The stock of Cava Group Inc (CAVA) has seen a -11.03% decrease in the past week, with a 37.76% gain in the past month, and a 27.18% flourish in the past quarter. The volatility ratio for the week is 4.20%, and the volatility levels for the past 30 days are at 5.36% for CAVA. The simple moving average for the last 20 days is 11.46% for CAVA stock, with a simple moving average of 67.27% for the last 200 days.
Is It Worth Investing in Cava Group Inc (NYSE: CAVA) Right Now?
Cava Group Inc (NYSE: CAVA) has a price-to-earnings ratio of 307.73x that is above its average ratio. Additionally, the 36-month beta value for CAVA is 3.37. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 6 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CAVA is 94.91M and currently, short sellers hold a 11.38% ratio of that float. The average trading volume of CAVA on September 04, 2024 was 3.41M shares.
CAVA) stock’s latest price update
The stock price of Cava Group Inc (NYSE: CAVA) has plunged by -1.86 when compared to previous closing price of 114.04, but the company has seen a -11.03% decline in its stock price over the last five trading sessions. fool.com reported 2024-09-03 that Cava is posting impressive same-store sales growth. The company has a huge runway of growth ahead.
Analysts’ Opinion of CAVA
Many brokerage firms have already submitted their reports for CAVA stocks, with Morgan Stanley repeating the rating for CAVA by listing it as a “Equal-Weight.” The predicted price for CAVA in the upcoming period, according to Morgan Stanley is $110 based on the research report published on August 29, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CAVA reach a price target of $115, previously predicting the price at $93. The rating they have provided for CAVA stocks is “Neutral” according to the report published on August 23rd, 2024.
JP Morgan gave a rating of “Neutral” to CAVA, setting the target price at $77 in the report published on June 03rd of the current year.
CAVA Trading at 21.42% 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 -12.69% of loss for the given period.
Volatility was left at 5.36%, however, over the last 30 days, the volatility rate increased by 4.20%, as shares surge +40.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.07% upper at present.
During the last 5 trading sessions, CAVA fell by -11.03%, which changed the moving average for the period of 200-days by +247.90% in comparison to the 20-day moving average, which settled at $102.02. In addition, Cava Group Inc saw 160.40% 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 SHAICH RONALD M, who sale 55,273 shares at the price of $118.95 back on Aug 28 ’24. After this action, SHAICH RONALD M now owns 0 shares of Cava Group Inc, valued at $6,574,923 using the latest closing price.
SHAICH RONALD M, the Director of Cava Group Inc, sale 54,780 shares at $118.95 during a trade that took place back on Aug 28 ’24, which means that SHAICH RONALD M is holding 6,307 shares at $6,516,278 based on the most recent closing price.
Stock Fundamentals for CAVA
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.19 for the gross margin
The net margin for Cava Group Inc stands at 0.05. The total capital return value is set at 0.05. Equity return is now at value 7.40, with 4.24 for asset returns.
Based on Cava Group Inc (CAVA), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38.
Currently, EBITDA for the company is 78.86 million with net debt to EBITDA at 0.15. When we switch over and look at the enterprise to sales, we see a ratio of 15.16. The receivables turnover for the company is 60.86for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.99.
Conclusion
In conclusion, Cava Group Inc (CAVA) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
