Can Chipotle Mexican Grill (CMG) Inventory Proceed to Develop Earnings?

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Can Chipotle Mexican Grill (CMG) Inventory Proceed to Develop Earnings?

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Progress shares will be a number of the most fun picks out there, as these high-flyers can captivate buyers’ consideration, and produce massive beneficial properties as nicely. Nonetheless, they will additionally lead on the draw back when the expansion story is over, so you will need to discover corporations that are nonetheless seeing sturdy development prospects of their companies.

One such firm that is likely to be well-positioned for future earnings development is Chipotle Mexican Grill, Inc. CMG. This agency, which is within the Retail – Eating places business, noticed EPS development of 55.1% final 12 months, and is trying nice for this 12 months too.

In reality, the present development estimate for this 12 months requires earnings-per-share development of 31.4%. Moreover, the long-term development charge is at present a formidable 19.3%, suggesting fairly good prospects for the lengthy haul.

Chipotle Mexican Grill, Inc. Value and Consensus

Chipotle Mexican Grill, Inc. Price and Consensus

Chipotle Mexican Grill, Inc. price-consensus-chart | Chipotle Mexican Grill, Inc. Quote

And if this wasn’t sufficient, the inventory has really seen estimates rise over the previous month for the present fiscal 12 months…



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