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The case for Chipotle (CMG +0.5%): Valuation looks a bit more attractive as the company expands...

The case for Chipotle (CMG +0.5%): Valuation looks a bit more attractive as the company expands the number of restaurants it operates. In April, CMG traded at $11M per active restaurant, a measure that has now slipped to $7M. When considering the forward-looking PE ratio, it should be remembered that analysts project strong earnings growth beyond FY13 even before factoring in any upward push from international expansion. Also of note, a cash and equivalents position of $698M looks juicier with CMG's market cap below $10B.
Comments (3)
  • wapiti
    , contributor
    Comments (698) | Send Message
    Is this Cramer telling us this? He said BUY BUY BUY at $420 then don't buy until $277 Still a VERY VERY VERY expensive stock.... SELL SELL SELL is what I say!
    15 Aug 2012, 02:10 PM Reply Like
  • Vertical Spread
    , contributor
    Comments (536) | Send Message
    The case for Chipotle is everybody on S@ pumping Chipotle. Did they just come out with a new phone or something?


    Geez.. it's a good burrito, and much more nutritious than any other fast food place; but $7 million for a roadside grill?
    15 Aug 2012, 02:14 PM Reply Like
  • Wall Street Smart
    , contributor
    Comments (474) | Send Message
    Did you see that crowd at 12 PM? Like a million people. Should have bought at 65 bucks but any correction to 250 will be nice.
    23 Aug 2012, 03:33 PM Reply Like
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