Chipotle Mexican Grill (CMG) Getting Somewhat Positive News Coverage, Report Finds

News coverage about Chipotle Mexican Grill (NYSE:CMG) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 45.5218660948074 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Shares of Chipotle Mexican Grill (CMG) traded up 0.80% during midday trading on Friday, hitting $313.09. The stock had a trading volume of 1,377,786 shares. The firm has a market capitalization of $8.93 billion, a PE ratio of 67.30 and a beta of 0.64. The firm’s 50-day moving average price is $320.64 and its 200-day moving average price is $409.05. Chipotle Mexican Grill has a one year low of $296.00 and a one year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, July 25th. The restaurant operator reported $2.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.16 by $0.16. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.19 billion. Chipotle Mexican Grill had a return on equity of 10.65% and a net margin of 3.17%. The company’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 earnings per share. On average, equities analysts predict that Chipotle Mexican Grill will post $7.60 EPS for the current year.

A number of analysts have recently issued reports on CMG shares. Goldman Sachs Group, Inc. (The) decreased their target price on Chipotle Mexican Grill from $440.00 to $375.00 and set a “neutral” rating for the company in a report on Tuesday, July 25th. Maxim Group reiterated a “buy” rating and set a $435.00 target price (down previously from $470.00) on shares of Chipotle Mexican Grill in a report on Wednesday, July 26th. Cowen and Company reiterated a “market perform” rating and set a $440.00 target price on shares of Chipotle Mexican Grill in a report on Friday, July 21st. Credit Suisse Group reiterated a “neutral” rating and set a $320.00 target price (down previously from $335.00) on shares of Chipotle Mexican Grill in a report on Friday, August 25th. Finally, Wells Fargo & Company reiterated an “outperform” rating and set a $470.00 target price (down previously from $530.00) on shares of Chipotle Mexican Grill in a report on Monday, June 26th. Six investment analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Chipotle Mexican Grill currently has a consensus rating of “Hold” and an average target price of $399.45.

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Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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