Cava Is Worth $33 Million Per Restaurant After Blistering Debut [BNN Bloomberg (Canada)]
Chipotle Mexican Grill, Inc. (CMG)
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.chipotle.com
Company Research
Source: BNN Bloomberg
The restaurant chain — the Mediterranean Chipotle, as its financial backers like to call it — has soared more than 300% since its initial public offering in June 2023, giving it a market valuation of over $10 billion. That equates to $33 million for each of its 323 restaurants, a staggering sum even for a chain that's rapidly expanding. By comparison, investors valued Chipotle Mexican Grill, the benchmark in the US fast-casual restaurant industry, at just about $3 million per restaurant when it completed the one-year mark in public markets. (On a price-to-earnings ratio, Cava is expensive, too, clocking in at 185.) All of this highlights how the global IPO market is cracking back open after a couple of sluggish years. Bring the right kinds of new stocks to market, like a trendy fast-casual chain, and investors will bid them up. But the rally has been so extreme that it's starting to cause angst among some Cava bulls. In the span of just four days, two of the 15 Wall Street analys
Show less
Read more
Impact Snapshot
Event Time:
CMG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CMG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CMG alerts
High impacting Chipotle Mexican Grill, Inc. news events
Weekly update
A roundup of the hottest topics
CMG
News
- Why The 22% Return On Capital At Chipotle Mexican Grill (NYSE:CMG) Should Have Your Attention [Yahoo! Finance]Yahoo! Finance
- Asia's answer to Chipotle is now a $1.5 billion public company [Business Insider]Business Insider
- Former Hedge Fund Trader Builds $135 Million Burrito Fortune [Yahoo! Finance Canada]Yahoo! Finance Canada
- Former Hedge Fund Trader Builds $135 Million Burrito Fortune [Yahoo! Finance]Yahoo! Finance
- Former Hedge Fund Trader Builds $135 Million Burrito Fortune [BNN Bloomberg (Canada)]BNN Bloomberg
CMG
Earnings
- 4/24/24 - Beat
CMG
Sec Filings
- 6/14/24 - Form 4
- 6/13/24 - Form 144
- 6/10/24 - Form SC
- CMG's page on the SEC website