On Oct 30, major Wall Street analysts update their ratings for $Chipotle Mexican Grill (CMG.US)$, with price targets ranging from $65 to $72.
Morgan Stanley analyst Brian Harbour maintains with a hold rating, and maintains the target price at $65.
Citi analyst Jon Tower maintains with a buy rating, and adjusts the target price from $71 to $70.
Wells Fargo analyst Zachary Fadem maintains with a buy rating, and adjusts the target price from $66 to $67.
TD Cowen analyst Andrew Charles maintains with a buy rating, and maintains the target price at $68.
Baird analyst David Tarantino maintains with a buy rating, and adjusts the target price from $62 to $70.
Furthermore, according to the comprehensive report, the opinions of $Chipotle Mexican Grill (CMG.US)$'s main analysts recently are as follows:
Concerns surrounding Chipotle's Q3 outcomes seem to be minimal. The company's positive remarks on its momentum throughout the quarter and prospects for Q4, along with the anticipated multi-year advantages from efficiency improvements and sustained investment in technology, are expected to contribute to an uptrend in same-store sales and a reduction in long-term cost metrics over time.
Chipotle's Q4 comparable sales matched expectations, and earnings slightly exceeded them. Despite this, concerns have arisen due to the challenging comparison with Q4 and the lapping of prices without a corresponding increase, as well as the restrained growth projections for new units in 2025 compared to the long-term guidance, leading to a cautious stance among investors.
Chipotle's Q3 earnings surpassed estimates with favorable outcomes in general and administrative expenses, restaurant margins, and taxes, which balanced the somewhat weaker growth in same-store sales. Additionally, the company experienced an uptick in traffic trends during September and October. However, the moderation in pricing indicates that the slower trend in comparative store growth observed in Q3 is continuing into Q4.
The firm has increased its estimates and asserts that the fourth quarter same-store sales forecast of 5%-5.5% is attainable, with the possibility of a price hike serving as a backup plan.
Chipotle's third-quarter earnings exceeded the consensus, yet its comparable sales growth of 6% did not meet the anticipated 6.5%. Management anticipates a slight uptick in transaction growth in the fourth quarter compared to the third, with pricing projected to increase just over 1% for the current quarter.
Here are the latest investment ratings and price targets for $Chipotle Mexican Grill (CMG.US)$ from 11 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間10月30日，多家華爾街大行更新了$奇波雷墨西哥燒烤 (CMG.US)$的評級，目標價介於65美元至72美元。
摩根士丹利分析師Brian Harbour維持持有評級，維持目標價65美元。
花旗分析師Jon Tower維持買入評級，並將目標價從71美元下調至70美元。
富國集團分析師Zachary Fadem維持買入評級，並將目標價從66美元上調至67美元。
TD Cowen分析師Andrew Charles維持買入評級，維持目標價68美元。
貝雅分析師David Tarantino維持買入評級，並將目標價從62美元上調至70美元。
此外，綜合報道，$奇波雷墨西哥燒烤 (CMG.US)$近期主要分析師觀點如下：
關於Chipotle第三季度業績的擔憂似乎很少。公司對整個季度的勢頭和第四季度的前景發表了積極的言論，預期效率提升和持續投資於科技將帶來多年的優勢，有望推動同店銷售的上升以及長期成本指標的降低。
Chipotle第四季度的可比銷售達到預期，盈利略高於預期。儘管如此，由於需要與第四季度進行具有挑戰性的比較，以及未對應的價格漲幅，以及2025年新增門店增速預期相對於長期指引的限制增長預期，導致投資者持謹慎態度而產生擔憂。
Chipotle第三季度盈利超出預期，總務及行政費用、餐廳利潤率和稅收等方面都表現良好，平衡了同店銷售增長稍弱的情況。此外，公司在九月和十月期間交通流量趨勢有所上升。然而，定價中的調整表明第三季度觀察到的同店增長速度較慢的趨勢正在持續到第四季度。
公司已提高了估計，堅稱第四季度同店銷售預測的5%-5.5%是實現可能的，如果需要的話，漲價也可以作爲備用計劃。
Chipotle第三季度盈利超出共識，但其同店銷售增長6%未達到預期的6.5%。管理層預計第四季度的交易增長略有上升，定價在本季度預計將增加超過1%。
以下爲今日11位分析師對$奇波雷墨西哥燒烤 (CMG.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
