Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Chipotle Mexican Grill fell $7.17 (-1.8%) to $401.80 on average volume. Throughout the day, 574,603 shares of Chipotle Mexican Grill exchanged hands as compared to its average daily volume of 405,800 shares. The stock ranged in price between $400.80-$407.99 after having opened the day at $405.32 as compared to the previous trading day's close of $408.97. Other companies within the Services sector that declined today were:
), down 23.3%,
), down 14.3%,
), down 8.4% and
), down 7.7%.
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Chipotle Mexican Grill, Inc. develops and operates fast casual and fresh Mexican food restaurants. Its restaurants primarily offer burritos, tacos, burrito bowls, and salads. As of June 3, 2013, the company operated 1,450 restaurants. Chipotle Mexican Grill, Inc. Chipotle Mexican Grill has a market cap of $11.6 billion and is part of the leisure industry. Shares are up 37.5% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Chipotle Mexican Grill a buy, 1 analyst rates it a sell, and 12 rate it a hold.
TheStreet Ratings rates
Chipotle Mexican Grill
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Chipotle Mexican Grill Ratings Report.
On the positive front,
), up 21.9%,
), up 12.2%,
), up 10.8% and
), up 10.0% , were all gainers within the services sector with
) being today's featured services sector leader.
- Use our services section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider
) while those bearish on the services sector could consider
- Find other investment ideas from our top rated ETFs lists.