Cava Group Inc (NYSE:CAVA) At $82.93: What To Do?

In last trading session, Cava Group Inc (NYSE:CAVA) saw 3.36 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $82.93 trading at $5.33 or 6.87% at ring of the bell on the day assigns it a market valuation of $9.45B. That closing price of CAVA’s stock is at a premium of 1.43% from its 52-week high price of $81.74 and is indicating a premium of 64.97% from its 52-week low price of $29.05. Taking a look at company’s average trading volume volume of 2.54 million if we extend that period to 3-months.

Cava Group Inc (NYSE:CAVA) trade information

Upright in the green during last session for gaining 6.87%, in the last five days CAVA remained trading in the green while hitting it’s week-highest on Friday, 05/24/24 when the stock touched $82.93 price level, adding 1.51% to its value on the day. Cava Group Inc’s shares saw a change of 92.95% in year-to-date performance and have moved 7.31% in past 5-day. Cava Group Inc (NYSE:CAVA) showed a performance of 32.50% in past 30-days.

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 Group Inc (CAVA) estimates and forecasts

Statistics highlight that Cava Group Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 148.44% of value to its shares in past 6 months, showing an annual growth rate of 19.05% while that of industry is 6.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 20.20% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 245.42M for the same. And 12 analysts are in estimates of company making revenue of 213.28M in the next quarter.

In 2024, company’s earnings growth rate is likely to be around 15.70% while estimates for its earnings growth in next 5 years are of 32.10%.

CAVA Dividends

Cava Group Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.