Is Chipotle Stock a Smart Investment After Its Stock Split?

Reported 2 months ago

Chipotle Mexican Grill has experienced significant growth, outperforming the S&P 500 over the last decade. Following a 50-for-1 stock split, its shares tempted investors despite facing a post-split temporary decline. Notably, the company's same-store sales have been increasing, indicating strong customer loyalty and profitability. Although shares are valued relatively high with a P/E ratio of 48.9, the recent dip in stock prices presents a potential buying opportunity for long-term investors.

Source: YAHOO

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