During the recent session, Cava Group Inc (NYSE:CAVA)’s traded shares were 0.96 million, with the beta value of the company hitting 3.63. At the last check today, the stock’s price was $82.05, reflecting an intraday loss of -0.73% or -$0.6. The 52-week high for the CAVA share is $172.43, that puts it down -110.15 from that peak though still a striking 29.04% gain since the share price plummeted to a 52-week low of $58.22. The company’s market capitalization is $9.48B, and the average trade volume was 2.84 million shares over the past three months.
Cava Group Inc (CAVA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.06. CAVA has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.14.
Cava Group Inc (NYSE:CAVA) trade information
Cava Group Inc (CAVA) registered a -0.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.73% in intraday trading to $82.05, hitting a weekly high. The stock’s 5-day price performance is -13.66%, and it has moved by -42.58% in 30 days. Based on these gigs, the overall price performance for the year is 43.04%.
The consensus price target of analysts on Wall Street is $141, which implies an increase of 41.81% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $113 and $200 respectively. As a result, CAVA is trading at a discount of -143.75% off the target high and -37.72% off the low.
Cava Group Inc (CAVA) estimates and forecasts
In the rating firms’ projections, revenue will increase 22.99% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 326.6M as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 286.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 259.01M and 233.5M respectively. In this case, analysts expect current quarter sales to grow by 26.10% and then jump by 22.79% in the coming quarter.
While earnings are projected to return 25.41% in 2025, the next five years will return 32.65% per annum.
CAVA Dividends
Cava Group Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Cava Group Inc (NYSE:CAVA)’s Major holders
The next largest institutional holding, with 5.6 million shares, is of VANGUARD GROUP INC’s that is approximately 4.9072% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $519.45 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cava Group Inc (CAVA) shares are Smallcap World Fund and Vanguard Small-Cap Index Fund. Data provided on Sep 30, 2024 indicates that Smallcap World Fund owns about 5.8 shares. This amounts to just over 5.02 percent of the company’s overall shares, with a $471.12 million market value. The same data shows that the other fund manager holds slightly less at 2.19, or about 1.89% of the stock, which is worth about $177.69 million.
