Here Is How Much You Would Have Made If You Invested $10000 In Chipotle Stocks Exactly Two Years Ago

Over the last two years, shares of Chipotle Mexican Grill (ticker: CMG) has continually increased, beating estimates and exceeding the expectations of stock analysts. On Monday, Dec. o2, the stock closed at $810 per share. Apparently, if you had invested in the Chipotle stocks exactly two years ago, that is around late 2017 to early 2018, you would have made a lot of cash by now.

According to our calculation at Investingport News:

Price of Chipotle stock about two years ago = $311 per share

Number of shares that could be purchased with $10000 two years ago = 32.15 shares

The present price of Chipotle stocks = $810 per share

The present cost of 32.15 shares of Chipotle = $26041.50

Percentage increase in the price of Chipotle stock from 2017 to present = 160%

Therefore, if you had invested $10,000 two years ago; the amount of extra cash you would have realized (excluding dividends) if you sold your shares as at today, December 2, will be $16,041.5 (that is, subtracting  $10000 from $26,041.50). This is approximately an increase of about 160% of your initial capital.

It is important to note that while Chipotle stocks have performed greatly over the last two years, we cannot solely rely on this past data to predict its future price.

It has been an excellent year for Chipotle (ticker: CMG) investors. The stock is up about 85% versus the S&P 500’s 25% gain. The shares have rallied due to strong earnings and sales results as many of the chain’s new offerings have gotten traction.

Cowen analyst Andrew Charles on Tuesday, Nov. 26, raised his rating for Chipotle stock to Outperform from Market Perform, predicting rising sales from initiatives such as pickup and third-party delivery of food ordered online. He raised his price target for Chipotle shares to $970 from $800.

The stock was up 2.3% to $804.75 on Tuesday, Nov 26.

“We see upside to [sales] comps and EPS from digital sales growth, increasing consumer demand for food transparency, and a growing ad budget and loyalty program,” he wrote. “Unlike most competitors, virtually every Chipotle location has a second assembly line to provide capacity for digital orders, that are now fully digitized for faster prep times.”

The analyst noted that in the third quarter, sales growth at restaurants open at least a year increased to 11%, while online sales grew by 88%. He estimated that over the next five years, Chipotle’s online sales will account for 34% of revenue, up from 18% Nov. 26.