Cava Group Inc (NYSE:CAVA)’s traded shares stood at 1.65 million during the latest session, with the company’s beta value hitting 3.58. At the last check today, the stock’s price was $95.60, to imply a decrease of -3.39% or -$3.36 in intraday trading. The CAVA share’s 52-week high remains $172.43, putting it -80.37% down since that peak but still an impressive 44.76% since price per share fell to its 52-week low of $52.81.
Analysts have given a consensus recommendation of Buy for Cava Group Inc (CAVA), translating to a mean rating of 2.06. Of 15 analyst(s) looking at the stock, 0 analyst(s) give CAVA a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.14.
Cava Group Inc (NYSE:CAVA) trade information
After registering a -3.39% downside in the latest session, Cava Group Inc (CAVA) has traded red over the past five days. The 5-day price performance for the stock is -19.39%, and -24.10% over 30 days. With these gigs, the year-to-date price performance is -15.25%.
The extremes give us $110 and $200 for target low and target high price respectively. As such, CAVA has been trading -109.21% off suggested target high and -15.06% from its likely low.
Cava Group Inc (CAVA) estimates and forecasts
The rating firms project that company’s revenue will grow 22.62% compared to the previous financial year.
Revenue forecast for the current quarter as set by 11 analysts is 325.32M. Meanwhile, for the current quarter, a total of 11 analyst(s) estimate revenue growth to 285.83M.Earnings reports from the last fiscal year show that sales brought in 259.01M and 233.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 25.60% before jumping 22.41% in the following quarter.
CAVA Dividends
Cava Group Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 5.6 million shares, or about 4.9072% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $519.45 million.
We also have Smallcap World Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Cava Group Inc (CAVA) shares. Going by data provided on Sep 30, 2024 , Smallcap World Fund holds roughly 5.8 shares. This is just over 5.06% of the total shares, with a market valuation of $545.84 million. Data from the same date shows that the other fund manager holds a little less at 2.17, or 1.89% of the shares, all valued at about 203.91 million.
