Chipotle Mexican Grill, Inc. Announces First Quarter 2016 Results
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Chipotle Mexican Grill's (CMG) Price Target Lowered to $300 at Maxim
April 27, 2016 8:05 AM EDTMaxim Group maintained a Sell rating on Chipotle Mexican Grill (NYSE: CMG) and lowered its price target to $300.00 (from $350.00).
For an analyst ratings summary and ratings history on Chipotle Mexican Grill click... More
Chipotle Mexican Grill (CMG) Estimates, PT Lowered at UBS
April 27, 2016 7:59 AM EDTUBS analyst Keith Siegner lowered his price target on Chipotle Mexican Grill (NYSE: CMG) to $450.00 (from $460.00) following Q1 results while maintaining a Neutral rating saying the sales recovery remains challenging and consensus likely coming down again.
Siegner commented, "With 1Q EPS basically preannounced and much of 1Q's sss... More
BTIG Downgrades Chipotle Mexican Grill (CMG) to Neutral
April 27, 2016 7:24 AM EDTBTIG downgraded Chipotle Mexican Grill (NYSE: CMG) from Buy to Neutral and removed its price target. The change follows the release of Q1 results. Analyst Peter Saleh noted a slower recovery in sales and a shift in promotional strategy.
"We are... More
Chipotle (CMG) Recovery Remains 'When Not If' - Piper Jaffray
April 27, 2016 7:11 AM EDTPiper Jaffray analyst, Nicole Miller Regan, noted that Chipotle (NYSE: CMG) reported better-than-expected 1Q16 results including EPS of ($0.88) and same store sales of (29.7%). 2Q16 top-line trends in April are running approximately (26%) excluding a beneficial calendar shift due to Easter and including more difficult YoY comparisons.... More
Chipotle Mexican Grill (CMG) Tops Q1 EPS by 7c; Offers Q1 Outlook
April 26, 2016 4:31 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of ($0.88), $0.07 better than the analyst estimate of ($0.95). Revenue for the quarter came in at $834.5 million versus the consensus estimate of $880.21 million.
Comparable restaurant sales decreased 29.7%Comparable restaurant transactions decreased 21.1%Outlook
For 2016,... More
