objective on shares of Chipotle Mexican Grill in a report on Thursday, September 21st. 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. Finally, Barclays cut their price objective on shares of Chipotle Mexican Grill from $370.00 to $325.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 18th. Six research analysts have rated the stock with a sell rating, twenty-four have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $358.45.
Chipotle Mexican Grill (CMG) traded up $7.26 on Wednesday, reaching $334.63. 979,028 shares of the company’s stock traded hands, compared to its average volume of 1,080,000. The firm has a market capitalization of $9,450.00, a price-to-earnings ratio of 64.85, a PEG ratio of 1.98 and a beta of 0.50. Chipotle Mexican Grill has a 12 month low of $263.00 and a 12 month high of $499.00.
Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, October 24th. The restaurant operator reported $1.33 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.14 billion. During the same quarter in the previous year, the business earned $0.56 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. equities research analysts expect that Chipotle Mexican Grill will post 6.58 earnings per share for the current year.
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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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