How to Buy Chipotle Mexican Grill Stock
Chipotle Mexican Grill Inc
Chipotle Mexican Grill is a restaurant company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CMG on the NYSE exchange.
Chipotle Mexican Grill stock last closed at $1,656.72, up 0.23% from the previous day, and has increased 4.17% in one year. It has overperformed other stocks in the Restaurants industry by 0.04 percentage points. Chipotle Mexican Grill stock is currently +38.49% from its 52-week low of $1,196.28, and -5.58% from its 52-week high of $1,754.56.
As of Mar 29, 2023, there are 27.62M CMG shares outstanding. The market cap of CMG is $45.76B. In the last 24 hours, 177,188 CMG shares were traded.
How to Buy Chipotle Mexican Grill Stock
Wondering how to invest in Chipotle Mexican Grill stock? Here's how.
- Figure out where to buy Chipotle Mexican Grill stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Chipotle Mexican Grill stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your info.
- Evaluate Chipotle Mexican Grill stock: The Chipotle Mexican Grill ticker symbol is CMG. Is Chipotle Mexican Grill stock a good investment? Should you buy shares of CMG? How do CMG's underlying business fundamentals look? Do top analysts think Chipotle Mexican Grill is a good buy? Why has CMG's stock price moved recently? (Hint: Our stock research website can help you decide if CMG is a good stock to buy).
- Make your CMG trade: Decide if you will purchase CMG shares at the current market price or use a limit order to purchase CMG shares at a given price.
- Watch your CMG investment: Create a watchlist to get the latest news on your investment in Chipotle Mexican Grill shares.
Step 1: Figure out where to buy Chipotle Mexican Grill stock
You will need a brokerage account to access the NYSE market and buy CMG stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you are able to invest in CMG today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal info to create your new trading account.
- Send your data by hitting the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you have created your account on apps for stock market, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Evaluate Chipotle Mexican Grill stock
After you have identified the best place to buy Chipotle Mexican Grill stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk as well as the upside.
Overview of key CMG info
Chipotle Mexican Grill Zen Score
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on CMG's stock page.
Is CMG stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge CMG's fair value.
Using relative valuations ratios:
- CMG could be overvalued based on its P/E ratio of 51.32x, relative to Restaurants industry P/E ratio of 32.07x
- CMG could be undervalued based on its P/B ratio of 19.32x, relative to Restaurants industry P/B ratio of -258.41x
- CMG may be overvalued based on its PEG ratio of 1.8x
You can access more valuation research on CMG's stock here.
CMG Financial Overview
Pros:
- There are more short-term assets than short-term liabilities on the CMG balance sheet.
- CMG earnings of $1.18B is not enough to cover its interest payments.
- CMG's operating cash flow of $1.32B allows it to safely service it's debt of $3.73B.
- CMG profit margin has gone up from 8.7% to 10.4% in the past year.
Cons:
- CMG has a relatively high debt to equity ratio of 1.93.
- Total CMG debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the CMG balance sheet.
Do analysts think it's a good time to buy Chipotle Mexican Grill stock
Out of 18 Equities analysts who give recommendations on CMG, the consensus analyst rating on CMG is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest CMG Analyst Upgrades/Downgrades
Nick Setyan, a top 19% analyst from Wedbush reiterates CMG with a buy rating and maintains their CMG price target from $2,080.00 to $2,080.00, on Mar 17, 2023.
Brian Mullan, a top 6% analyst from Deutsche Bank maintains CMG with a hold rating and lowers their CMG price target from $1,713.00 to $1,657.00, on Feb 13, 2023.
Andrew Charles, a top 22% analyst from Cowen & Co. reiterates CMG with a buy rating and maintains their CMG price target from $2,050.00 to $2,050.00, on Feb 13, 2023.
John Staszak, a bottom 47% analyst from Argus Research maintains CMG with a strong buy rating and raises their CMG price target from $1,800.00 to $1,900.00, on Feb 9, 2023.
Jake Bartlett, a top 1% analyst from Truist Securities maintains CMG with a strong buy rating and lowers their CMG price target from $1,825.00 to $1,800.00, on Feb 8, 2023.
You can dig deeper into what analysts are saying on the Chipotle Mexican Grill stock forecast page.
CMG Technicals
CMG Growth Numbers
Last year, CMG earnings were $899.10M. Over the past 5 year, CMG's earnings have grown by 39.14% per year. This was faster than the Restaurants industry average of 5.75%.
Last year, CMG revenue was $8.63B. Over the last 5 year, CMG's revenue has gone up by 14.04% per year. This was faster than the Restaurants industry average of 8.07%.
Learn more about CMG's earnings and revenue performance here.
Latest Insiders Trades at CMG
Over the past year, insiders at CMG have sold more shares than they have bought.
Brian R. Niccol, Chairman CEO of CMG, was the latest CMG insider to sell. They sold $1,523,533.67 worth of CMG shares on Mar 13, 2023.
Get more info about who owns CMG shares here.
Does CMG provide a stable income stream?
No, Chipotle Mexican Grill doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your CMG trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and eToro will place your order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your CMG investment
Now that you own some CMG stock, you'll want to stay up-to-date on your company.
Create a watchlist to get alerted to the latest events about your CMG stock.
CMG Feed
How to Buy Stock in Chipotle Mexican Grill
To reiterate, here are the 6 steps you need to take to buy Chipotle Mexican Grill stock right now:
- Figure out where to buy Chipotle Mexican Grill stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Chipotle Mexican Grill stock
- Make your CMG trade
- Watch your CMG investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Chipotle Mexican Grill, click below.
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