Chipotle Mexican Grill (NYSE: CMG) will be reporting their first quarter on April 21st after market close. Analysts have a consensus $1,669.43 12-month price target on the company, via a total of 34 analysts, with ten analysts having strong buy ratings. 11 analysts meanwhile have buy ratings and 13 have hold ratings. The street high comes from Piper Sandler with a $2,000 price target, and the lowest target sits at $1,415.
28 analysts have revenue estimates for the first quarter. The mean between all 28 is $1.74 billion; this number has been revised upwards from $1.64 billion at the start of the year. The highest revenue estimate is $1.82 billion, while the lowest is $1.65 billion.
Onto EBITDA estimates, there are currently 24 analysts who have first-quarter EBITDA estimates. The mean is currently $245.3 million, with this number having been revised up from $229.44 million at the start of the year. Street high is $263.5 million EBITDA estimate and the lowest is $228.3 million.
Analysts estimate that quarterly earnings per share will come in at $4.87, with this number being revised up from $4.38 at the start of the year. Street high is $5.52 and the lowest estimate is $4.46 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
