Chipotle has been executing well lately with sales growth of 14% year over year in the first quarter -- and there's more to come.Chipotle Mexican Grill (CMG 0.21%) is a growth stock with management that is keenly focused on expanding the company's top line. There are two ways for a restaurant chain to do that, and the leadership team is focused on both of them. Here's what you need to watch at Chipotle over the next three years to make sure that the company is living up to its own plans.Chipotle has five go ...

Chipotle Mexican Grill (CMG) closed the most recent trading day at $57.55, moving -1.29% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.88% for the day. Meanwhile, the Dow experienced a rise of 0.08%, and the technology-dominated Nasdaq saw a decrease of 1.95%.Coming into today, shares of the Mexican food chain had lost 8.07% in the past month. In that same time, the Retail-Wholesale sector gained 1.55%, while the S&P 500 gained 5.11%.The upcoming earnin ...

Many investors are thinking about the stock split but others know that this is an impressive profitable growth story.Shares of burrito-centric restaurant chain Chipotle Mexican Grill (CMG 0.21%) jumped 37% in the first half of 2024, according to data provided by S&P Global Market Intelligence. The chart shows a steady increase throughout the six-month span, accentuated with two bigger single-day moves. Those larger jumps happened each time the company reported quarterly financial results.On Feb. 6, Chipotle ...

Big-name stocks that have split their shares in recent years have generally done fairly well afterward.A stock split doesn't fundamentally change anything about a business. Its financials remain the same, the stock's earnings multiples are the same, and it's just as good a buy as it was before the split. But that doesn't mean stock splits don't have an effect on a stock's performance. They are, after all, a positive sign that a business is doing well and that the share price is high enough that deploying a ...

Chipotle Mexican Grill’s (NYSE: CMG) stock price is falling apart after having one of the most spectacular performances in the past few years. It is nearing a bear market as it dropped by more than 17% from its highest point this year. It has now plunged to its lowest point this year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Restaurant stocks are fallingCopy link to sectionThe first main reason why Chipotle’s stock is tumbling is that it is trad ...

However many shares it was, it recently grew 49-fold thanks to a stock split.Based on sales, it's clear plenty of people enjoyed a burrito, salad, or quesadilla at Chipotle Mexican Grill (CMG -3.41%) this year. Billionaire hedge fund manager Bill Ackman is also enjoying the restaurant chain, but not necessarily for its food. It's been a great investment for Ackman's Pershing Square Capital Management and now stands as its top holding.Ackman can buy a lot of tacosPershing Square's latest 13F regulatory filin ...

Key TakeawaysChipotle Mexican Grill shares dropped more than 5% on Monday as excitement over the fast-casual chain's recent 50-for-1 stock split wanes.Chipotle shares have confirmed a bull trap, a chart pattern that "traps" investors who initiated long positions on the breakout signal and subsequently generates losses as the price reverses. The Chipotle share price may find support at key chart levels including $56, $50, $47, and $43.When monitoring the support levels outlined above, investors should seek c ...

Key TakeawaysChipotle Mexican Grill shares continued to fall Monday after setting a record high when shareholders approved a 50-to-1 stock split in June.The Mexican fast-food chain has been accused by some customers of reducing the size of its burrito bowls, which CEO Brian Niccol denies.Shares of Chipotle have lost about 13% since reaching an all-time high last month, but still have added almost a third of their value this year. Chipotle Mexican Grill (CMG) was one of the worst-performing stocks in the S&P ...

Investors looking for a long-term compounder should consider Chipotle Mexican Grill (NYSE:CMG). After the company’s recent 50-for-1 stock split Chipotle stock looks like a buy.The restaurant chain that specializes in Mexican cuisine and known for fresh ingredients just executed the first stock split in its history, and the move has made the shares the most affordable they’ve been in more than a decade. Before the split, one share of CMG stock cost more than $3,200. Now, investors can buy shares for $61 each ...

The restaurant giant's business strategy is delivering strong revenue growth.Restaurant chain Chipotle Mexican Grill (CMG 1.90%) capped an amazing run up in its share price this year with a 50-for-1 stock split in June. It was one of the largest stock splits in the history of the New York Stock Exchange.Explaining why the company did it, CFO Jack Hartung said, "We believe the stock split will make our stock more accessible to our employees as well as a broader range of investors."With its historic stock spl ...