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Chipotle Mexican Grill Add to portfolio

INX:CMG, Jan 18, 12:31 UTC

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Why the Rally In Chipotle Stock Is Far Too Spicy Now

CMG

Chipotle stock has risen 12 out of the last 15 days after making a low at $385 on Christmas Eve. Chipotle stock is now up an astounding 130 points, or 33%, over those 15 days. CMG now sports a P/E north of 70, a big multiple expansion over the past two years and well above the norm over the past 10 years. Corporate insiders are also thinking the stock may be due for a drop, selling nearly $56 million in Chipotle stock over the past three months.

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Wednesday, January 16


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Tuesday, January 15


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Chipotle CEO Brian Niccol says he's making the brand visible to customers again

CMG

Less than a year after taking over as CEO of Chipotle Mexican Grill , Brian Niccol has helped reshape the once beleaguered burrito chain, improving sales and fueling the company's best stock performance in five years. Niccol told investors at the ICR Conference in Orlando that he hopes he's making the brand more visible and reminding consumers why they liked Chipotle in the first place. The change has come as investors gained confidence in Niccol's ability to turn the brand around. Since joining Chipotle in March, Niccol has championed upgrades to the company's mobile app and in-restaurant technology. He's also pushed for more menu innovation, stronger marketing and bringing in new talent to staff its corporate finance, operations and digital teams. When Niccol was CEO of Taco Bell, he launched the company's mobile ordering and payment program and reached an agreement with franchisees to finance new tech initiatives, like self-serve kiosks and expanded delivery.

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Chipotle CEO: Consumer environment still strong despite the 'noise'

CMG

Despite the longest federal government shutdown in U.S. history and stock market volatility, Chipotle Mexican Grill CEO Brian Niccol is still feeling optimistic about the state of the consumer. "There's obviously a lot of noise surrounding their life but you know, jobs continue to be very healthy, gas prices continue to be low, sentiment is still very positive," Niccol told CNBC's Kate Rogers . A slowdown in the U.S. economy would mean fewer customers willing to buy burritos and pay extra for guacamole, but Niccol said he believes that there's a great deal of growth to come for the company. Investors are also optimistic about Chipotle under Niccol's leadership. Even with market volatility over the last month, the company's stock is up 11 percent in that period. But low unemployment numbers have also been squeezing Chipotle.

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Social Chatter

Chipotle Mexican Grill (INX:CMG) social chatter is higher than usual

CMG
Trump shows off the fast food spread the White House brought out for the Clemson players. There was Burger King, McDonalds, Wendy's and Dominos. No sign of Chik-Fil-A, Krispy Kreme or Chipotle. https://t.co/ZKibdeKVkt

Monday, January 14


News

Why Chipotle Stock Will Hit Fresh Highs

CMG

InvestorPlaceJanuary 14, 2019, 1:02 PM GMT. If you thought 2018 was sizzling for Chipotle Mexican Grill (NYSE:CMG) stock bulls, it was. But if you also missed out, don’t worry — CMG stock is setting up for more fresh-fast price action to come in the weeks and months ahead. Over the past couple years, that has more or less been the case with fresh-fast Mexican food chain Chipotle. As most anyone with a passing interest in the stock market knows, bearish operators and Wall Street’s analyst community were fairly relentless in grilling CMG stock bulls following the company’s well-publicized food scares, presuming the death of the Chipotle brand with consumers. But time typically heals most wounds on Wall Street. Changes to health protocols and management, as well as forgetting (or at least forgiving) investors and aggressive marketing campaigns, all but proved Chipotle is back and here to stay. And despite last year’s enviable rally, the CMG stock chart is serving up a very bullish picture strongly suggesting the best is yet to come. CMG Stock Daily Chart. If you’ve followed the whereabouts of CMG stock the past couple weeks, you’ve had to keep a close eye on shares. While the market has enjoyed a nice rally since late December, Chipotle has surged higher by just over 30% and has gotten within spitting distance of its one-year, intermediate high captured back in August.

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Sunday, January 13


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Chipotle Mexican Grill (CMG) PT Raised to $464.00 at Wells Fargo & Co – Fairfield Current

CMG WFC

Finally, KeyCorp reiterated an “overweight” rating and issued a $525.00 target price (up previously from $500.00) on shares of Chipotle Mexican Grill in a report on Tuesday, January 8th. Ten investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and fifteen have assigned a buy rating to the stock. Chipotle Mexican Grill has a 1-year low of $247.51 and a 1-year high of $530.68. Chipotle Mexican Grill had a return on equity of 17.14% and a net margin of 3.96%. As a group, equities research analysts expect that Chipotle Mexican Grill will post 8.46 earnings per share for the current fiscal year.

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Friday, January 11


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McDonald's, Restaurant Brands, Chipotle Are Morgan Stanley's Top Restaurant Picks In Challenging Year For Sector

CMG MS +1 more CMG MS QSR

McDonald's, Restaurant Brands, Chipotle Are Morgan Stanley's Top Restaurant Picks In Challenging Year For Sector. BenzingaJanuary 11, 2019, 8:32 PM GMT. As the economic expansion ages and macroeconomic fundamentals begin to deteriorate, one sector that is likely to find the going tough is the consumer discretionary sector. Analyst John Glass named Mcdonald's Corp (NYSE: MCD), Restaurant Brands International Inc (NYSE: QSR) and Chipotle Mexican Grill, Inc. (NYSE: CMG) as his top ideas in the space. Prospects of moderating economic growth, lapping benefits from tax reform and the market's reframing of restaurants in the context of a later cycle makes 2019 a more challenging year for restaurant stocks, Glass said in a Thursday note. Even amid the tough climate, fast food presents a compelling investment opportunity relative to casual dining peers due to less cyclical risk and P&L insulation from labor inflation, the analyst said.

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News

Netflix, Roku, & Chipotle in Spotlight After Wall Street's Green Week

CMG NFLX

Netflix, Roku, & Chipotle in Spotlight After Wall Street's Green Week. On today’s episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson take on this week's top market headlines, including the renewed momentum of Netflix, Roku, and Chipotle as well as a batch of mixed holiday sales results from the retail sector. Stocks posted another solid stretch of gains this week, with major indexes approaching bullish technical levels amid growing optimism about trade negotiations between the U.S. and China. Whether that optimism will last remains to be seen, but one can't help but notice that some of the investment world's most talked about stocks have been moving in the right direction again. This doesn't guarantee a direct benefit, of course, but Netflix bulls will claim it proves that management is delivering both quality and quantity for users, which should be a great thing for the future.

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Hasbro, Inc. (HAS) Forecasted to Earn FY2018 Earnings of $4.20 Per Share – Fairfield Current

HAS CMG +1 more HAS CMG KEY

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at KeyCorp decreased their FY2018 earnings per share estimates for shares of Hasbro in a report released on Wednesday, January 9th. KeyCorp also issued estimates for Hasbro’s Q4 2018 earnings at $1.67 EPS, Q1 2019 earnings at $0.25 EPS, Q2 2019 earnings at $0.59 EPS, Q3 2019 earnings at $2.33 EPS and Q4 2019 earnings at $2.03 EPS. Finally, Wells Fargo & Co dropped their price objective on Hasbro from $100.00 to $95.00 and set a “market perform” rating on the stock in a research note on Tuesday, October 23rd. Valeo Financial Advisors LLC now owns 1,283 shares of the company’s stock valued at $118,000 after acquiring an additional 600 shares in the last quarter.

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