In Friday’s Wall Street session, Chipotle Mexican Grill (NYSE:CMG) shares traded at $51.51, down -2.90% from the previous session.
CMG stock price is now -12.69% away from the 50-day moving average and -12.44% away from the 200-day moving average. The market capitalization of the company currently stands at $69.81B.
With the price target enhanced from $59 to $73, CFRA Upgraded its rating from Buy to Strong Buy for Chipotle Mexican Grill (NYSE: CMG)., while ‘Wedbush’ rates the stock as ‘Outperform’
In other news, McConnell Jamie, Chief Accountg & Admin Officer sold 11,319 shares of the company’s stock on Feb 10 ’25. The stock was sold for $664,426 at an average price of $58.70. Upon completion of the transaction, the Chief Accountg & Admin Officer now directly owns 28,064 shares in the company, valued at $1.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 07 ’25, Chief Customer & Techlgy Ofcr Garner Curtis E sold 15,750 shares of the business’s stock. A total of $902,563 was realized by selling the stock at an average price of $57.31. This leaves the insider owning 394,764 shares of the company worth $20.33 million. A total of 0.79% of the company’s stock is owned by insiders.
During the past 12 months, Chipotle Mexican Grill has had a low of $47.98 and a high of $69.26. As of last week, the company has a debt-to-equity ratio of 1.24, a current ratio of 1.52, and a quick ratio of 1.48.
The net profit margin was 13.56% and return on equity was 45.67% for CMG. The company reported revenue of $2.85 billion for the quarter, compared to $2.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.07 percent. For the current quarter, analysts expect CMG to generate $2.98B in revenue.
