Zacks Research Issues Negative Estimate for CMG Earnings

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share (EPS) estimates for shares of Chipotle Mexican Grill in a report issued on Wednesday, April 2nd. Zacks Research analyst H. Ray now anticipates that the restaurant operator will earn $0.28 per share for the quarter, down from their previous forecast of $0.29. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.29 per share. Zacks Research also issued estimates for Chipotle Mexican Grill’s Q2 2025 earnings at $0.36 EPS, FY2025 earnings at $1.28 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.37 EPS, FY2026 earnings at $1.50 EPS, Q1 2027 earnings at $0.39 EPS and FY2027 earnings at $1.79 EPS.

Other equities research analysts have also issued research reports about the company. Oppenheimer boosted their price objective on Chipotle Mexican Grill from $65.00 to $69.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. reduced their price target on Chipotle Mexican Grill from $64.00 to $58.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Morgan Stanley upgraded shares of Chipotle Mexican Grill from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $65.00 to $70.00 in a research report on Monday, March 3rd. Wedbush decreased their price target on shares of Chipotle Mexican Grill from $69.00 to $64.00 and set an “outperform” rating for the company in a research report on Wednesday, February 5th. Finally, Citigroup reduced their price objective on shares of Chipotle Mexican Grill from $70.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday. Eight investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Chipotle Mexican Grill currently has a consensus rating of “Moderate Buy” and an average target price of $66.38.

Chipotle Mexican Grill Stock Performance

NYSE CMG opened at $47.29 on Friday. Chipotle Mexican Grill has a fifty-two week low of $46.78 and a fifty-two week high of $69.26. The stock has a market cap of $64.09 billion, a PE ratio of 42.59, a PEG ratio of 2.04 and a beta of 1.27. The firm’s fifty day moving average price is $53.16 and its two-hundred day moving average price is $57.34.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings results on Tuesday, February 4th. The restaurant operator reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Chipotle Mexican Grill had a net margin of 13.56% and a return on equity of 42.92%.

Hedge Funds Weigh In On Chipotle Mexican Grill

A number of institutional investors have recently modified their holdings of CMG. Tortoise Investment Management LLC raised its stake in shares of Chipotle Mexican Grill by 14.0% in the fourth quarter. Tortoise Investment Management LLC now owns 1,436 shares of the restaurant operator’s stock worth $87,000 after purchasing an additional 176 shares during the last quarter. Traynor Capital Management Inc. grew its holdings in Chipotle Mexican Grill by 2.5% during the fourth quarter. Traynor Capital Management Inc. now owns 7,522 shares of the restaurant operator’s stock worth $454,000 after buying an additional 181 shares in the last quarter. BTC Capital Management Inc. raised its position in Chipotle Mexican Grill by 1.9% in the 4th quarter. BTC Capital Management Inc. now owns 9,969 shares of the restaurant operator’s stock valued at $601,000 after buying an additional 184 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Chipotle Mexican Grill by 4.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,804 shares of the restaurant operator’s stock valued at $290,000 after acquiring an additional 214 shares in the last quarter. Finally, Confluence Wealth Services Inc. boosted its holdings in Chipotle Mexican Grill by 4.2% during the 4th quarter. Confluence Wealth Services Inc. now owns 5,391 shares of the restaurant operator’s stock worth $310,000 after acquiring an additional 218 shares during the last quarter. 91.31% of the stock is owned by institutional investors and hedge funds.

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.