Chipotle Takes a Big Bite Out of Earnings

Chipotle CEO Says Top Priority Is To Remind People 'Why They Love' The Fast Casual Restaurant

The Price to Sales (P/S) of the company is 2.12, while P/B (Price to Book) stands at 6.87. When we see the company's Volatility, it now has a monthly volatility of 6.11% and weekly volatility of 3.66%.

An estimated effective full-year tax rate of approximately 32.5 percent to 33.5 percent, with quarterly tax rates of approximately 29 percent in the second and third quarters, and up to as much as 38.5 percent in the fourth quarter due to the additional anticipated write-off of deferred tax assets associated with stock-based compensation awards.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.73 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

Niccol, the former chief of Yum Brands Inc's Taco Bell, is known for launching hot new menu items, such as $1 Nacho Fries shortly before he made the leap to Chipotle.

Shares of Chipotle closed Wednesday at $339.52, with a consensus analyst price target of $318.68 and a 52-week range of $247.52 to $499.00. The company has its outstanding shares of 100.4 Million.

The SMA20 for the stock is at -9.31 percent, SMA50 stands at -20.58 percent, while SMA200 is -15.71 Percent, according to Finviz reported data.


He also spoke about changing Chipotle's culture, an important note given the negative press that has trailed the brand since its food safety outbreaks in 2015 that affected hundreds of customers and sliced the brand's stock value in half. The market capitalization of the company is $9.48 Billion. The Return on Equity (ROE) and Return on Investment (ROI) values are -41.1 percent and 0 percent respectively. The volume of the company in the last trading session was 849952.

The company's ATR (Average True Range) is 10.83. For the Current month, 3 analysts have assigned this stock as Buy where 3 assigned Outperform, 22 analysts believe it's a Hold, 2 said Underperform and only 3 assigned Sell rating.

Chipotle said higher menu prices boosted check averages.

The burrito chain is expected to post earnings of $1.57 per share on $1.15 billion in revenue, according to Thomson Reuters estimates. The Low Revenue estimate is $1.22 Billion, while High Revenue estimate is $1.29 Billion.

Looking ahead to the 2018 full year, Chipotle expects to see comparable sales increases in the low-single digits, and expects to open 130 to 150 new restaurants.

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