Chipotle Mexican Grill's Pricing Study Affirms Strong Value Proposition, Says Analyst
Chipotle Mexican Grill's Pricing Study Affirms Strong Value Proposition, Says Analyst
Raymond James analyst Brian M. Vaccaro reiterated an Outperform rating on the shares of Chipotle Mexican Grill Inc (NYSE:CMG) and raised the price target from $67 to $70.
雷蒙德·詹姆斯分析师布赖恩·M·范卡罗重申对Chipotle Mexican Grill Inc（NYSE:CMG）股票的跑赢大盘评级，并将目标价从67美元上调至70美元。
The company recently announced a 50-for-1 stock split.
该公司最近宣布了50:1的股票分割。
According to data, the company is sustaining strong comp and traffic outperformance despite contending with viral social media posts questioning its portion sizes and a softer consumer backdrop, said the analyst.
分析师称，尽管受到涉及其分量的社交媒体消息和较软的消费背景的影响，但根据数据，这家公司仍然实现了强劲的可比销售收入和客流量的超越表现。
Chipotle's expected mid-single digit percentage y/y traffic growth remains a standout in today's environment due to its strong relative value proposition, noted the analyst.
由于相对价值的强劲竞争力，Chipotle预期的中个位数的客流量同比增长仍然在今天的环境中脱颖而出，分析师指出。
The analyst notes Chipotle is well positioned to sustain positive traffic in the current environment, given continued throughput gains and improved operations.
分析师指出，Chipotle位于当前环境下保持积极客流量的良好位置，由于持续的吞吐量增长和运营改善。
Longer-term, the analyst remains bullish on potential ops/margin benefits from new equipment/ tech currently in test and the company's long-term unit growth outlook supported by best-in-class unit economics.
分析师长期看好公司通过新设备/技术以及公司长期单元增长前景的最佳单元经济支持而带来的操作/利润收益。
The analyst expects 2Q24 revenue to increase nearly 17% y/y to $2.94 billion, reflecting comps +9.0%.
分析师预计2024财年第二季度营业收入将同比增长近17%至29.4亿美元，反映了可比销售+9.0%。
The analyst's new 2024 EPS estimate of $1.10 (+22% y/y) reflects an average fully diluted share count of 1.38 billion shares.
分析师的2024年每股收益预期为1.10美元（+22% y/y），反映了1.38亿股平均全摊股份。
The analyst is modeling second-quarter store margins +125 basis points y/y to 28.7%, reflecting sales leverage and lower marketing costs.
分析师预计第二季度店面毛利率同比上升125个基点至28.7%，反映了销售杠杆和更低的营销成本。
Price Action: CMG shares are trading lower by 0.30% at $62.21 at last check Friday.
价格走势：上周五最后一次检查时，CMG股价下跌了0.30%，报62.21美元。
Photo via Shutterstock
图片来自shutterstock。