Chipotle Mexican Grill Stock Eyes Worst Day Since 2017

Core Viewpoint - Chipotle Mexican Grill Inc's stock has declined significantly following a revenue miss and a lowered annual sales forecast, leading to multiple price-target cuts from analysts [1][2]. Group 1: Stock Performance - The stock is down 12.1%, trading at $46.41, marking its largest single-day percentage loss since October 2017 [1][2]. - Year-to-date, the stock has decreased by 23.2% [2]. - The shares have gapped to their lowest level since April and are breaking below the 80-day moving average [2]. Group 2: Analyst Sentiment - Out of 31 analysts covering the stock, 23 have rated it a "buy" or better, indicating a generally positive outlook despite recent performance [2]. - The 12-month consensus target price is $59.80, representing a 29% premium to the current stock price [2]. Group 3: Options Activity - Today's options activity shows 72,000 calls and 56,000 puts traded, which is five times the typical volume for this time [3]. - The most active contract is the weekly 7/25 46-strike call, with new positions being bought to open [3].