Why is Chipotle stock so high?
The stock of Chipotle is high because this company has produced worth or value for its shareholders. This worth has been translated by the company to an elevated cap, resulting in a higher share price. This company’s stock is high because the Chipotle brand only has 27.89 million shares, which gives it a higher share price because of its apparent exclusivity.
Should I buy Chipotle stock?
- What would cause people to stop going to Chipotle?
- Are there long-term downsides to Chipotlanes?
- Can Chipotle maintain its quality as it grows and opens more restaurants?
- Does Chipotle have to find a balance between digital and in-person orders?
- Will rising menu prices turn away customers?
Is it too late to buy Chipotle stock?
While the shares have done well, Regan said Chipotle is still in a recovery phase, so it isn’t too much of a stretch to think that still more upside can exist. The chain continues to open stores and increase sales at those already operating. Valuation has been one of the biggest knocks against the stock throughout its rally.
What was the lowest Chipotle stock was?
Chipotle Mexican Grill (NYSE:CMG)‘s stock had its “outperform” rating ... Chipotle Mexican Grill has a 52 week low of $1,256.27 and a 52 week high of $1,958.55. The firm has a 50-day moving ...
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Does Chipotle stock pay dividends?
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.
How much was Chipotle stock when it went public?
$22.00Chipotle Mexican Grill is registered under the ticker NYSE:CMG . Their stock opened with $22.00 in its Jan 26, 2006 IPO.
How much does Chipotle pay in dividends?
Is CHIPOTLE MEXICAN GRILL's dividend stable? CHIPOTLE MEXICAN GRILL (NYSE: CMG) does not pay a dividend.
Who owns most of Chipotle stock?
Top 10 Owners of Chipotle Mexican Grill IncStockholderStakeShares ownedT. Rowe Price Associates, Inc. (I...9.86%2,761,704The Vanguard Group, Inc.8.49%2,379,400BlackRock Fund Advisors4.82%1,349,879Edgewood Management LLC4.51%1,262,1986 more rows
Is Chipotle stock a buy?
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.
Why is Chipotle stock price so high?
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.
Which stock has the highest dividend?
Dividend stocks can be a great choice for investors looking for regular income....25 high-dividend stocks.SymbolCompany NameDividend YieldMOAltria Group Inc.6.66%OKEONEOK Inc.5.68%UVVUniversal Corp.4.96%LAMRLamar Advertising Co4.90%21 more rows
When did Chipotle stock split?
A high stock price Chipotle is in the same neighborhood at 257%. At $1,600, Chipotle shares have also reached a point where one share costs a sizable chunk of change. And management has never split the stock.
What is the dividend for Amazon stock?
Amazon (NASDAQ: AMZN) does not pay a dividend.
How much of Chipotle is owned by McDonald's?
90%While the Golden Arches initially took only a minority stake, by the time Chipotle went public in 2006, McDonald's owned more than 90% of the company. McDonald's no longer owns any shares of Chipotle (something it must also now regret), but the impact on Ells' ownership stake was permanent.
Can you buy a Chipotle franchise?
As of today, all Chipotle Mexican Grill restaurants are company-owned and the company doesn't offer franchising at this time.
How many shares of Chipotle stock are there?
Share StatisticsAvg Vol (3 month) 3270.87kShares Outstanding 528.14MImplied Shares Outstanding 6N/AFloat 827.76M% Held by Insiders 10.65%7 more rows
Is Chipotle Mexican Grill stock a Buy, Sell or Hold?
Chipotle Mexican Grill stock has received a consensus rating of buy. The average rating score is and is based on 62 buy ratings, 35 hold ratings, a...
What was the 52-week low for Chipotle Mexican Grill stock?
The low in the last 52 weeks of Chipotle Mexican Grill stock was 1,234.04. According to the current price, Chipotle Mexican Grill is 106.73% away f...
What was the 52-week high for Chipotle Mexican Grill stock?
The high in the last 52 weeks of Chipotle Mexican Grill stock was 1,957.98. According to the current price, Chipotle Mexican Grill is 67.27% away f...
What are analysts forecasts for Chipotle Mexican Grill stock?
The 97 analysts offering price forecasts for Chipotle Mexican Grill have a median target of 1,712.02, with a high estimate of 2,600.00 and a low es...
About Chipotle Mexican Grill
Chipotle Mexican Grill (NYSE:CMG) Frequently Asked Questions
Chipotle Mexican Grill, Inc. engages in the development and operation of classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. It offers a focused menu of burritos, tacos, burrito bowls, and salads prepared using classic cooking methods.
News
29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chipotle Mexican Grill in the last twelve months. There are currently 6 hold ratings, 22 buy ratings and 1 strong buy rating for the stock.
About Chipotle Mexican Grill, Inc
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.2 billion over the last twelve months.
New York Stock Exchange
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.2 billion over the last twelve months.
Environmental, Social, and Governance Rating
A fast-casual restaurant chain, Chipotle Mexican Grill focuses on fresh and organic ingredients, tempting diners with gigantic burritos, salads, and more.
Business Summary
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
This restaurant innovator has been a winner for investors in the past and could very well continue its success into the future
A fast-casual restaurant chain, Chipotle Mexican Grill focuses on fresh and organic ingredients, tempting diners with gigantic burritos, salads, and more.
Digital push
Chipotle Mexican Grill ( CMG -0.13% ) has made investors rich over the years by pioneering the fast-casual restaurant concept using one of the world's most popular cuisines. The stock has more than tripled over the past five years, trouncing the S&P 500 during the same time.
NYSE: CMG
Last year was extremely difficult for most restaurants, as state and local governments prohibited indoor dining service for some time to curb the spread of the coronavirus. Chipotle's second-quarter results reflected this -- and showed a way forward.
New restaurants
In April, the first full month of the shutdowns, Chipotle's comparable-store sales (or comps) decreased 24.4% from the same month in 2019. But this metric turned positive in June on the strength of Chipotle's digital infrastructure.
What about valuation?
Chipotle's total restaurant count is 2,710, so investors must be wondering how many more locations the company can open. Even after a disruptive year, management still believes that longer term, it can more than double its domestic store count. This would mean a total of more than 5,000 locations in the U.S.
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For any stock to make millionaires out of its owners, it must be held for a long time and needs to be selling at an attractive valuation that can provide outsized future returns. While Chipotle's current price-to-earnings ratio around 160 is certainly not cheap, the business still exhibits tremendous growth potential.