Shares of Chipotle Mexican Grill fell 2.1% to $395.59 on Monday after Barron’s , a financial publication, wrote that the ailing restaurant chain could see its stock fall further. “Sometimes fallen growth stocks find another leg down.
Category: Chipotle Mexican Grill
Chipotle Shares Rising Despite Earnings, Guidance Miss
After being down as much ad 3% in after-hours trading Thursday, shares of struggling fast-food restaurant Chipotle Mexican Grill were up over 2% to $432 after the company missed analysts fourth-quarter revenue and earnings estimates. The company reported earnings of 55 cents per share on revenue of $1.03 billion versus analysts’ expectations of earnings of 57 cents per share on revenue of $1.04 billion.
Better Buy: Chipotle Mexican Grill, Inc. vs. Panera
Both companies have pushed the idea that they offer better food than their cheaper fast-food rivals. That has allowed them to price higher, discount less, and attract an audience seeking a better, but still relatively quick and inexpensive, meal.
3 Stocks the Market Loves to Hate but That You Should Love
One way for investors to find value in today’s market is to look for stocks that are temporarily out of favor. All too often traders sell off a company’s stock based on short-term problems that don’t impair the company’s long-term earnings power.
McDonald’s Stock Split: Will 2017 Bring a Split for the Golden Arches?
Recently, its initiatives to offer all-day breakfast items have reinvigorated the franchise’s growth prospects, and investors have enjoyed sizable share-price increases as a result. Yet since 1999, one thing McDonald’s shareholders haven’t seen is a stock split.
Better Buy: Starbucks Corporation vs. Chipotle Mexican Grill, Inc.
A mature restaurant with over 1,000 locations putting up comparable-store sales growth of near 20%? Impossible! And then, the disaster of foodborne illness hit. That has been followed by criminal investigations, plummeting sales, a jettisoning of a co-CEO, and a stock that has lost almost half of its value in little more than a year.
Back-of-the-Napkin Analysis: Chipotle Mexican Grill, Inc.’s Rebound
To make matters worse, Ells, now the sole CEO, admitted during an investor conference that he was nervous about hitting fiscal 2017 guidance. A great deal has been done, including Moran’s departure which rectifies the obvious friction that occurs when a vessel has two captains, to right the ship following the food-poisoning scares of a year ago.