Published: Fri, February 16, 2018
Science | By Hubert Green

Chipotle turns to Taco Bell's 'Doritos Locos' chief as new CEO

Chipotle turns to Taco Bell's 'Doritos Locos' chief as new CEO

The stock increased 0.86% or $0.3 during the last trading session, reaching $35.03.

For its fourth quarter, the company earned $497 million, or 65 cents per share, topping the year-ago net loss of $272 million, or 36 cents per share. HD Supply Holdings, Inc. Esterline Technologies Corporation (NYSE:ESL) has risen 43.50% since February 14, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

Shares of Denver, Colorado-based Chipotle were up 11.8 percent at $281.03 in extended trading, still less than half their $742 high set in 2015, before sales-crushing E.coli, Salmonella and norovirus outbreaks sickened hundreds of US customers. Mig Capital Llc bought 39,354 shares as the company's stock rose 13.42% with the market. Company fiscal year is ending in December and analysts' consensus recommendation is Hold for CMG and estimated EPS for next quarter is 1.60.

Brian Niccol, chief executive at Taco Bell chain for three years, will start at Chipotle next month. About 3.89 million shares traded or 217.08% up from the average.

Shares in Chipotle surged more than 11% in after-hours trading in NY. (NYSE:CMG) has risen 7.62% since February 13, 2017 and is uptrending. It has underperformed by 9.08% the S&P500. The business's revenue for the quarter was up 7.3% on a year-over-year basis. analysts anticipate that Chipotle Mexican Grill will post 8.36 earnings per share for the current fiscal year.

Chipotle Mexican Grill (NYSE:CMG) had its price objective dropped by stock analysts at Barclays from $325.00 to $305.00 in a research note issued to investors on Wednesday, February 7th. Therefore 60% are positive. Maxim Integrated Products Inc. had 85 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Sell" rating given on Tuesday, February 23 by Deutsche Bank. The rating was maintained by RBC Capital Markets on Tuesday, October 18 with "Outperform". The firm now has an "equal weight" rating on the restaurant operator's stock.

From another technical standpoint, Chipotle Mexican Grill, Inc. (NYSE:CMG) opened at $255.46 on Monday. The stock of Chipotle Mexican Grill, Inc. The stock has "Overweight" rating by Atlantic Securities on Thursday, January 11. (NYSE:CMG) has "Hold" rating given on Tuesday, January 23 by Credit Suisse. Riverhead Ltd Liability has invested 0.69% in Prudential Financial, Inc. The rating was initiated by BTIG Research on Monday, December 18 with "Buy". Camelot Portfolios Limited Company has invested 0.34% in Chipotle Mexican Grill, Inc. Raymond James Financial Services Advisors Inc. now owns 2,938 shares of the restaurant operator's stock valued at $1,223,000 after buying an additional 44 shares during the period.

While take a short look on price to sales ratio, that was 0.90 and price to earnings ratio of 8.28 attracting passive investors. The company has a market cap of $7,135.07, a P/E ratio of 38.76, a P/E/G ratio of 1.66 and a beta of 0.59. Mark Asset Mngmt invested in 73,844 shares. Overall, the share price is down -11.61% so far this year. Brands shares are held by institutional investors. (NYSE:CMG). Citadel Advsr Limited Liability Company holds 0.01% or 59,842 shares in its portfolio. Pictet Asset Mgmt has 415,878 shares. Texas Permanent School Fund invested in 0.03% or 6,953 shares. (NYSE:CMG). Thrivent For Lutherans owns 16,460 shares or 0.02% of their United States portfolio. They expect $2.54 earnings per share, up 3.25% or $0.08 from last year's $2.46 per share. (NYSE:CMG). Retirement Of Alabama accumulated 12,173 shares or 0.02% of the stock. Gam Holding Ag holds 0.32% or 74,039 shares in its portfolio. Cantor Fitzgerald downgraded the shares of AINV in report on Tuesday, September 1 to "Buy" rating. First Mercantile invested in 8,854 shares. Marianas Fund Management Ltd Liability reported 4,400 shares. After $0.83 actual EPS reported by ICF International, Inc. for the previous quarter, Wall Street now forecasts -6.02% negative EPS growth.

Since September 1, 2017, it had 0 insider purchases, and 7 insider sales for $2.68 million activity. Its down 0.37, from 0.99 in 2017Q2. It dived, as 40 investors sold TTWO shares while 124 reduced holdings. 32 funds opened positions while 52 raised stakes. 265.93 million shares or 0.75% less from 267.93 million shares in 2017Q2 were reported. 14,500 are owned by New York State Teachers Retirement Systems. Reynders Mcveigh Capital owns 687 shares. (NYSE:CMG). Bessemer Grp Incorporated has invested 0% in Chipotle Mexican Grill, Inc. Invesco invested in 0% or 67,340 shares.

Cambridge Trust Company, which manages about $1.49B US Long portfolio, upped its stake in Novartis Ag Sponsored Adr (NYSE:NVS) by 9,247 shares to 116,206 shares, valued at $9.98 million in 2017Q3, according to the filing. (NASDAQ:HDS). Parallax Volatility Advisers Limited Partnership holds 171,015 shares. Ulysses Mngmt Lc has invested 1.91% of its portfolio in HD Supply Holdings, Inc.

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