logo
#

Latest news with #CMG

Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note
Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note

Yahoo

timea day ago

  • Business
  • Yahoo

Chipotle Mexican Grill (CMG) Stock Drops Despite Market Gains: Important Facts to Note

Chipotle Mexican Grill (CMG) ended the recent trading session at $49.73, demonstrating a -0.68% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.4%. At the same time, the Dow added 0.28%, and the tech-heavy Nasdaq gained 0.39%. Coming into today, shares of the Mexican food chain had lost 0.89% in the past month. In that same time, the Retail-Wholesale sector gained 5.7%, while the S&P 500 gained 6.69%. The investment community will be paying close attention to the earnings performance of Chipotle Mexican Grill in its upcoming release. The company's upcoming EPS is projected at $0.32, signifying a 5.88% drop compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.1 billion, indicating a 4.39% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.21 per share and a revenue of $12.23 billion, indicating changes of +8.04% and +8.1%, respectively, from the former year. It is also important to note the recent changes to analyst estimates for Chipotle Mexican Grill. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.17% lower within the past month. Chipotle Mexican Grill is holding a Zacks Rank of #4 (Sell) right now. Looking at its valuation, Chipotle Mexican Grill is holding a Forward P/E ratio of 41.51. This denotes a premium relative to the industry's average Forward P/E of 23.33. Investors should also note that CMG has a PEG ratio of 2.48 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Retail - Restaurants industry stood at 2.56 at the close of the market yesterday. The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 171, this industry ranks in the bottom 31% of all industries, numbering over 250. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow CMG in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

China Hosts World's First Humanoid Robot Fighting Competition
China Hosts World's First Humanoid Robot Fighting Competition

Daily News Egypt

timea day ago

  • Sport
  • Daily News Egypt

China Hosts World's First Humanoid Robot Fighting Competition

HANGZHOU, China – The world's first international fighting tournament among humanoid robots has taken place in the Chinese city of Hangzhou, Zhejiang Province. The China Media Group (CMG) organized the competition, as reported by CGTN, a partner of TV BRICS. The tournament was divided into two parts: a demonstration segment and a competitive segment. In the first part, robots showcased their combat skills through single and group performances. In the second part, operators controlled the robots in real time using a special system. Each bout consisted of three rounds, each lasting two minutes. Punches were evaluated according to a point system: one point was awarded for an accurate punch with the hand, and three points for a kick with the foot. A participant lost five points for a knockdown, and if a robot did not get up within eight seconds, it was immediately disqualified. The robot controlled by operator Lu Xin emerged as the winner. In the final round, Lu Xin's robot knocked out its opponent in all three rounds. According to an equipment tester, professional athletes were involved in the preparation of the robots. Sensors were fitted to the athletes to record their movements. This data then formed the basis of training algorithms using artificial intelligence, which enabled the robots to practice various punches, from hooks to uppercuts.

Chipotle Mexican Grill (CMG) Gets Price-Target Increase From Wealth-Management Firm
Chipotle Mexican Grill (CMG) Gets Price-Target Increase From Wealth-Management Firm

Yahoo

time2 days ago

  • Business
  • Yahoo

Chipotle Mexican Grill (CMG) Gets Price-Target Increase From Wealth-Management Firm

Wealth-management firm Bernstein recently raised its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) to $65 from $60. The firm reported that CMG's products are cheaper than those of a number of its competitors, and it expects the firm's data to start rebounding this quarter, compared with the same period two years earlier. A chef plating up a wide variety of dishes for a restaurant chain. Bernstein kept an Outperform rating on the name. Relatively Inexpensive Offerings and a Potential Q2 Recovery Chipotle Mexican Grill, Inc. (NYSE:CMG) is unlikely to cede market share to quick-service restaurants (QSR) because CMG's prices have remained relatively low, the wealth-management firm wrote. Further, during the current quarter, CMG's two-year comparisons are likely to turn positive, Bernstein predicted. Among the positive catalysts likely to bring about the latter scenario are its upcoming marketing plans and its efforts to increase the speed at which its restaurants work, the wealth-management firm believes. The Recent Price Action of CMG Stock In the last month and in the last three months, Chipotle Mexican Grill (NYSE:CMG) is little changed. While we acknowledge the potential of CMG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CMG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.

