Chipotle Mexican Grill, Inc. (CMG) offers a variety of food and beverages, with a market cap of $45 billion. Despite slipping 49% from its 52-week high, CMG remains a dominant player in the fast-casual dining segment, trading below its moving averages since early January.

CMG’s shares have declined 20% in the past three months, underperforming compared to the Dow Jones Industrial Average. While Q3 results were mixed, revenue increased 7.5% year-over-year to $3 billion, driven by new restaurant openings and higher comparable restaurant sales.

Analysts remain moderately optimistic about CMG’s future, with a consensus rating of “Moderate Buy” and a mean price target of $44.39, suggesting a 30.4% premium to its current price levels. Despite recent underperformance, CMG faces competition from Yum! Brands, Inc., which has outperformed in the past year.

Read more at Yahoo Finance: Is Chipotle Mexican Grill Stock Underperforming the Dow?