Back to top

Image: Bigstock

Chipotle Mexican Grill (CMG) Stock Moves -1.37%: What You Should Know

Read MoreHide Full Article

In the latest trading session, Chipotle Mexican Grill (CMG - Free Report) closed at $32.69, marking a -1.37% move from the previous day. Meanwhile, the Dow experienced a drop of 0.36%, and the technology-dominated Nasdaq saw an increase of 0.45%.

Shares of the Mexican food chain have depreciated by 12.84% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 3.54%, and the S&P 500's gain of 1.27%.

The investment community will be paying close attention to the earnings performance of Chipotle Mexican Grill in its upcoming release. The company is slated to reveal its earnings on October 28, 2026. In that report, analysts expect Chipotle Mexican Grill to post earnings of $0.29 per share. This would mark no growth from the year-ago period. Alongside, our most recent consensus estimate is anticipating revenue of $3.28 billion, indicating a 9.32% upward movement from the same quarter last year.

CMG's full-year Zacks Consensus Estimates are calling for earnings of $1.15 per share and revenue of $13 billion. These results would represent year-over-year changes of -1.71% and +8.99%, respectively.

Any recent changes to analyst estimates for Chipotle Mexican Grill should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.08% increase. Chipotle Mexican Grill is currently sporting a Zacks Rank of #3 (Hold).

Investors should also note Chipotle Mexican Grill's current valuation metrics, including its Forward P/E ratio of 28.92. This represents a premium compared to its industry average Forward P/E of 21.04.

We can additionally observe that CMG currently boasts a PEG ratio of 2.03. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Retail - Restaurants industry currently had an average PEG ratio of 1.7 as of yesterday's close.

The Retail - Restaurants industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 29% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Published in