Chipotle Mexican Grill (CMG) Tops Q1 EPS by 22c; Comps Rose 10.4%
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Go back to Chipotle Mexican Grill (CMG) Tops Q1 EPS by 22c; Comps Rose 10.4%
April 22, 2015 8:43 AM EDT
Wedbush 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
April 22, 2015 6:43 AM EDT
Raymond 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
April 21, 2015 3:32 PM EDT
Chipotle Mexican Grill (NYSE: CMG) is modestly higher (+0.65%) into earnings after the close of trading today. Analysts on average are looking for EPS of $3.66 on revenues of $1.11 billion, representing growth of 39% and 23% year-over-year, respectively. On average over the past four quarter the company beats EPS by an average of 4%, although the stock... More
