Chipotle Mexican Grill, Inc. (NYSE:CMG) has a mean price target of $7.40 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.06 a share for the very next quarter and $0.24 for this year.
The technical study of Chipotle Mexican Grill, Inc. Co demonstrates that the 50-day moving average of Chipotle Mexican Grill, Inc. (NYSE:CMG) stock is $409.07, and is trading $0.25 points away or +0.06% from 50-day moving average of $409.07. It is trading $-25.45 or -5.85% away 200-day moving average of $434.77.
The 52-week high of Chipotle Mexican Grill, Inc. (NYSE:CMG) was $757.00 while $384.77 is the low mark in the same period. It state Chipotle Mexican Grill, Inc. Co share price has to surge more than $-347.68 to hit 52-week high or drop +6.38% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Chipotle Mexican Grill, Inc. Co, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Chipotle Mexican Grill, Inc. (NYSE:CMG) ratio came in at 58.97, after dividing current equity price by yearly earnings. Chipotle Mexican Grill, Inc. Co stock recorded a close of $409.32 in last trading session, registering a market cap of $11.92B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Chipotle Mexican Grill, Inc. (NYSE:CMG) PEG ratio is at -17.09.
1 Chart Pattern Every Investor Should Know
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