Investor Confidence Is Shaken After Cava Group Inc (NYSE: CAVA) Share Prices Dropped By -$2.25

Cava Group Inc (NYSE:CAVA) has seen 2.05 million shares traded in the last trading session. The company, currently valued at $8.92B, closed the last trade at $78.22 per share which meant it lost -$2.25 on the day or -2.80% during that session. The CAVA stock price is -3.17% off its 52-week high price of $80.70 and 62.86% above the 52-week low of $29.05. The 3-month trading volume is 2.60 million shares.

Cava Group Inc (NYSE:CAVA) trade information

Sporting -2.80% in the red in last session, the stock has traded in the red over the last five days, when the CAVA stock price touched $78.22 or saw a rise of 4.31%. Year-to-date, Cava Group Inc shares have moved 81.99%, while the 5-day performance has seen it change -0.37%. Over the past 30 days, the shares of Cava Group Inc (NYSE:CAVA) have changed 31.22%.

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Cava Group Inc (CAVA) estimates and forecasts

Figures show that Cava Group Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 129.25% over the past 6 months, with this year growth rate of 19.05%, compared to 7.00% for the industry.

Earnings growth for 2024 is a modest 14.12% while over the next 5 years, the company’s earnings are expected to increase by 32.10%.

CAVA Dividends

Cava Group Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.