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·詹姆斯分析師布賴恩·M·範卡羅重申對Chipotle Mexican Grill Inc（NYSE:CMG）股票的跑贏大盤評級，並將目標價從67美元上調至70美元。
The company recently announced a 50-for-1 stock split.
該公司最近宣佈了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.
分析師稱，儘管受到涉及其分量的社交媒體消息和較軟的消費背景的影響，但根據數據，這家公司仍然實現了強勁的可比銷售收入和客流量的超越表現。
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.
由於相對價值的強勁競爭力，Chipotle預期的中個位數的客流量同比增長仍然在今天的環境中脫穎而出，分析師指出。
The analyst notes Chipotle is well positioned to sustain positive traffic in the current environment, given continued throughput gains and improved operations.
分析師指出，Chipotle位於當前環境下保持積極客流量的良好位置，由於持續的吞吐量增長和運營改善。
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.
分析師長期看好公司通過新設備/技術以及公司長期單元增長前景的最佳單元經濟支持而帶來的操作/利潤收益。
The analyst expects 2Q24 revenue to increase nearly 17% y/y to $2.94 billion, reflecting comps +9.0%.
分析師預計2024財年第二季度營業收入將同比增長近17%至29.4億美元，反映了可比銷售+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.
分析師的2024年每股收益預期爲1.10美元（+22% y/y），反映了1.38億股平均全攤股份。
The analyst is modeling second-quarter store margins +125 basis points y/y to 28.7%, reflecting sales leverage and lower marketing costs.
分析師預計第二季度店面毛利率同比上升125個點子至28.7%，反映了銷售槓桿和更低的營銷成本。
Price Action: CMG shares are trading lower by 0.30% at $62.21 at last check Friday.
價格走勢：上週五最後一次檢查時，CMG股價下跌了0.30%，報62.21美元。
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圖片來自shutterstock。