Chipotle Mexican Grill (NYSE:CMG) Stock Gets Price Target Trim from Mizuho

by · The Markets Daily

Chipotle Mexican Grill (NYSE:CMG – Free Report) had its target price decreased by Mizuho from $43.00 to $37.00 in a research report report published on Friday morning,Benzinga reports. Mizuho currently has an outperform rating on the restaurant operator’s stock.

CMG has been the subject of a number of other reports. Bank of America restated a “buy” rating and issued a $53.00 price objective (up from $50.00) on shares of Chipotle Mexican Grill in a research report on Tuesday, September 1st. Guggenheim reiterated a “neutral” rating and set a $36.00 target price (up from $35.00) on shares of Chipotle Mexican Grill in a research report on Friday, July 31st. Citigroup dropped their price target on shares of Chipotle Mexican Grill from $45.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday, October 19th. Gordon Haskett cut their price target on shares of Chipotle Mexican Grill from $42.00 to $36.00 and set a “hold” rating for the company in a report on Monday, October 19th. Finally, Weiss Ratings raised shares of Chipotle Mexican Grill from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Twenty-seven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.56.

View Our Latest Stock Report on Chipotle Mexican Grill

Chipotle Mexican Grill Stock Down 0.0%

Shares of Chipotle Mexican Grill stock opened at $27.51 on Friday. The firm has a market cap of $34.81 billion, a PE ratio of 25.24, a P/E/G ratio of 1.67 and a beta of 0.96. Chipotle Mexican Grill has a twelve month low of $27.31 and a twelve month high of $42.19. The business has a 50-day moving average price of $33.58 and a 200 day moving average price of $33.33.

Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The restaurant operator reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.01. Chipotle Mexican Grill had a return on equity of 54.65% and a net margin of 11.43%. The company had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.33 billion. During the same quarter in the prior year, the business posted $0.33 earnings per share. Chipotle Mexican Grill’s revenue for the quarter was up 9.3% on a year-over-year basis. On average, sell-side analysts expect that Chipotle Mexican Grill will post 1.14 EPS for the current year.

Insider Buying and Selling

In other Chipotle Mexican Grill news, insider Matthew R. Bush sold 2,675 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $35.75, for a total transaction of $95,631.25. Following the completion of the transaction, the insider owned 21,415 shares of the company’s stock, valued at $765,586.25. This represents a 11.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On Chipotle Mexican Grill

Several hedge funds and other institutional investors have recently made changes to their positions in CMG. BlackRock Inc. acquired a new stake in shares of Chipotle Mexican Grill in the second quarter valued at about $4,417,475,000. Bank of America Corp DE purchased a new position in shares of Chipotle Mexican Grill in the second quarter worth about $383,483,000. Legal & General Group Plc acquired a new position in Chipotle Mexican Grill during the second quarter worth about $265,887,000. Man Group plc acquired a new position in Chipotle Mexican Grill during the second quarter worth about $240,389,000. Finally, Bank of New York Mellon Corp acquired a new position in Chipotle Mexican Grill during the second quarter worth about $222,809,000. Hedge funds and other institutional investors own 91.30% of the company’s stock.

Trending Headlines about Chipotle Mexican Grill

Here are the key news stories impacting Chipotle Mexican Grill this week:

  • Positive Sentiment: Despite the recent weakness, several analysts still see significant upside. Mizuho lowered its target from $43 to $37 but retained an “outperform” rating, while Deutsche Bank maintained a “buy” rating after reducing its target from $51 to $45. Mizuho analyst rating
  • Positive Sentiment: Chipotle is relying on menu innovation, digital initiatives, loyalty programs, marketing and pricing to support sales. Its scale and historically strong profitability remain longer-term investment positives. Chipotle Q3 earnings preview
  • Neutral Sentiment: Chipotle is scheduled to report third-quarter earnings on October 28. Analysts are watching sales trends, restaurant traffic, digital performance and margins more closely than headline revenue and earnings estimates. Chipotle Q3 earnings expectations
  • Negative Sentiment: TD Cowen downgraded CMG from “buy” to “hold” and cut its price target from $44 to $32, citing weak October data and slowing sales. The analyst now questions whether Chipotle can achieve the expected fourth-quarter improvement. Why Chipotle stock is trading lower
  • Negative Sentiment: A former long-standing Chipotle bull moved to the sidelines after signs of a soft start to the fourth quarter, adding to concerns about weaker sales growth in 2027. Chipotle softening sales
  • Negative Sentiment: Rising food, labor and operating expenses threaten margins, while recent price increases could further pressure customer traffic and demand. Chipotle price hikes
  • Negative Sentiment: The combination of multiple target cuts, fresh downgrades and unusually heavy options activity is amplifying near-term volatility ahead of earnings. Chipotle stock dips

Chipotle Mexican Grill Company Profile

(Get Free Report)

Chipotle Mexican Grill, Inc (NYSE: CMG) operates a chain of fast-casual restaurants focused on Mexican-inspired food. Its menu includes burritos, burrito bowls, tacos, quesadillas and salads, with options such as chicken, steak, barbacoa, carnitas, sofritas and vegetables. The company emphasizes preparing food in its restaurants from ingredients it describes as responsibly sourced, including meats raised with attention to animal welfare and produce from selected suppliers.

Founded by Steve Ells in 1993, Chipotle opened its first restaurant in Denver, Colorado.

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