Assessing Chipotle Mexican Grill (CMG) Valuation After Recent Share Price Volatility
Chipotle Mexican Grill (CMG) may not have grabbed headlines with a single event this week, but the recent share price action is prompting plenty of investors to reassess their next move. Whether you already hold CMG or are just watching from the sidelines, the latest performance might have you wondering if something is brewing beneath the surface, or if a quieter spell just means opportunity is knocking.
Over the past year, Chipotle’s stock has given up 24% of its value, despite healthy revenue and net income growth. Most of the recent momentum has worked against shareholders, with shares down over the past month and trailing their high-water marks from earlier this year. Still, the three- and five-year returns show that those who…