Headlines about Chipotle Mexican Grill (NYSE:CMG) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chipotle Mexican Grill earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 46.2950030352519 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Today’s Research Reports on Stocks to Watch: Shake Shack and Chipotle (finance.yahoo.com)
- How Shake Shack’s Valuation Compares with Peers (finance.yahoo.com)
- Chipotle Mexican Grill, Inc. Stock Is Rebounding with Tons of Room to Run (investorplace.com)
- Chipotle Mexican Grill (CMG) Downgraded by Vetr to Sell (americanbankingnews.com)
- Bullish Two Hundred Day Moving Average Cross – CMG – Nasdaq (nasdaq.com)
Chipotle Mexican Grill stock traded up $3.93 during trading hours on Thursday, hitting $338.45. 426,950 shares of the stock traded hands, compared to its average volume of 1,273,548. Chipotle Mexican Grill has a 12-month low of $247.51 and a 12-month high of $499.00. The stock has a market cap of $8,942.43, a PE ratio of 54.22, a price-to-earnings-growth ratio of 2.21 and a beta of 0.59.
CMG has been the topic of a number of recent research reports. ValuEngine lowered shares of Chipotle Mexican Grill from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Maxim Group reissued a “buy” rating and set a $425.00 target price (up previously from $400.00) on shares of Chipotle Mexican Grill in a research note on Thursday, January 18th. Raymond James Financial raised shares of Chipotle Mexican Grill from an “underperform” rating to a “market perform” rating in a research note on Friday, January 19th. William Blair downgraded shares of Chipotle Mexican Grill from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 29th. Finally, Vetr downgraded shares of Chipotle Mexican Grill from a “strong-buy” rating to a “buy” rating and set a $326.43 price target for the company. in a research note on Tuesday, February 20th. Nine research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $338.71.
In other Chipotle Mexican Grill news, Director Pershing Square Capital Manage purchased 420,322 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average cost of $318.14 per share, for a total transaction of $133,721,241.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Paul T. Cappuccio purchased 500 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was acquired at an average price of $290.88 per share, with a total value of $145,440.00. Following the completion of the purchase, the director now owns 766 shares in the company, valued at $222,814.08. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 423,822 shares of company stock valued at $134,819,781. Corporate insiders own 2.01% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This news story was posted by BBNS and is owned by of BBNS. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US & international trademark and copyright law. The legal version of this news story can be accessed at https://baseballnewssource.com/2018/03/22/chipotle-mexican-grill-cmg-earns-media-sentiment-rating-of-0-18/1927330.html.
About Chipotle Mexican Grill
Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.