Stock In Limelight: Chipotle Mexican Grill, Inc. (NYSE:CMG)


Chipotle Mexican Grill, Inc. (NYSE:CMG) has obtained a mean price target of $466.19 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $2.20 a share for the near-term quarter and $4.73 for this year. Technical View The technical analysis of Chipotle Mexican Grill, Inc. Co clearly shows that the moving average of 50-days of Chipotle Mexican Grill, Inc. (NYSE:CMG) stock is $434.54, and stock is trading -45.45 or -10.46% off from $434.54. Coming to moving average of 200-days, it is $468.59, and the stock is $-79.50 or -16.97% off from this point. The 52-week high of Chipotle Mexican Grill, Inc. (NYSE:CMG) was $758.61 while $384.77 is the low in the same period. This state Chipotle Mexican Grill, Inc. Co shares price has to travel more than $-369.52 to register a new high of 52-weeks or drop $+1.12% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Chipotle Mexican Grill, Inc. Co, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Chipotle Mexican Grill, Inc. (NYSE:CMG) ratio came in at 37.01, which was derived by dividing current price of stock by yearly earnings. Chipotle Mexican Grill, Inc. Co stock recorded a close of $389.09 in last trading session, reaching a market cap of $11.36B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Chipotle Mexican Grill, Inc. (NYSE:CMG) PEG ratio is at 6.92.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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