Cava Group Inc (CAVA) Stock: What the Analysts are Saying

Cava Group Inc (NYSE: CAVA) has a price-to-earnings ratio that is above its average at 567.12x. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for CAVA is 87.45M, and at present, short sellers hold a 12.42% of that float. On April 02, 2024, the average trading volume of CAVA was 2.22M shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

CAVA) stock’s latest price update

Cava Group Inc (NYSE: CAVA) has experienced a decline in its stock price by -3.82 compared to its previous closing price of 68.40. However, the company has seen a fall of -3.61% in its stock price over the last five trading days. The Motley Fool reported 2024-03-30 that The growth in the online sports betting market could deliver more new highs for DraftKings’ stock. Cava’s early success in the fast-casual restaurant industry spells a rewarding investment opportunity.

CAVA’s Market Performance

Cava Group Inc (CAVA) has experienced a -3.61% fall in stock performance for the past week, with a 12.84% rise in the past month, and a 53.06% rise in the past quarter. The volatility ratio for the week is 3.36%, and the volatility levels for the past 30 days are at 4.64% for CAVA. The simple moving average for the last 20 days is 1.45% for CAVA’s stock, with a simple moving average of 49.84% for the last 200 days.

Analysts’ Opinion of CAVA

Wedbush, on the other hand, stated in their research note that they expect to see CAVA reach a price target of $48, previously predicting the price at $35. The rating they have provided for CAVA stocks is “Outperform” according to the report published on December 21st, 2023.

TD Cowen gave a rating of “Outperform” to CAVA, setting the target price at $46 in the report published on December 13th of the previous year.

CAVA Trading at 16.24% from the 50-Day Moving Average

After a stumble in the market that brought CAVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.12% of loss for the given period.

Volatility was left at 4.64%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares surge +13.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.75% upper at present.

During the last 5 trading sessions, CAVA fell by -3.27%, in comparison to the 20-day moving average, which settled at $65.25. In addition, Cava Group Inc saw 53.06% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CAVA starting from Xenohristos Theodoros, who sale 47,239 shares at the price of $68.29 back on Mar 26 ’24. After this action, Xenohristos Theodoros now owns 526,521 shares of Cava Group Inc, valued at $3,225,851 using the latest closing price.

Artal International S.C.A., the Director of Cava Group Inc, sale 2,000,000 shares at $66.25 during a trade that took place back on Mar 21 ’24, which means that Artal International S.C.A. is holding 26,507,990 shares at $132,500,000 based on the most recent closing price.

Stock Fundamentals for CAVA

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.23 for the gross margin

The net margin for Cava Group Inc stands at 0.02. The total capital return value is set at 0.01. Equity return is now at value 3.39, with 1.55 for asset returns.

Based on Cava Group Inc (CAVA), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 366.32.

Currently, EBITDA for the company is 78.86 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 10.2. The receivables turnover for the company is 61.31for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.25.

Conclusion

To sum up, Cava Group Inc (CAVA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts