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March 18, 2021

  • StocksConsumer Cyclical

    Chipotle Mexican Grill: Good Growth Prospects, But Priced For Perfection At 50x 2022 EPS Estimates

    by The Compound Investor March 18, 2021
    March 18, 2021

    A year ago it would have been difficult to imagine a restaurant stock having a solid 2020. Yet judging by results released early last month, Chipotle (CMG) appears to have managed just that. The Mexican-themed chain posted annual sales of around $6b last year, a 7% rise on 2019 levels.…

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