Northcoast Research Upgrades Chipotle Mexican Grill (CMG) to Buy
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Pricing Uncertainty Could Limit Upside in Chipotle Mexican Grill (CMG)
April 19, 2013 7:59 AM EDTDeutsche Bank today maintained a Hold rating on Chipotle Mexican Grill (NYSE: CMG) with a price target of $345.00. Yesterday Chipotle reported Q1 results.
Commenting on news, analyst Jason West said, "CMG posted a solid beat on 1Q margins, and ests. moving higher. However,... More
Jefferies Still Underperform on Chipotle Mexican (CMG) Post Q1, Boosts Est/PT
April 19, 2013 7:58 AM EDTJefferies raised estimates and its price target on Chipotle Mexican Grill (NYSE: CMG) from $250 to $265 but maintained a Underperform rating following strong Q1 results after the close.
Analyst Andy Barish comments: "EPS $2.45 on only 1% SSS, as ~$0.30 of lower G&A/tax saves... More
Chipotle Mexican Grill (CMG) Tops Q1 EPS by 31c, Revenue Rise 13.4%
April 18, 2013 4:03 PM EDT(Updated - April 18, 2013 4:33 PM EDT)
Chipotle Mexican Grill (NYSE: CMG) reported first quarter 2013 EPS of $2.45, $0.31 better than the analyst estimate of $2.14. Revenue for the quarter rose 13.4% from last year to $726.8 million and beat the consensus estimate of $724.77 million.
Chipotle Mexican Grill noted comparable restaurant sales increased 1.0%.
Restaurant level operating margin was 26.3%, down 110 basis points. Restaurant level... More
Chipotle (CMG) Feels Market Pressure Into Q1 Results
April 18, 2013 3:00 PM EDTChipotle Mexican Grill, Inc. (NYSE: CMG) shares are lower Thursday afternoon heading into the company's Q113 results, expected out after markets close.
The Street is currently looking for EPS of $2.14 on sales of $724.3 million. Numbers compare with EPS of $1.97 and revs of $640.6... More