chipotle stock price after q3 forecast

What will Chipotle Mexican Grill's stock price be in a year?

28 brokerages have issued 1-year price objectives for Chipotle Mexican Grill's shares. Their forecasts range from $1,600.00 to $2,600.00. On average, they expect Chipotle Mexican Grill's share price to reach $1,998.19 in the next year.

What to expect from Chipotle’s Q4 earnings?

We expect the growth to be led by Digital Sales in the fourth-quarter FY2021 results. Our forecast indicates that Chipotle’s valuation is around $1981 per share, which is 33% above the current market price of around $1489. Look at our interactive dashboard analysis on Chipotle’s earnings preview: What To Expect in Q4? for more details.

Did investors miss the opportunity to profit from Chipotle stock?

The fast-casual restaurant chain's stock price has risen to record levels, and forecasts suggest that Chipotle will not sustain its current growth rate. Such factors raise the question of whether investors have missed the opportunity to profit from Chipotle stock.

How much money does Chipotle make a year?

Chipotle Mexican Grill has a market capitalization of $38.50 billion and generates $5.98 billion in revenue each year. The restaurant operator earns $355.77 million in net income (profit) each year or $24.92 on an earnings per share basis.

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Will Chipotle stock continue to rise?

According to financial forecasts sourced from S&P Capital IQ, Chipotle's revenue growth is expected to come down from +26.1% in FY 2021 to +14.9% in FY 2022. The company's adjusted earnings per share growth is expected to normalize from +136.9% last year to +23.8% this year.

Is Chipotle stock a good buy now?

Chipotle is performing well despite higher supply-chain costs. The company's digital business is fueling improvement in its profit margin. Management still sees plenty of opportunity to open more restaurants.

How is Chipotle doing 2021?

Full year 2021 highlights, year over year: Total revenue increased 26.1% to $7.5 billion. Comparable restaurant sales increased 19.3% Digital sales grew 24.7% and accounted for 45.6% of sales. Operating margin was 10.7%, an increase from 4.8%

Is Chipotle overvalued?

Is Chipotle Stock Overvalued. If we look at CMG's P/E ratio, it does look high at 49.68x FY2022 consensus EPS estimates. However, the company is expected to post solid EPS growth over the next few years and its P/E ratio based on FY2025 consensus EPS is ~22.59.

Is Chipotle a Buy Sell or Hold?

USD 1,343 23.37 1.77% Considering the 90-day investment horizon and your highly speculative risk level, our recommendation regarding Chipotle Mexican Grill is 'Strong Hold'.

Is Chipotle a Buy or sell?

Chipotle stock trades for more than 60 times trailing earnings and 49 times the 2022 analyst EPS consensus of $31.64. That represents a big premium to the broader market. To be fair, Chipotle stock has nearly always traded at a premium valuation, and it has still performed very well for long-term investors.

What is the future of Chipotle?

And Chipotle is in a financial position to do just that, Niccol says. It had $1.2 billion of cash and investments and no debt as of Sept. 30. It generated revenue of $5.6 billion for the first nine months of 2021, an increase of nearly 28 percent from 2020.

Why is Chipotle stock so high?

Chipotle has always had a knack for growth, despite operating in a market with heavy competition. While other restaurants large and small struggled to adapt to the coronavirus lockdown, Chipotle was already in the right place at the right time to properly serve a need for sanitary food.

Is Chipotle a growing company?

Chipotle opened 78 new restaurants during the quarter and continued growing digital sales, which increased 3.8% during the quarter to account for 41.6% of sales. For the year, 215 new restaurants opened, and digital sales grew 24.7% to account for 45.6% of sales.

Why is Chipotle so profitable?

“Food with Integrity” In 2013, Chipotle instituted a no-GMO policy for its ingredients. Consumers agreed. Despite higher food costs that caused Chipotle to raise its prices in 2014, same-store sales grew by 16.8 percent, store margins rose to 27.2 percent and net income increased by 36 percent.

Who owns Chipotle?

Steve EllsAn archived webcast will be available approximately one hour after the end of the call. Steve Ells , Founder, Chairman and CEO, started Chipotle with the idea that food served fast did not have to be a typical fast food experience.

