Somewhat Positive Media Coverage Somewhat Unlikely to Affect Chipotle Mexican Grill (CMG) Stock Price

Press coverage about Chipotle Mexican Grill (NYSE:CMG) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave headlines about the restaurant operator an impact score of 44.5214526644189 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

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Shares of Chipotle Mexican Grill stock traded down $6.51 during trading on Friday, hitting $331.95. The stock had a trading volume of 802,673 shares, compared to its average volume of 1,148,795. The firm has a market cap of $9,478.42, a price-to-earnings ratio of 50.30, a price-to-earnings-growth ratio of 2.34 and a beta of 0.55. Chipotle Mexican Grill has a fifty-two week low of $247.51 and a fifty-two week high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last announced its earnings results on Tuesday, February 6th. The restaurant operator reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the business posted $0.55 earnings per share. Chipotle Mexican Grill’s revenue was up 7.3% compared to the same quarter last year. equities research analysts expect that Chipotle Mexican Grill will post 8.25 EPS for the current year.

A number of research analysts recently commented on the company. SunTrust Banks restated a “buy” rating and set a $380.00 price objective (up from $340.00) on shares of Chipotle Mexican Grill in a research note on Wednesday. Royal Bank of Canada upped their price objective on Chipotle Mexican Grill to $340.00 and gave the stock a “market perform” rating in a research note on Tuesday. Zacks Investment Research upgraded Chipotle Mexican Grill from a “sell” rating to a “hold” rating in a research note on Tuesday, April 10th. Piper Jaffray set a $355.00 price objective on Chipotle Mexican Grill and gave the stock a “buy” rating in a research note on Tuesday, April 10th. Finally, Vetr downgraded Chipotle Mexican Grill from a “sell” rating to a “strong sell” rating and set a $290.00 price objective for the company. in a research note on Monday, April 9th. Eight analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $339.97.

In related news, Director Ali Namvar bought 3,000 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, February 22nd. The stock was acquired at an average cost of $317.70 per share, with a total value of $953,100.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul T. Cappuccio bought 500 shares of Chipotle Mexican Grill stock in a transaction dated Thursday, February 15th. The shares were bought at an average cost of $290.88 per share, with a total value of $145,440.00. Following the completion of the acquisition, the director now owns 766 shares of the company’s stock, valued at $222,814.08. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 423,822 shares of company stock valued at $134,819,781. 2.19% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION NOTICE: This story was first reported by Week Herald and is the property of of Week Herald. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. & international trademark and copyright laws. The original version of this story can be viewed at https://weekherald.com/2018/04/20/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-chipotle-mexican-grill-cmg-stock-price.html.

Chipotle Mexican Grill Company Profile

Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants. The company was founded in 1993 and is based in Denver, Colorado.

Insider Buying and Selling by Quarter for Chipotle Mexican Grill (NYSE:CMG)

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