Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

https://seekingalpha.com/article/4745443-cava-excellent-same-store-sales-growth-tempered-by-ridiculous-price-upgrade [Seeking Alpha]

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: Seeking Alpha
Follow Play 8min Summary I'm upgrading CAVA to a neutral rating, driven by the stock's recent decline over the past two months and a strong Q3 earnings print. CAVA's same-restaurant sales growth accelerated to 18% y/y in Q3, substantially exceeding many fast-casual restaurant peers. The company's restaurant operating margins also rose to be in-line with Chipotle, the industry bellwether. Still, the company is hampered by an incredibly rich valuation at ~13x revenue (more than double Chipotle) and a ~100x adjusted EBITDA multiple. I'd recommend waiting for a better price. JulPo/E+ via Getty Images AI software isn't the only sector having a big moment in 2024. Fast-casual restaurant chains, especially those targeting a healthier demographic, are also skyrocketing to new heights in 2024. Sweetgreen ( SG ) and CAVA ( NYSE: CAVA ) have each seen This article was written by Gary Alexander 29.83K Follower s Follow With combined experience of covering technology c 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
Opt-in for
CMG alerts

from News Quantified
Opt-in for
CMG alerts

from News Quantified