- Chipotle Mexican Grill is set to announce Q1 earnings, expecting a notable decrease in EPS despite a rise in revenue.
- Wall Street analysts provide a positive outlook with an average target price indicating significant upside potential.
- GuruFocus metrics suggest that CMG is currently undervalued, supporting a possible investment opportunity.
Chipotle Mexican Grill (CMG, Financial) is poised to release its Q1 earnings on April 23rd, post-market. Analysts are forecasting earnings per share (EPS) of $0.28, a substantial year-over-year drop of 97.9%. However, revenue is projected to reach $2.95 billion, reflecting a 9.3% increase. Notably, Chipotle has a robust track record of surpassing EPS expectations over the past two years.
Wall Street Analysts Forecast
According to predictions from 31 industry analysts, the one-year price target for Chipotle Mexican Grill Inc (CMG, Financial) averages at $63.00, with projections ranging from a high of $73.00 to a low of $46.12. These targets suggest an impressive upside potential of 33.77% from the current stock price of $47.10. To explore more detailed forecast data, visit the Chipotle Mexican Grill Inc (CMG) Forecast page.
The consensus recommendation from 36 brokerage firms assigns Chipotle Mexican Grill Inc (CMG, Financial) an average brokerage recommendation of 1.8, classifying it as "Outperform." This rating is derived from a scale of 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
Leveraging GuruFocus estimates, the projected GF Value for Chipotle Mexican Grill Inc (CMG, Financial) in one year is set at $60.66, indicating a potential upside of 28.79% from the current price of $47.1. The GF Value, a measure of the stock's fair trading value, is derived from historical trading multiples and anticipated business performance. For further insights and data, refer to the Chipotle Mexican Grill Inc (CMG) Summary page.
