Skip to Content

Chipotle Mexican Grill Inc

View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation

Chipotle Earnings: Robust Growth Prospects, but Shares Too Pricey

We are believers in wide-moat Chipotle Mexican Grill's robust competitive position and growth prospects, but the share price leaves us with indigestion. After another quarter of outperformance, we expect to raise our $1,950 fair value estimate by a mid-single-digit percentage, but the stock would still trade at almost a 50% premium to our revised valuation, deep in 1-star territory. We suggest that investors await a more attractive entry point.

Free Trial of Morningstar Investor

Get our analysts’ objective, in-depth, and continuous investment coverage of CMG so you can make buy / sell decisions free of market noise.

Start Free Trial

Sponsor Center