Get started
Chipotle Mexican Grill, Inc.Chipotle Mexican Grill, Inc.Chipotle Mexican Grill, Inc.

Chipotle Mexican Grill, Inc.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options

CMG trade ideas

Chipotle Mexican Grill (CMG) Soars on Stellar EarningsIn the fast-paced world of stock trading, few names evoke the kind of sizzle that Chipotle Mexican Grill (NYSE: NYSE:CMG ) does. With its recent first-quarter earnings report exceeding expectations, NYSE:CMG stock is once again on investors' radar for all the right reasons. Chipotle ( NYSE:CMG ) reported 27% surge in earnings to $13.37 per share, easily outpacing the FactSet consensus of $11.81 per share. This marks the second consecutive quarter of accelerating growth for the burrito giant, cementing its position as a formidable player in the ever-evolving restaurant industry. But it's not just the bottom line that has investors salivating; Chipotle's top-line performance was equally impressive. Sales soared nearly 14% to $2.684 billion, slightly surpassing analyst forecasts. Driving this growth was a robust 7% increase in same-restaurant sales, showcasing the enduring popularity of Chipotle's offerings among consumers. Not content with resting on its laurels, Chipotle ( NYSE:CMG ) also saw improvements in its operating margins. Operating margin expanded to 16.3% from 15.5%, with restaurant operating margins reaching 27.5%, up 190 basis points. This operational efficiency underscores Chipotle's ability to drive profitability even in challenging market conditions. Looking ahead, Chipotle ( NYSE:CMG ) remains bullish on its growth prospects, forecasting same-restaurant sales growth in the mid- to high-single digits. This optimistic outlook reflects management's confidence in the strength of Chipotle's brand and its ability to capture market share in the highly competitive restaurant landscape. Investors have wasted no time in expressing their enthusiasm for Chipotle's stellar performance. Following the earnings announcement, NYSE:CMG stock surged 3.5% to $3,028 in early Thursday trading. This uptick builds on the stock's recent momentum, with shares posting their third consecutive gain. But perhaps the most compelling development for investors is Chipotle's proposed 50-for-1 stock split, pending shareholder approval at the annual meeting on June 16. If approved, this move could make CMG stock more accessible to a broader range of investors, potentially fueling further upside in the share price. In summary, Chipotle Mexican Grill's ( NYSE:CMG ) stellar first-quarter earnings report underscores its resilience and ability to thrive in a dynamic market environment. With accelerating earnings growth, robust sales performance, and a promising outlook, NYSE:CMG stock appears poised for continued success. As investors await the outcome of the stock split vote, now could be an opportune moment to consider adding Chipotle to their portfolios for long-term growth potential.
NYSE:CMGLong
by DEXWireNews
CMG to split price SHORTCMG has announced a split. Makes sense to make shares more affordable but fractionals are widely available. CMG may be fundamentally challenged by the underpinnings of the fast food markets. that is overeating and rising prices. In the meanwhile the anti-obesity and anti- diabetes trends are pushing hard led by the bological injectable meds from LLY, NVO and others. One third of the people eat one half of the food and now an effective treatment for that addiction is becoming increasingly available. The writing is on the wall and food biz executives can read that writing. Enough said. I am going short on CMG. It's best days of growth may behind it. The company announced plans for 4000 more stores nationwide. Really? Time will tell. I vote with my wallet. My position will not be small. The predictive algo has its forecast. My education included both medicine and engineering. I understand the power of biology and mathematics. I deeply respect both.
