<p>Chipotle（<strong>NYSE:CMG</strong>）股票自 6 月 17 日達到每股 69.26 美元的高點以來一直呈現總體下降趨勢。這可能是由於幾個因素，如其高估值、同店銷售達到頂峯以及菜單漲價暫停等。根據四星級瑞銀分析師 Dennis Geiger 的説法，投資者似乎越來越擔心，因為瑞銀的擁擠度評分（跟蹤基金持有情況）下降到自 2023 年 11 月以來的最低水平。這表明基金經理對該股的興趣在減弱。</p>
<p>此外，BTIG 首席市場技術分析師 Jonathan Krinsky 指出，受通脹和高利率影響，包括餐飲在內的與消費者相關的股票面臨挑戰。Chipotle 的股價目前為預期收益的 46 倍，遠高於標普 500 指數中消費者自由支出股票和餐廳的平均水平。</p>
<p>然而，分析師們目前並未發出出售 CMG 的警報。事實上，雷曼兄弟分析師 Brian Vaccaro 指出，投資者繼續青睞像 Chipotle 這樣的高增長餐廳股票，該公司擁有強勁的利潤率和新店高回報率。此外，從歷史角度看，Chipotle 的估值範圍為 25 至 50 倍的未來收益，並在 2021 年達到 70 倍的高點。這意味着其當前估值並不超出正常範圍。</p>
<p>此外，Vaccaro 指出，市場情緒可能不會從高增長股轉向價值股，直到出現明確的催化劑。</p>
<h2><strong>CMG 股票值得購買嗎？</strong></h2>
<p>總體而言，根據下圖顯示，華爾街分析師在過去三個月中對 CMG 股票有 19 個買入、8 個持有和 0 個賣出的中等買入共識評級。在過去一年中，其股價上漲了 45%，平均 CMG 股價目標為每股 66.58 美元，暗示着 8.12% 的上漲潛力。</p>
<p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/07/image-125-1024x355.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/07/image-125-1024x355.png"/></p>

墨式燒烤

<p>墨式燒烤股票（NYSE:CMG）由於高估值、同店銷售達到頂峯以及菜單價格上漲暫停等因素而持續下跌。基金經理對該股的興趣減弱，與消費相關的股票面臨通脹和高利率帶來的挑戰。然而，分析師認為當前估值並不異常，投資者仍青睞像墨式燒烤這樣的高增長股。華爾街分析師對 CMG 股票持有 “中度買入” 共識評級。平均目標價暗示着 8.12% 的上漲潛力</p>

<p>Shares of Chipotle ( <strong>NYSE:CMG</strong>) have been on an overall downtrend since peaking on June 17 at $69.26 per share. This is likely due to several factors, such as its high valuation, peaking same-store sales, and a pause in menu price hikes, according to four-star UBS analyst Dennis Geiger. Investors appear to be growing concerned, as UBS’ crowding score (which tracks fund ownership) for Chipotle fell to its lowest level since November 2023. This indicates that fund managers are becoming less interested in the stock.</p>
<div class="lb-trans"><p>Chipotle（<strong>NYSE:CMG</strong>）股票自 6 月 17 日達到每股 69.26 美元的高點以來一直呈現總體下降趨勢。這可能是由於幾個因素，如其高估值、同店銷售達到頂峯以及菜單漲價暫停等。根據四星級瑞銀分析師 Dennis Geiger 的説法，投資者似乎越來越擔心，因為瑞銀的擁擠度評分（跟蹤基金持有情況）下降到自 2023 年 11 月以來的最低水平。這表明基金經理對該股的興趣在減弱。</p>
</div><p>In addition, Jonathan Krinsky, chief market technician at BTIG, pointed out that consumer-related stocks, including restaurants, are facing challenges as inflation and high interest rates affect the economy. Chipotle’s shares, which are trading at 46 times expected earnings, are significantly higher than the average for consumer discretionary stocks and restaurants in the S&amp;P 500.</p>
<div class="lb-trans"><p>此外，BTIG 首席市場技術分析師 Jonathan Krinsky 指出，受通脹和高利率影響，包括餐飲在內的與消費者相關的股票面臨挑戰。Chipotle 的股價目前為預期收益的 46 倍，遠高於標普 500 指數中消費者自由支出股票和餐廳的平均水平。</p>
</div><p>However, analysts aren’t sounding the alarm to sell CMG just yet. Indeed, Raymond James analyst Brian Vaccaro noted that investors continue to favor high-growth restaurant stocks like Chipotle, which has strong margins and high returns on new stores. Furthermore, from a historical perspective, Chipotle’s valuation has ranged from 25 to 50 times forward earnings and reached a high of 70 times in 2021. This means that its current valuation is not out of character.</p>
<div class="lb-trans"><p>然而，分析師們目前並未發出出售 CMG 的警報。事實上，雷曼兄弟分析師 Brian Vaccaro 指出，投資者繼續青睞像 Chipotle 這樣的高增長餐廳股票，該公司擁有強勁的利潤率和新店高回報率。此外，從歷史角度看，Chipotle 的估值範圍為 25 至 50 倍的未來收益，並在 2021 年達到 70 倍的高點。這意味着其當前估值並不超出正常範圍。</p>
</div><p>In addition, Vaccaro noted that the market’s sentiment may not shift away from high-growth stocks into value stocks until a clear catalyst emerges to do so.</p>
<div class="lb-trans"><p>此外，Vaccaro 指出，市場情緒可能不會從高增長股轉向價值股，直到出現明確的催化劑。</p>
</div><h2><strong>Is CMG Stock a Buy?</strong></h2>
<div class="lb-trans"><h2><strong>CMG 股票值得購買嗎？</strong></h2>
</div><p>Overall, Wall Street analysts have a Moderate Buy consensus rating on CMG stock based on 19 Buys, eight Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. After a 45% rally in its share price over the past year, the average CMG price target of $66.58 per share implies 8.12% upside potential.</p>
<div class="lb-trans"><p>總體而言，根據下圖顯示，華爾街分析師在過去三個月中對 CMG 股票有 19 個買入、8 個持有和 0 個賣出的中等買入共識評級。在過去一年中，其股價上漲了 45%，平均 CMG 股價目標為每股 66.58 美元，暗示着 8.12% 的上漲潛力。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://blog.tipranks.com/wp-content/uploads/2024/07/image-125-1024x355.png" alt="" original-src="https://blog.tipranks.com/wp-content/uploads/2024/07/image-125-1024x355.png"/></p>

以下是最近墨式燒烤（NYSE:CMG）股票下跌的原因