In today’s recent session, 0.68 million shares of the Cava Group Inc (NYSE:CAVA) have been traded, and its beta is 3.60. Most recently the company’s share price was $85.19, and it changed around -$1.06 or -1.23% from the last close, which brings the market valuation of the company to $9.85B. CAVA at last check was trading at a discount to its 52-week high of $172.43, offering almost -102.41% off that amount. The share price’s 52-week low was $56.03, which indicates that the recent value has risen by an impressive 34.23% since then.
Cava Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.12. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 8 recommended CAVA as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Cava Group Inc is expected to report earnings per share of 0.14 for the current quarter.
Cava Group Inc (NYSE:CAVA) trade information
Instantly CAVA has been showing red trend so far today with a performance of -1.23% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 98.98 on recent trading dayincreased the stock’s daily price by 13.93%. The company’s shares are currently down -24.48% year-to-date, but still down -13.91% over the last five days. On the other hand, Cava Group Inc (NYSE:CAVA) is -37.96% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $141, which translates to bulls needing to increase their stock price by 39.58% from its current value. Analyst projections state that CAVA is forecast to be at a low of $113 and a high of $200.
Cava Group Inc (CAVA) estimates and forecasts
The year-over-year growth rate is expected to be 22.99%, up from the previous year.
Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 326.6M in revenue for the current quarter. 12 analysts expect Cava Group Inc to make 286.72M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 259.01M and 233.5M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 26.10%. Forecasts for the next quarter put sales growth at 22.79%.
Cava Group Inc earnings are expected to increase by 25.41% in 2025, but the outlook is positive 32.65% per year for the next five years.
Cava Group Inc (NYSE:CAVA)’s Major holders
VANGUARD GROUP INC, with 4.9072% or 5.6 million shares worth $519.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Smallcap World Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 5.8 shares worth $491.94 million, making up 5.02% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.17 shares worth around $183.77 million, which represents about 1.88% of the total shares outstanding.