NYSE:CMGShort
by AwesomeAvani
Chipotle Breaks Tradition with 50-for-1 Split Amid Record HighsIn a groundbreaking move reflecting its soaring market success, Chipotle Mexican Grill ( NYSE:CMG ) has announced its first-ever stock split, igniting excitement among investors and signaling a new era of accessibility for potential shareholders. The decision, approved by the company's board, comes as Chipotle's shares continue to reach unprecedented highs, with premarket trading seeing a nearly 8% surge to $3011. Chipotle's ( NYSE:CMG ) remarkable ascent to record levels over the past year underscores the unwavering demand for its signature burritos and rice bowls, particularly among its affluent customer base. Buoyed by robust earnings, the California-based chain has solidified its position as a market leader, driving its market value to a staggering $76.71 billion. The 50-for-1 stock split is a strategic move aimed at democratizing ownership of Chipotle's shares, making them more accessible to individual investors. If approved at the upcoming annual meeting, shareholders stand to receive an additional 49 shares for each share held, effectively reducing the share price to around $56 based on Tuesday's closing price. Chipotle's ( NYSE:CMG ) Chief Financial and Administrative Officer, Jack Hartung, emphasized the split's role in expanding ownership opportunities, stating it will "make our stock more accessible to employees as well as a broader range of investors." Analysts view the stock split as a savvy maneuver to enhance liquidity while maintaining the company's compelling economics. Jim Sanderson, an analyst with Northcoast Research, noted that the move should ease liquidity concerns given Chipotle's soaring share price, which ranked it as the fourth-highest-per-share value on the S&P 500 index. Despite the split, Chipotle's fundamental strengths remain intact, with its forward price-to-earnings multiple (P/E) standing at 49.72, outpacing industry peers such as Starbucks and McDonald's. This underscores investors' confidence in Chipotle's growth prospects and reinforces its status as a formidable player in the fast-food industry. Technical Outlook Chipotle ( NYSE:CMG ) is trading above the 200- day Moving Average (MA) with a Bullish Relative Strength Index (RSI) of 86 indicating strong overbought situation. As Chipotle charts new territory with its historic stock split, all eyes are on the company's continued trajectory and its ability to sustain momentum in a fiercely competitive market. With accessibility on the rise and investor enthusiasm soaring, Chipotle is poised to embark on its next chapter of growth and innovation, reaffirming its status as a beloved brand and investment powerhouse in the years to come.
NYSE:CMGLong
by DEXWireNews
CMG - it might be expensive but the value is there LONGCMG on the weekly chart has been uptrending for a year after being rangebound sideways for a year. It has seen a volume spike and corresponding price action with the current earnings beat Price rose 60% in the past year and 16% YTD. This is not linear and nor is it parabolic. The MACD supports the bullish momentum observation in the price action while the RS indicator shows good strength in both shorter and longer time frames. This is a blue chip megacap for sure. While it is not technology like the MAg7, the food business is lucrative. the CEO in the earnings call announced plans to expand to 7000 stores nationally. This is ambitious. Those who are ambitious investors or traders and are well funded could consider adding some shares or even a few options of CMG. I am going with a few options OTM at $3000 six months out. I believe that I will be well rewarded for the risk taken especially given the expansion plans and the historical track record here.
NYSE:CMGLong
by AwesomeAvani
Is CMG ready for a PULLBACK?NYSE:CMG Year to date Chipotle is on an absolute tear. As of writing this post, it is up 58% YTD totaling +$848 per share. Due to its share price, it has a low daily trading volume and wide bid-ask spread making it a more risky trade. Since 10/25/23 it has been on a straight line up after retesting the 200-day moving average. RSI is currently at 80.77 showing it is likely overbought. Currently hitting the top of a 3-month rising wedge. With all the issues in the macro, we are likely due for a significant pullback. Once the general public realizes our economy is deflating and the middle class continues to get clobbered we are likely setting up for a nasty pullback in the market. With a business model revolving around the middle class with no truly inexpensive menu items, it will be a challenge to see the continued increase in same location sales. I will be a large put buyer at the next negative divergence!
NYSE:CMGShort
by Average_Joe_Options
3 LT Trends... Keep buying $1500-1700Could we go to the moon from here? Absolutely. However, on the monthly chart we are bouncing off of what has historically been a long-term resistance level, ORANGE (with few exceptions--any trip above is short-lived). I'm not sure we're heading back to YELLOW unless something extreme happens, but this PURPLE line is looking great as the 'near-term' support level for us to re-test eventually (in 2024 or 2025). So, keep an eye out. CMG may go sideways for a while, and money can be made, but if we break $1700, it may finally be time to start nibbling away at this all-star burrito. Disclaimer: I'm a regular at Chipotle and eat a burrito at least once per week.
NYSE:CMG
by HandsomeSloth
A Spoonful of CMG looks attractive with Restaurant Sales Up 32%For the three months ending in June 2023, the average restaurant sales of $2.94M were up 7.1% from June 2022 ($2.74M) and 32.4% from the end of 2019 ($2.22M). The California-based restaurant chain is expected to report $43.38 in EPS for the current fiscal year ending in Dec 2023. The company registers $40.02 in Diluted EPS on a trailing twelve months ending in June 2023, rendering a 46.6x PE multiple. Multiplying a 46.6x PE multiple to $43.38 in EPS renders a share price of $2021.51 . Placing the 200 EMA PE multiple of 52.7x to $43.38 in EPS renders a share price of $2286.13 .
