What is William Blair’s Forecast for CMG FY2025 Earnings?

Chipotle Mexican Grill, Inc. (NYSE:CMG) – Investment analysts at William Blair lifted their FY2025 earnings per share (EPS) estimates for shares of Chipotle Mexican Grill in a report released on Tuesday, October 29th. William Blair analyst S. Zackfia now forecasts that the restaurant operator will earn $1.34 per share for the year, up from their previous forecast of $1.30. The consensus estimate for Chipotle Mexican Grill’s current full-year earnings is $1.10 per share.

Other analysts also recently issued reports about the company. The Goldman Sachs Group reduced their price objective on Chipotle Mexican Grill from $74.60 to $67.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Wells Fargo & Company boosted their target price on Chipotle Mexican Grill from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Wednesday. KeyCorp dropped their target price on Chipotle Mexican Grill from $68.00 to $66.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Stifel Nicolaus reiterated a “buy” rating and set a $70.00 target price on shares of Chipotle Mexican Grill in a research report on Wednesday, August 14th. Finally, Piper Sandler boosted their target price on Chipotle Mexican Grill from $59.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $64.47.

Chipotle Mexican Grill Stock Up 5.1 %

CMG opened at $58.59 on Friday. The business has a 50 day moving average price of $57.28 and a two-hundred day moving average price of $81.30. The company has a market cap of $80.24 billion, a PE ratio of 54.76, a P/E/G ratio of 2.41 and a beta of 1.26. Chipotle Mexican Grill has a 52 week low of $39.92 and a 52 week high of $69.26.

Chipotle Mexican Grill (NYSE:CMG) last posted its quarterly earnings data 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 firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. Chipotle Mexican Grill had a return on equity of 43.20% and a net margin of 13.51%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 EPS.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CMG. Norden Group LLC purchased a new position in shares of Chipotle Mexican Grill during the 1st quarter worth $2,163,000. First Trust Direct Indexing L.P. raised its position in shares of Chipotle Mexican Grill by 14.8% in the 1st quarter. First Trust Direct Indexing L.P. now owns 458 shares of the restaurant operator’s stock worth $1,331,000 after buying an additional 59 shares during the period. J.W. Cole Advisors Inc. purchased a new position in shares of Chipotle Mexican Grill in the 1st quarter worth $640,000. Prosperity Consulting Group LLC purchased a new position in shares of Chipotle Mexican Grill in the 1st quarter worth $203,000. Finally, Blue Trust Inc. raised its position in shares of Chipotle Mexican Grill by 72.1% in the 1st quarter. Blue Trust Inc. now owns 284 shares of the restaurant operator’s stock worth $826,000 after buying an additional 119 shares during the period. Hedge funds and other institutional investors own 91.31% of the company’s stock.

Insider Buying and Selling at Chipotle Mexican Grill

In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the sale, the insider now owns 358,300 shares in the company, valued at approximately $19,591,844. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Chipotle Mexican Grill news, insider Curtis E. Garner sold 17,394 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $54.68, for a total transaction of $951,103.92. Following the transaction, the insider now owns 358,300 shares of the company’s stock, valued at $19,591,844. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Curtis E. Garner sold 15,750 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $57.05, for a total value of $898,537.50. Following the transaction, the insider now directly owns 457,764 shares in the company, valued at approximately $26,115,436.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,684 shares of company stock worth $2,817,127. 1.02% of the stock is owned by insiders.

Chipotle Mexican Grill Company Profile

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.