Chipotle Mexican Grill, Inc. (NYSE:CMG) posted its earnings results on Monday. The restaurant operator reported $1.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.24 by ($0.91), Bloomberg Earnings reports. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. The business’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.56 earnings per share.

Shares of Chipotle Mexican Grill (NYSE CMG) traded up 1.20% during midday trading on Tuesday, reaching $324.30. 2,978,551 shares of the company’s stock were exchanged. Chipotle Mexican Grill has a 12 month low of $295.11 and a 12 month high of $499.00. The stock has a market cap of $9.25 billion, a PE ratio of 69.71 and a beta of 0.60. The company’s 50 day moving average is $313.21 and its 200-day moving average is $388.10.

Several analysts have commented on the stock. UBS AG decreased their target price on shares of Chipotle Mexican Grill from $460.00 to $445.00 and set a “neutral” rating for the company in a research report on Tuesday, June 27th. Royal Bank Of Canada decreased their target price on shares of Chipotle Mexican Grill from $440.00 to $330.00 and set a “sector perform” rating for the company in a research report on Friday. Maxim Group decreased their target price on shares of Chipotle Mexican Grill from $435.00 to $420.00 and set a “buy” rating for the company in a research report on Thursday, October 19th. SunTrust Banks, Inc. set a $390.00 target price on shares of Chipotle Mexican Grill and gave the stock a “buy” rating in a research report on Thursday, October 19th. Finally, Deutsche Bank AG set a $250.00 target price on shares of Chipotle Mexican Grill and gave the stock a “sell” rating in a research report on Wednesday, October 18th. Eight research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $375.66.

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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.

Earnings History for Chipotle Mexican Grill (NYSE:CMG)

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