Chipotle Mexican Grill, Inc. (CMG) Stock: Here’s What’s Happening

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Chipotle Mexican Grill, Inc. (CMG) is trending up in the market today. The company, focused on the service space, is currently trading at $671.46 after a move up of 0.15% so far today. In terms of service stocks, there are a number of factors that have the potential to cause gains in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent trending headlines associated with CMG:

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Mar-22-19 12:02PM Wedbush No Longer Bearish On Chipotle, Highlights No Negative Catalysts
09:41AM Chipotle Could Heat Up Following Wedbush Upgrade
07:49AM Here are the biggest analyst calls of the day: Best Buy, Chipotle, Sherwin-Williams & more
07:33AM Chipotle’s stock edges up after Wedbush backs off from bearish stance, boosts price target 28%
Mar-21-19 03:35PM Nearly 400 Stocks, ETFs Hit New Highs; These 5 Growth Stocks Aim To Crush Dow Jones In 2019

However, any time investors are making a decision with regard to investing, prospective investors should look into far more than news, especially in the ever complex service industry. Here’s what’s happing when it comes to Chipotle Mexican Grill, Inc..

Recent Movement Out of CMG

While a single session gain, like the gain that we’re seeing from Chipotle Mexican Grill, Inc. may cause fear in some investors, a single session move by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It’s always a good idea to dig into trends just a single trading day. When it comes to CMG, here are the returns that investors have seen:

  • Weekly – Over the last 7 days, CMG has generated a price change amounting to 5.08%.
  • Past 30 Days – The monthly ROI from Chipotle Mexican Grill, Inc. works out to 11.69%.
  • Past Three Months – In the past three months, the company has generated a return that works out to 57.23%
  • Bi-Annually – Over the last six months, investors have seen a performance that equates to 36.87% from the stock.
  • Year To Date – Since the close of last year CMG has resulted in a ROI of 55.51%.
  • Full Year – Finally, in the last year, investors have seen a change amounting to 100.72% out of CMG. Over this period, the stock has traded at a high price of -1.26% and a low price of 118.22%.

Ratios Worth Paying Attention To

Digging into a few key ratios associated with a stock can provide investors a view of just how dangerous and/or potentially profitable a stock pick might be. Below are some of the key ratios to think about when looking at CMG.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the price of the stock is headed for the top. Throughout the sector, strong service stocks tend to have a lower short ratio. However, we also see quite a few short squeezes in the sector. Nonetheless, with regard to Chipotle Mexican Grill, Inc., it’s short ratio clocks in at 3.40.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure whether or not a company can pay its debts as they mature based on quick assets or current assets. come with positive quick and current ratios. As it relates to CMG, the quick and current ratios come to 1.80 and 1.80 respectively.  

Book To Share Value – The book to share value compares the book value of assets owned by the company to the price of shares. In this particular case, the book to share value ratio is 51.92.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of shares. When it comes to CMG, the cash to share value ratio is 24.34.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CMG, here’s what we’re seeing:

Institutions own 97.70% of the company. Institutional interest has moved by 3.98% over the past three months. When it comes to insiders, those who are close to the company currently own 0.20% percent of CMG shares. Institutions have seen ownership changes of an accumulative -78.30% over the last three months.

What Analysts Think About Chipotle Mexican Grill, Inc.

Although it’s never a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a good idea to use their thoughts in order to validate your own when it comes to making investment decisions in the service space. Here are the most recent moves that we have seen from analysts as it relates to CMG.

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Mar-22-19 Upgrade Wedbush Underperform → Neutral $500 → $640
Mar-21-19 Reiterated Argus Buy $670 → $770
Mar-18-19 Reiterated Piper Jaffray Overweight $661 → $725
Feb-07-19 Reiterated Telsey Advisory Group Market Perform $500 → $600
Feb-07-19 Reiterated Maxim Group Hold $510 → $540

Financial Performance

What have ween seen from CMG in terms of financial results?Here’s what we’ve seen:

  • Analyst Expectations – As it stands at the moment, Wall St. analysts have expectations that the company will come up with earnings per diluted share coming to a total of 15.51, with 2.90 to be announced in the next financial report. Although this data isn’t earnings driven, because we’re talking on the topic of Wall Street analysts, Chipotle Mexican Grill, Inc. is currently graded as a 2.70 when rated on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best possible rating.
  • 5-Year Sales – In the past 5 years, Chipotle Mexican Grill, Inc. has reported a change in sales volume that works out to be 8.60%. Earnings over the past 5 years have seen movement in the amount of -10.30%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in today’s society, the company has generated a change in earnings in the amount of -42.10%. The company has also seen a change with regard to sales volume in the amount of 10.40%.

What’s The Float Looking Like?

Investors and traders tend to have an interest in the total numbers of shares both available and outstanding. As far as Chipotle Mexican Grill, Inc., there are currently 27.81M and there is a float of 27.24M. These data mean that out of the total of 27.81M shares of CMG that are out there today, 27.24M are able to be traded on the market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CMG, the short percent of the float is 8.89%.

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I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was developed by a human and human beings actually play an important role in my ability to learn. Sure, I can look through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have a teacher. If you would to help me learn something, I would love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at something? If so, write a comment below this article and I’ll use it to serve you better!

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