The Latest Breaking News from Chipotle Mexican Grill

Chipotle Mexican Grill (CMG) reported strong revenue growth despite sky-high inflation and decreased consumer discretionary spending. However, given its high valuation, would it be worth buying the stock now? Let’s find out.

The Nasdaq Composite dropped around 0.2% on Monday. Investors, meanwhile, focused on some notable insider trades.

Someone with a lot of money to spend has taken a bullish stance on Chipotle Mexican Grill (NYSE:CMG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Many Wall Street analysts fear a recession and its impact on the companies in its sector. Nick Setyan, managing director at Wedbush Securities covering the restaurant sector, does not. He explained his stance on PreMaret Prep Plus on Wednesday and shared a few picks and a pan.

Chipotle Mexican Grill's (NYSE:CMG) short percent of float has risen 19.02% since its last report. The company recently reported that it has 1.06 million shares sold short, which is 3.88% of all regular shares that are available for trading.

Chipotle Mexican Grill (NYSE:CMG) has outperformed the market over the past 5 years by 16.42% on an annualized basis producing an average annual return of 26.38%. Currently, Chipotle Mexican Grill has a market capitalization of $37.51 billion.

Analysts have provided the following ratings for Chipotle Mexican Grill (NYSE:CMG) within the last quarter:

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