The stock of Cava Group Inc (NYSE: CAVA) has decreased by -1.93 when compared to last closing price of 141.38. Despite this, the company has experienced a -6.19% fall in its stock price over the last five trading sessions. fool.com reported 2024-11-17 that Cava Shares Jump as Sales Remain Strong. Can the Momentum in the Stock Continue?
Is It Worth Investing in Cava Group Inc (NYSE: CAVA) Right Now?
The price-to-earnings ratio for Cava Group Inc (NYSE: CAVA) is above average at 304.52x. The 36-month beta value for CAVA is also noteworthy at 3.22. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 6 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”
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The public float for CAVA is 96.09M, and at present, short sellers hold a 11.16% of that float. The average trading volume of CAVA on November 18, 2024 was 3.23M shares.
CAVA’s Market Performance
CAVA stock saw an increase of -6.19% in the past week, with a monthly gain of 2.45% and a quarterly increase of 41.18%. The volatility ratio for the week is 8.09%, and the volatility levels for the last 30 days are 4.09% for Cava Group Inc (CAVA). The simple moving average for the past 20 days is -0.02% for CAVA’s stock, with a 51.20% simple moving average for the past 200 days.
Analysts’ Opinion of CAVA
Many brokerage firms have already submitted their reports for CAVA stocks, with UBS repeating the rating for CAVA by listing it as a “Neutral.” The predicted price for CAVA in the upcoming period, according to UBS is $135 based on the research report published on September 27, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see CAVA reach a price target of $110, previously predicting the price at $90. The rating they have provided for CAVA stocks is “Equal-Weight” according to the report published on August 29th, 2024.
Citigroup gave a rating of “Neutral” to CAVA, setting the target price at $115 in the report published on August 23rd of the current year.
CAVA Trading at 4.99% 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 -19.59% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 8.09%, as shares surge +1.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.77% upper at present.
During the last 5 trading sessions, CAVA fell by -6.75%, which changed the moving average for the period of 200-days by +176.05% in comparison to the 20-day moving average, which settled at $138.64. In addition, Cava Group Inc saw 222.59% 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 KAREN ANN KOCHEVAR, who proposed sale 15,000 shares at the price of $140.00 back on Nov 15 ’24. After this action, KAREN ANN KOCHEVAR now owns shares of Cava Group Inc, valued at $2,100,000 using the latest closing price.
Theodoros J Xenohristos, the Affiliate of Cava Group Inc, proposed sale 65,000 shares at $138.34 during a trade that took place back on Nov 14 ’24, which means that Theodoros J Xenohristos is holding shares at $8,992,100 based on the most recent closing price.
Stock Fundamentals for CAVA
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.29 for the gross margin
The net margin for Cava Group Inc stands at 0.06. The total capital return value is set at 0.05. Equity return is now at value 9.09, with 5.21 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 0.42.
Currently, EBITDA for the company is 63.14 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 17.49. The receivables turnover for the company is 140.91for trailing twelve months and the total asset turnover is 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.93.
Conclusion
In summary, Cava Group Inc (CAVA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
