Latest news with #Chipotle
Globe and Mail
14 hours ago
- Business
- Globe and Mail
Analysts Offer Insights on Consumer Cyclical Companies: Mercedes-Benz Group (OtherMBGAF), Chipotle (CMG) and Home Depot (HD)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Mercedes-Benz Group (MBGAF – Research Report), Chipotle (CMG – Research Report) and Home Depot (HD – Research Report). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Mercedes-Benz Group (MBGAF) UBS analyst Patrick Hummel maintained a Hold rating on Mercedes-Benz Group today and set a price target of EUR50.00. The company's shares closed last Monday at $58.25, close to its 52-week low of $53.76. According to Hummel is ranked #2045 out of 9680 analysts. Mercedes-Benz Group has an analyst consensus of Moderate Buy, with a price target consensus of $72.95, implying a 24.7% upside from current levels. In a report released yesterday, Bernstein also maintained a Hold rating on the stock with a EUR57.00 price target. Chipotle (CMG) In a report issued on June 26, Logan Reich from RBC Capital maintained a Buy rating on Chipotle, with a price target of $60.00. The company's shares closed last Monday at $56.15. According to Reich has 0 stars on 0-5 stars ranking scale with an average return of -8.1% and a 45.9% success rate. Reich covers the NA sector, focusing on stocks such as Restaurant Brands International, Life Time Group Holdings, and Jack In The Box. ;'> Chipotle has an analyst consensus of Moderate Buy, with a price target consensus of $57.63, which is a 4.8% upside from current levels. In a report issued on June 18, TD Cowen also maintained a Buy rating on the stock with a $57.00 price target. Home Depot (HD) In a report released yesterday, Joe Feldman from Telsey Advisory maintained a Buy rating on Home Depot, with a price target of $455.00. The company's shares closed last Monday at $366.64. According to Feldman is a 5-star analyst with an average return of 8.4% and a 54.0% success rate. Feldman covers the NA sector, focusing on stocks such as aka Brands Holding Corp, Floor & Decor Holdings, and Dick's Sporting Goods. ;'> The word on The Street in general, suggests a Strong Buy analyst consensus rating for Home Depot with a $428.30 average price target, implying a 16.0% upside from current levels. In a report issued on June 17, Citi also maintained a Buy rating on the stock with a $433.00 price target.
Yahoo
2 days ago
- Business
- Yahoo
Chipotle Mexican Grill (CMG) Outpaces Stock Market Gains: What You Should Know
In the latest close session, Chipotle Mexican Grill (CMG) was up +2% at $56.15. The stock exceeded the S&P 500, which registered a gain of 0.52% for the day. Meanwhile, the Dow experienced a rise of 0.63%, and the technology-dominated Nasdaq saw an increase of 0.48%. Shares of the Mexican food chain have appreciated by 9.92% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 2.65%, and the S&P 500's gain of 4.27%. The upcoming earnings release of Chipotle Mexican Grill will be of great interest to investors. The company's earnings report is expected on July 23, 2025. On that day, Chipotle Mexican Grill is projected to report earnings of $0.32 per share, which would represent a year-over-year decline of 5.88%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.1 billion, up 4.39% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.21 per share and revenue of $12.23 billion. These totals would mark changes of +8.04% and +8.1%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Chipotle Mexican Grill. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Chipotle Mexican Grill boasts a Zacks Rank of #3 (Hold). Looking at valuation, Chipotle Mexican Grill is presently trading at a Forward P/E ratio of 45.64. This signifies a premium in comparison to the average Forward P/E of 22.21 for its industry. It's also important to note that CMG currently trades at a PEG ratio of 2.73. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 2.54. The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 142, this industry ranks in the bottom 43% of all industries, numbering over 250. The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Stock Split Watch: Is CrowdStrike Next?
CrowdStrike shares have climbed almost 50% so far this year and recently reached a record high. The company still faces headwinds from an outage last year but has expressed confidence in its future. 10 stocks we like better than CrowdStrike › Last year was a big one for stock splits, with some of the market's most exciting companies, from Nvidia to Broadcom and Chipotle Mexican Grill, taking part. Investors always are on the lookout for these events, and they often happen after a stock has soared over several months or years. The maneuver brings down the price of each individual share, making the stock easier for more investors to buy. So when looking for the next potential stock-split company, it's a great idea to consider recent top performers. And that brings me to CrowdStrike (NASDAQ: CRWD), a stock that's soared nearly 50% this year to a record high of just over $500. Will CrowdStrike announce a split soon? Let's consider the evidence. First, though, a quick look at stock splits themselves. Splits happen when a company offers additional shares to current holders, but the value of the holders' total position remains the same. By doing this, the price of each individual share declines, but the market value of the company is left unchanged. In fact, nothing fundamental changes after a stock split. So if nothing really changes, why are stock splits viewed as positive? As mentioned, these operations, by lowering the per-share price, make it easier for more investors to get in on the stock. Certain investors don't have access to fractional shares, making it difficult for them to buy stocks once they reach certain levels -- for example, $500 or even $1,000. And others may see those levels as a psychological barrier, even if the stock isn't expensive from a valuation standpoint. A stock split won't lead to a pop in the share price the day of the operation, but over time, it could draw more investors to a particular stock. The second positive point is stock splits may be seen as a sign of confidence from a company's management. If management decides on a split, it's likely these leaders believe the company has what it takes to deliver