CGTN: Sci-fi becomes reality: China's groundbreaking humanoid fighting championship captivates global audiences
CGTN: Sci-fi becomes reality: China's groundbreaking humanoid fighting championship captivates global audiences

The Sun

time2 days ago

  • Science
  • The Sun

CGTN: Sci-fi becomes reality: China's groundbreaking humanoid fighting championship captivates global audiences

BEIJING, CHINA - Media OutReach Newswire - 28 May 2025 - China Media Group (CMG) unveiled the world's inaugural humanoid robot fighting competition on Sunday in Hangzhou City, east China's Zhejiang Province, marking a milestone in robotics innovation. Dubbed the 'Mech Combat Arena Competition,' this high-energy event showcased robots engaging in choreographed combat, performing moves like jabs, uppercuts and kicks. As part of CMG's broader World Robot Competition Series – which includes robot football and basketball – the tournament blends education and entertainment, aiming to popularize cutting-edge robotics through immersive, theme-based spectacles. How robots learned to fight Behind the robots' seemingly effortless martial prowess lies a meticulous development process: the bots learn from human 'shifus.' Engineers collaborated with professional fighters to capture motion data from key body joints during real combat maneuvers. This data was then integrated into the robots' AI-backed control systems, followed by extensive testing and refinement to ensure stability and fluidity. The result? Machines capable of dynamic, human-like agility under intense duress – a testament to advancements in motion planning and real-time balance control. Experts laud breakthroughs and future potential The competition has drawn praise from industry leaders for pushing technological boundaries. Liu Tai, deputy chief engineer at the China Academy of Information and Communications Technology, called the event 'a thrilling demonstration of stability and coordination in high-intensity scenarios,' highlighting its role in bridging scientific progress with industrial application. Meanwhile, Sun Tizhong, an official in charge of future industries development in Zhejiang Province, emphasized the region's strategic focus on humanoid robotics, citing its 'explosive potential' and noting Zhejiang's 2024 action plan to foster cross-sector collaboration in the field. Global audiences embrace the robotic revolution The tournament resonated far beyond the Chinese mainland. Media outlets in China's Taiwan region hailed it as turning 'sci-fi into reality,' while Taipei youths praised CMG for transforming complex topics like productivity innovation into accessible public discourse. On social media, international viewers flooded CGTN's YouTube channel with enthusiastic reactions: 'This is just the start. Imagine in five years with all the crazy tech advancements.' 'Soon this will become a new world sporting event.' 'The fact that they chose to include kicks... and generally pull it off is impressive.' 'American dreams, all comes true in China.' From showbiz to real-world applications The Hangzhou showdown follows April's historic humanoid robot half-marathon in Beijing, where the Tiangong Ultra robot completed 21 kilometers in under three hours. While still a collaborative experiment rather than a pure competition, the race underscored broader ambitions. As engineer Cheng Xuemei noted, the technology behind these feats could revolutionize elder care, hazardous environment operations and industrial automation. With China projected to produce over 10,000 humanoid robots by 2025 – claiming more than half the global market – the nation's robotics sector appears poised to reshape both industry and daily life worldwide. For more information, please click: Hashtag: #CGTN The issuer is solely responsible for the content of this announcement.

World's first humanoid robot boxing match kicks off in China
World's first humanoid robot boxing match kicks off in China

Gulf Today

time2 days ago

  • Business
  • Gulf Today

World's first humanoid robot boxing match kicks off in China

The China Media Group (CMG) World Robot Competition — Mecha Fighting Series, the first-ever humanoid robot fighting tournament, opened in Hangzhou, east China's Zhejiang Province. Contestants, including robots developed by Unitree Robotics armed with a wide range of combat skills, gathered for a livestreamed showdown, while putting on display Chinese robotics firms' tech prowess. This competition marks a historic moment as it is the world's first combat sports event centred around humanoid robots, signalling the gradual integration of artificial intelligence (AI) into combat sports, the CMG report said, noting that all humanoid battlebots are equipped with domestically developed technologies. The competition includes demonstration and competitive matches, with humanoid robots showcasing combat moves and robots controlled by humans in real-time fighting in the arena, according to the organiser. Four human operator teams controlled the robots to compete in a tournament-style series of boxing matches. China's humanoid robots are evolving at an accelerated pace, extending their reach into both industrial and household applications. According to the Chinese Institute of Electronics, China's humanoid robot market is projected to reach 870 billion yuan ($120 billion) by 2030. WAM

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store