Chipotle Mexican Grill, Inc. Announces First Quarter 2015 Results
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Chipotle (CMG) Price Target Lowered to $665 at Wedbush Post Q1
April 22, 2015 8:43 AM EDTWedbush analyst Nick Setyan lowered his price target on Chipotle Mexican Grill (NYSE: CMG) to $665.00 (from $710.00) following Q1 results. The analyst notes SSS was below expectations with lower visibility into near-term comps.
"Lower visibility into near-term SSS growth trajectory to remain a concern throughout 2015, in our opinion," Setyan commented. "April comps are trending high-single digits, with pricing contributing 6.1%. As price falls off and comparisons... More
Raymond James Downgrades Chipotle Mexican Grill (CMG) to Market Perform
April 22, 2015 6:43 AM EDTRaymond James downgraded Chipotle Mexican Grill (NYSE: CMG) from Outperform to Market Perform and removed its price target (prior $775.00). Yesterday Chipotle Mexican Grill reported Q1 results.
For an analyst ratings summary and ratings history on Chipotle Mexican Grill... More
Chipotle Mexican Grill (CMG) Tops Q1 EPS by 22c; Comps Rose 10.4%
April 21, 2015 4:01 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $3.88, $0.22 better than the analyst estimate of $3.66. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.11 billion.
Comparable restaurant sales increased 10.4%
Outlook
For 2015, management expects the... More
