Q3 EPS Estimate for Chipotle Mexican Grill Cut by Analyst

Chipotle Mexican Grill, Inc. (NYSE:CMGFree Report) – Analysts at Zacks Research dropped their Q3 2025 EPS estimates for shares of Chipotle Mexican Grill in a report released on Tuesday, December 10th. Zacks Research analyst H. Ray now expects that the restaurant operator will post earnings of $0.31 per share for the quarter, down from their prior estimate of $0.32. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.11 per share.

Chipotle Mexican Grill (NYSE:CMGGet Free Report) last released its earnings results on Tuesday, October 29th. The restaurant operator reported $0.27 EPS for the quarter, beating the consensus estimate of $0.25 by $0.02. The business had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.82 billion. Chipotle Mexican Grill had a net margin of 13.51% and a return on equity of 43.20%. The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.23 earnings per share.

Several other equities research analysts also recently issued reports on CMG. Evercore ISI increased their price objective on Chipotle Mexican Grill from $70.00 to $72.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Royal Bank of Canada initiated coverage on shares of Chipotle Mexican Grill in a research report on Friday, November 15th. They issued an “outperform” rating and a $70.00 price target for the company. Oppenheimer reaffirmed an “outperform” rating and set a $65.00 price objective on shares of Chipotle Mexican Grill in a research report on Monday, September 30th. Barclays increased their target price on shares of Chipotle Mexican Grill from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Finally, Truist Financial boosted their price target on shares of Chipotle Mexican Grill from $72.00 to $74.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Chipotle Mexican Grill has an average rating of “Moderate Buy” and a consensus price target of $65.71.

View Our Latest Analysis on CMG

Chipotle Mexican Grill Trading Down 2.3 %

NYSE CMG opened at $64.62 on Friday. Chipotle Mexican Grill has a 1 year low of $44.08 and a 1 year high of $69.26. The stock’s 50-day moving average price is $60.05 and its two-hundred day moving average price is $80.92. The company has a market cap of $88.05 billion, a PE ratio of 60.39, a PEG ratio of 2.64 and a beta of 1.27.

Insider Activity at Chipotle Mexican Grill

In related news, insider Curtis E. Garner sold 15,750 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $57.05, for a total transaction of $898,537.50. Following the sale, the insider now directly owns 457,764 shares in the company, valued at $26,115,436.20. This represents a 3.33 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Laurie Schalow sold 4,404 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $65.01, for a total value of $286,304.04. Following the completion of the transaction, the insider now directly owns 185,792 shares in the company, valued at approximately $12,078,337.92. This represents a 2.32 % decrease in their position. The disclosure for this sale can be found here. 1.02% of the stock is owned by insiders.

Institutional Investors Weigh In On Chipotle Mexican Grill

Several hedge funds and other institutional investors have recently made changes to their positions in CMG. American Century Companies Inc. grew its holdings in Chipotle Mexican Grill by 4,732.3% during the 2nd quarter. American Century Companies Inc. now owns 20,177,309 shares of the restaurant operator’s stock worth $1,264,109,000 after acquiring an additional 19,759,754 shares during the period. Legal & General Group Plc grew its stake in shares of Chipotle Mexican Grill by 5,209.5% during the second quarter. Legal & General Group Plc now owns 10,935,669 shares of the restaurant operator’s stock worth $685,128,000 after purchasing an additional 10,729,706 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Chipotle Mexican Grill by 5,930.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 10,310,132 shares of the restaurant operator’s stock valued at $645,930,000 after purchasing an additional 10,139,174 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Chipotle Mexican Grill by 4,816.1% in the second quarter. Bank of New York Mellon Corp now owns 8,356,173 shares of the restaurant operator’s stock valued at $523,514,000 after purchasing an additional 8,186,198 shares during the last quarter. Finally, Marshall Wace LLP lifted its stake in Chipotle Mexican Grill by 76,617.6% in the second quarter. Marshall Wace LLP now owns 5,904,952 shares of the restaurant operator’s stock valued at $369,945,000 after buying an additional 5,897,255 shares during the period. 91.31% of the stock is owned by institutional investors and hedge funds.

About Chipotle Mexican Grill

(Get Free Report)

Chipotle Mexican Grill, Inc, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. It sells food and beverages through offering burritos, burrito bowls, quesadillas, tacos, and salads. The company also provides delivery and related services its app and website. It has operations in the United States, Canada, France, Germany, and the United Kingdom.

Further Reading

Earnings History and Estimates for Chipotle Mexican Grill (NYSE:CMG)

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