Does Chick Fil A have stock?

Chick-fil-A is a private, family-owned company and does not offer stock options to the public. If you are interested in investing in Chick-fil-A by applying to become a franchised Owner/Operator, check our franchise page to learn more about opportunities in the U.S., Canada and Puerto Rico.

Is CMG a good stock?

The financial health and growth prospects of CMG, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

Why is Chipotle stock worth so much?

Its share prices are back to the trajectory they were on pre-Covid, bucking the industry trend and leaving a spotlight on this company for better or worse.

Why is Chipotle stock doing so well?

Increased Online Sales Through online marketing, promotion, and ease of use for a customer, sales can increase and improve quite rapidly. The digital sales for Chipotle have grown tremendously since it has opened, and just recently, they took another jump of about 10% before this most recent increase in stock prices.

Does Chipotle stock pay a dividend?

Chipotle has shown the ability to grow rapidly in a variety of environments, and that has generated huge returns for shareholders over time. However, Chipotle doesn't pay a dividend to shareholders.

Stock Price Forecast

Analyst Recommendations

The 29 analysts offering 12-month price forecasts for Chipotle Mexican Grill Inc have a median target of 1,903.00, with a high estimate of 2,600.00 and a low estimate of 1,600.00. The median estimate represents a +27.65% increase from the last price of 1,490.77.

How accurate is chipotle?

The current consensus among 33 polled investment analysts is to Buy stock in Chipotle Mexican Grill Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail

What is the CMG score?

Chipotle Mexican Grill Inc has risen higher in 11 of those 15 years over the subsequent 52 week period, corresponding to a historical accuracy of 73.33 %

Will Chipotle Mexican Grill Inc Stock Go Up Next Year?

The Score for CMG is 77, which is 54% above its historic median score of 50, and infers lower risk than normal. CMG is currently trading in the 70-80% percentile range relative to its historical Stock Score levels.

CMG : Chipotle Mexican Grill stock forecast by Wall Street Analysts

Over the next 52 weeks, Chipotle Mexican Grill Inc has on average historically risen by 35.8% based on the past 16 years of stock performance.

Frequently Asked Questions about Chipotle Mexican Grill stock forecast

The average Chipotle Mexican Grill stock forecast from last 6 month is $2050.44, and this show a 8.39% increase in average from the prior price target of the each prediction. Also, this average forecast of $2050.44 represents a 16.97% increase from the past average forecast of $1752.91, 6 months ago from 32 wall street analysts.

Summary

From Chipotle Mexican Grill stock forecast , Chipotle Mexican Grill (CMG) stock cannot be a good investment choice. According to AI Pickup, the Chipotle Mexican Grill stock price forecast for 2022 Mar. is $1499.69820965051

Valuation & Technical Picture

Chipotle released its Q3 results last week, reporting record quarterly revenue of ~$1.95 billion, a 22% increase from the year-ago period.

The stock jumped after investors saw the restaurant chain's fourth-quarter and annual results

Looking at the chart above, we can see that Chipotle currently trades at nearly 6x forward revenue to enterprise value, based on an enterprise value of ~$49.2 billion, and forward revenue estimates of ~$8.3 billion.

Weighing the Q4 and 2021 results

Will Healy is a freelance financial writer who has had a lifelong interest in the stock market, along with numerous, less-useful pursuits. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. He holds a bachelor's degree from Texas A&M Univesity, and M.S.

The state of the chain

The company reported revenue of $7.5 billion for the year, a 26% increase compared to 2020. Adjusted net income surged higher by 138% to $725 million as the company limited operating expense growth to 18%.

The state of Chipotle stock

Chipotle has been one of the best-performing restaurant chains in recent years. Thanks to its established reputation for take-out orders, it was comparatively easy for the company to adapt to lockdowns when governments imposed pandemic restrictions. With only minimal closures, it was one of the few restaurant chains to increase its revenue in 2020.

Should I consider Chipotle?

Thanks to its post-earnings surge, Chipotle stock has moved into positive territory compared to where it traded a year ago. Prior to the earnings release, the stock had been down by 3% over the prior 12 months. This is noteworthy considering that Chipotle stock handily beat the S&P 500 over the previous five years.