more share-price growth over time. Now, let's consider the case of CrowdStrike. The cybersecurity giant has seen explosive growth since its initial public offering back in 2019, with revenue soaring into the billions of dollars, and the stock surging more than 1,300%. Customers have flocked to CrowdStrike's artificial intelligence (AI)-driven Falcon system, offered in modules that allow them to design a platform suited to their needs. In fact, the world became so dependent on CrowdStrike that last year a software update glitch led to an outage that brought much global activity to a standstill. The problem has weighed on earnings, with the company offering compensation packages to those affected, and CrowdStrike says these headwinds will continue through this fiscal year. Still, CrowdStrike has maintained solid relationships with customers and continues to deliver double-digit growth. In the latest quarter, revenue advanced 20% to more than $1 billion, and importantly, annual recurring revenue also climbed in the double digits, to $4.4 billion. Now, here's another key point that offers us reason to be confident about CrowdStrike: The company announced an authorization allowing it to buy back $1 billion in shares. A company that aims to buy its own shares generally is confident about its own outlook, but here, we're not limited to making assumptions, because Chief Executive Officer George Kurtz specifically said the "announced share repurchase reflects our confidence in CrowdStrike's future." Against this backdrop, will CrowdStrike announce a split? The company hasn't yet split its stock, so such a move would be a first. Though the level of $500 isn't too intimidating for a tech stock, a stock split at this point could be a wise move for CrowdStrike, since, along with the buyback plan, it would give investors another message of confidence. On top of this, a lower price point could make it easier for the stock to advance. As mentioned, a stock split opens the door to a broader pool of potential investors. Of course, it's impossible to predict with 100% accuracy what this cybersecurity giant will decide. But at today's level, CrowdStrike is ripe for a split, and it could represent a positive move for the company. Before you buy stock in CrowdStrike, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CrowdStrike wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chipotle Mexican Grill, CrowdStrike, and Nvidia. The Motley Fool recommends Broadcom and recommends the following options: short June 2025 $55 calls on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Stock Split Watch: Is CrowdStrike Next? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
2 days ago
- Business
- Forbes
Chipotle Mexican Grill Crosses Above Key Moving Average Level
In trading on Monday, shares of Chipotle Mexican Grill crossed above their 200 day moving average of $55.38, changing hands as high as $55.91 per share. Chipotle Mexican Grill shares are currently trading up about 1.2% on the day. 10 Stocks Crossing Above Their 200 Day Moving Average » The chart below shows the one year performance of CMG shares, versus its 200 day moving average: CMG Looking at the chart above, CMG's low point in its 52 week range is $44.46 per share, with $66.74 as the 52 week high point — that compares with a last trade of $55.66. The CMG DMA information above was sourced from
CNET
2 days ago
- Business
- CNET
Summer of DashPass Is Back at DoorDash With Sizzling Hot Savings
Summer is here and DoorDash is ready to help you make the most of it with massive savings you can cash in on right now. The sixth-annual Summer of DashPass event kicked off June 26, launching thousands of discounts across meals, groceries, electronics, summer essentials and more, with price cuts ranging between 25% to 50% off. You'll have to be a DashPass member to qualify and unlock these exclusive benefits -- but you're not already a member, don't sweat it. You can sign up now. DoorDash is one of our favorite food delivery services of 2025, primarily because you can order everything plus food -- that means beauty products, pet supplies, alcohol and everyday essentials can be delivered right to your door through the app, along with food from restaurants nationwide. Signing up means you'll have a $0 delivery fee, lower service fees on orders over the minimum subtotal, 5% DoorDash credits back on Pickup orders and more. And during this Summer of DashPass event, you'll get access to surprise offers, limited-time deals and other great members-only exclusives. Hey, did you know? CNET Deals texts are free, easy and save you money. Here are some of the highlights you can expect during this savings extravaganza: June 26 to July 2 : Free entree with a purchase over $25 at Chipotle; $9 off a purchase over $25 at 7-Eleven; $10 off a purchase over $50 at True Food Kitchen. July 3 to July 9 : Free 10-piece McNugget meal or Big Mac meal with a purchase over $20 at McDonald's; 30% off purchases over $40 (up to $20) at Home Depot; $10 off purchases over $30 at Chopt Creative Salad Co. and celebrate National Fried Chicken Day on July 6 with buy one, get one 6-piece wings at Popeye's. July 10 to July 16 : 30% off purchases over $30 at Papa Johns; $15 off purchases over $40 at Lowes; $10 off purchases over $30 at Levain Bakery and celebrate National French Fry Day on July 11 with buy one, get one chicken fries at Burger King. July 17 to July 23 : Spend $25, get $10 at Starbucks; 35% off purchases over $25 at Wawa and CVS; $10 off purchases of $35 or more at Joe & The Juice and celebrate National Ice Cream Day on July 20 with $5 off two Ben and Jerry's pints on grocery and convenience orders. July 24 to July 30: Free crispy chicken burrito with orders over $20 at Taco Bell; 35% off (up to $30) at Best Buy; $10 off purchases over $45 at Pura Vida. Why this deal matters Most of us rely on delivery at least sometimes. Whether you're already a DashPass holder and you want to take advantage of these summertime deals or you've been considering getting DashPass for the first time, there are some great savings up for grabs that can keep more cash in your wallet, nab you some free food and add a little convenience to your day. Plus, DashPass will let you cancel anytime, so there's pretty low risk in signing up and giving it a go -- especially during this event.
