With 11.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.1 million shares. During the session, the Restaurants company that operates in wider Consumer Cyclical sector, reached to the highest price of $62.425 whereas the lowest price it dropped to was $60.24. The 52-week range on CMG shows that it touched its highest point at $69.26 and its lowest point at $43.66 during that stretch. It currently has a 1-year price target of $66.19. Beta for the stock currently stands at 1.27.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CMG was up-trending over the past week, with a rise of 5.76%, but this was up by 4.32% over a month. Three-month performance surged to 13.26% while six-month performance fell -1.62%. The stock gained 39.73% in the past year, while it has gained 35.57% so far this year. A look at the trailing 12-month EPS for CMG yields 1.08 with Next year EPS estimates of 1.32. For the next quarter, that number is 0.24. This implies an EPS growth rate of 24.53% for this year and 17.90% for next year. EPS is expected to grow by 22.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 47.69%.
Float and Shares Shorts:
At present, 1.37 billion CMG shares are outstanding with a float of 1.35 billion shares on hand for trading. On 2024-10-31, short shares totaled 28.37 million, which was 208.0 higher than short shares on 1727654400. In addition to Mr. Scott Boatwright as the firm’s CEO & Director, Mr. John R. Hartung serves as its President and Chief Strategy Officer.
Institutional Ownership:
Through their ownership of 0.86810994 of CMG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CMG reported revenue of $2793576000.0 and operating income of $501218000.0. The EBITDA in the recently reported quarter was $613529000.0 and diluted EPS was $0.28.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CMG since 26 analysts follow the stock currently. There are 17 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMG analysts setting a high price target of 72.0 and a low target of 42.0, the average target price over the next 12 months is 64.63968. Based on these targets, CMG could surge 16.11% to reach the target high and fall by -32.27% to reach the target low. Reaching the average price target will result in a growth of 4.24% from current levels.
Analysts have provided yearly estimates in a range of $1.12731 being high and $1.09711 being low. For CMG, this leads to a yearly average estimate of $1.11724. The surprise factor in the prior quarter was $0.32. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.31.
