The erosion of analyst expectations for Chipotle (CMG). Remember, stock prices follow earnings.
The reductions in sales forecasts and profitability (EPS) for 2015 and 2016 have put a dent in the trend.
Using the ACE growth estimate and reducing it by 33% as we do “across the board” the growth outlook could be imputed at (17.6%)(2/3) = 11.7%
The sales growth regression for (2013-2017) checks in at 14.9%. It’ll be interesting to see what Value Line does with the 3-5 year sales forecast if the mystery continues to persist in about a month.