NYSE:CMG
by rohitayikkara
Can CMG recover from the post earnings drop?CMG had earnings today which were a beat but apparently less than expectations of investors and traders. On the 15-minute chart, the indicators support a reversal with a bounce on the dual time frame RS lines showing a bit of bullish divergence. Decelerating bearish momentum on the MACD with lines converging under the histogram suggests a reversal is impending. Further, the mass index indicator is in the reversal zone but not yet triggering the signal with a drop below the zone. I will take a long trade of CMG. They say trade what you know, My local CMG is always buzy and a love either food. I believe that CMG is ready to give me a big rebate on my patronage. I will take a call option expiring 8/18 striking $2100. I expect to realize a large profit having done a similar trade on CMG more than once in the past. The expected premium of $7300 will be about $700 of risk given a stop =loss but I expect a reward of 4-6 times that if not more.
NYSE:CMGLong
by AwesomeAvani
Taking a shot at the Big Dog ChipotleI have been wanting to short Chipotle for a while now but It has been in this topping pattern for a while and so I never took a position. I wanted to throw out some ideas here. So the PE ratio of Chipotle is 50... I know no one is really using PE to judge companies anymore, but 50 feels very high to me. The old rule of thumb is that a company with a PE of 50 should be expected to grow to 10x its current size within the next 10 years. This is why such inflated PE has been used for Tech stocks that can exponentially grow a platform and users. Chipotle has a tough competition and it does not seem to be as unique as back when its only competition was Subway. The first mover advantage of Chipotle has faded and its uniqueness has started to be questioned. Honestly from a social perspective Chipotle is almost at the point where it could be called the Panda Express of Mexican food. This feels like a "Blow-off" top that benefited heavily from the Chipotle App during Covid (Being able to pick up your food by ordering online was a huge boost and great idea) But the app and curbside pickup is now a mainstay of many restaurant chains. I also look at what the insiders are doing, the CEO is selling stock and the Chief Restaurant Officer has been selling. The majority of insiders (90%) are bearish. I love taking shots at the big dogs that go unquestioned, so I am taking one at Chipotle. I say the price is going to 800s within the next 2 years. Yup Chipotle will lose 30-50% of its value in 2 years. Watch for a break of the white line around 1400, as soon as that support acts as resistance and we fail to break back up that would be where I enter my position. Just my humble opinion.
NYSE:CMGShort
by MikeSpy
CMG Weekly H&S Forming Into +GEX Level - weekly is forming right shoulder in distribution cycle right at 1600 psych + positive gamma level - consistent with /ES local top of 4060 (or 4200 on impulse wave) - invalidated if break above 1630s - high risk counter trend trade against current market conditions & positive gamma ratios - BTO Feb 1400p @ 10.85 - IV on puts is cheap + upcoming ER should elevate Feb premiums - gamma conditions for this week and next week's expiry outlined below Ticker: NYSE:CMG Exp. Dates. Greater Than: 2023-01-27 Total_OI:= 39443.00 COTMC:= 1694.77 CITMP:= 1634.34 COI:= 1600.00 plus_GEX:= 1600.00 Spot_Price:= 1596.86 COTMP:= 1571.13 Pos_Trans:= 1535.00 ZeroGEX:= 1505.00 CITMC:= 1493.08 SMA50:= 1488.47 EMA21:= 1487.95 Neg_Trans:= 1440.00 POI:= 1400.00 minus_GEX:= 1400.00 GEX_Ratio:= 1.63 Ticker: NYSE:CMG Exp. Dates. Greater Than: 2023-02-03 Total_OI:= 35202.00 COTMC:= 1694.77 CITMP:= 1634.34 COI:= 1600.00 plus_GEX:= 1600.00 Spot_Price:= 1596.86 Pos_Trans:= 1575.00 COTMP:= 1571.13 ZeroGEX:= 1505.00 CITMC:= 1493.08 SMA50:= 1488.47 EMA21:= 1487.95 Neg_Trans:= 1440.00 POI:= 1400.00 minus_GEX:= 1400.00 GEX_Ratio:= 1.49
NYSE:CMGShort
by soulunveiled