Chipotle Mexican Grill (CMG) recently experienced a stock price dip on mixed Q4 performance despite strong annual growth, according to the full-year earnings report. The weakness was due to a slowdown of sales and a bleak same-store sales forecast. Several analysts issued pessimistic outlooks cutting their stock price expectations on CMG, though CFRA upgraded their rating to strong-buy. Avocado price concerns have not deterred investors; Jim Cramer iterated his belief to buy on weaknesses. Several asset management firms and investment groups have increased their stakes in CMG along with some reducing their positions. The company faced also anguish from the potential impact of threatened Mexican tariffs forecasting tepid annual growth. Q4 2024 earnings call highlighted better-than-expected EPS with a revenue miss. The focus on 'generous portions,' intended to woo clients, has resulted in heightened food costs creating a subsequent dip in share value. Nonetheless, multiple reasons to invest in CMG prevail including constant traffic gains, new store figures, and a consecutive growth streak fueled by 304 new restaurants.
Chipotle Mexican Grill CMG News Analytics from Thu, 02 Jan 2025 08:00:00 GMT to Sat, 08 Feb 2025 15:03:43 GMT -
Rating -4
- Innovation -3
- Information -1
- Rumor 2
