Chipotle Mexican Grill, Inc. (NYSE:CMG – Get Free Report) Director Robin S. Hickenlooper sold 1,790 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $56.38, for a total value of $100,920.20. Following the sale, the director now directly owns 41,510 shares of the company’s stock, valued at approximately $2,340,333.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Chipotle Mexican Grill Price Performance
Shares of CMG opened at $56.12 on Friday. The company has a 50-day simple moving average of $54.30 and a two-hundred day simple moving average of $80.70. The firm has a market capitalization of $76.85 billion, a PE ratio of 59.88, a price-to-earnings-growth ratio of 2.33 and a beta of 1.25. Chipotle Mexican Grill, Inc. has a one year low of $35.37 and a one year high of $69.26.
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its earnings results on Wednesday, July 24th. The restaurant operator reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. The company had revenue of $2.97 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Chipotle Mexican Grill had a return on equity of 44.01% and a net margin of 13.23%. The firm’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter last year, the business posted $12.65 EPS. Analysts expect that Chipotle Mexican Grill, Inc. will post 1.08 EPS for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Report on Chipotle Mexican Grill
Institutional Trading of Chipotle Mexican Grill
Hedge funds have recently modified their holdings of the business. Steph & Co. bought a new position in shares of Chipotle Mexican Grill in the 1st quarter worth about $29,000. Semmax Financial Advisors Inc. grew its holdings in Chipotle Mexican Grill by 225.0% in the first quarter. Semmax Financial Advisors Inc. now owns 13 shares of the restaurant operator’s stock worth $42,000 after purchasing an additional 9 shares during the period. Crewe Advisors LLC bought a new position in shares of Chipotle Mexican Grill during the first quarter valued at approximately $44,000. ICA Group Wealth Management LLC purchased a new position in shares of Chipotle Mexican Grill during the fourth quarter valued at approximately $37,000. Finally, Westside Investment Management Inc. bought a new stake in shares of Chipotle Mexican Grill in the 1st quarter worth approximately $58,000. Institutional investors own 91.31% of the company’s stock.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.
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