Chipotle Fourth Quarter Earnings Per Share Grows 182% to $1.55 on Revenue Increase of 7.3%

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Chipotle Mexican Grill (CMG) PT Lowered to $410 at Maxim Group

February 7, 2018 8:47 AM EST

Maxim Group lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $410.00 (from $425.00) while maintaining a Buy rating.

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Chipotle Mexican Grill (CMG) PT Lowered to $300 at Canaccord Genuity Following 4Q

February 7, 2018 8:45 AM EST

Canaccord Genuity lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $325.00) while maintaining a Hold rating following 4Q. CMG reported EPS of $1.55, above the Street of $1.35, but the result included $0.21 tax benefit from the new US tax legislation. CMG's restaurant-level margin of... More

Chipotle Mexican Grill (CMG) PT Lowered to $285 at Wedbush

February 7, 2018 6:51 AM EST

Wedbush lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $285.00 (from $310.00) while maintaining a Neutral rating.

Analyst Nick Setyan commented, "We believe current valuation appropriately reflects Chipotle's low-single-digit SSS growth trajectory, along with limited visibility into Chipotle's near- and mediumterm margin trajectory."

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Chipotle Mexican Grill (CMG) PT Lowered to $270 at Wells Fargo

February 7, 2018 6:44 AM EST

Wells Fargo lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $270.00 (from $300.00) while maintaining a Market Perform rating.

Analyst Jeff Farmer commented, "Given what we see as a new norm of mid-single-digit unit growth, low-single-digit same-store sales (SSS) and a high-teens restaurant-level margin... More

Chipotle Mexican Grill (CMG) Tops Q4 EPS by 2c

February 6, 2018 4:11 PM EST

Chipotle Mexican Grill (NYSE: CMG) reported Q4 EPS of $1.34, ex-tax benefit, 2 cents better than the analyst estimate of $1.32. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.11 billion. Comparable restaurant sales increased 0.9% for the quarter.

Diluted earnings per share was $1.55, including a benefit of $0.21 per share resulting from changes in U.S. tax law, compared to $0.55 in the fourth quarter of 2016.

During 2017, we have made considerable changes around... More