Cava Group Inc (NYSE:CAVA)’s traded shares stood at 5.88 million during the last session, with the company’s beta value hitting 3.59. At the close of trading, the stock’s price was $84.66, to imply an increase of 4.52% or $3.66 in intraday trading. The CAVA share’s 52-week high remains $172.43, putting it -103.67% down since that peak but still an impressive 31.23% since price per share fell to its 52-week low of $58.22. The company has a valuation of $9.79B, with an average of 3.79 million shares in intraday trading volume over the past 10 days and average of 2.86 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cava Group Inc (CAVA), translating to a mean rating of 1.94. 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.
Cava Group Inc (NYSE:CAVA) trade information
After registering a 4.52% upside in the last session, Cava Group Inc (CAVA) has traded red over the past five days. The 5-day price performance for the stock is 14.30%, and -29.11% over 30 days. With these gigs, the year-to-date price performance is -24.95%. Short interest in Cava Group Inc (NYSE:CAVA) saw shorts transact 6.07 million shares and set a 1.93 days time to cover.
The extremes give us $113 and $200 for target low and target high price respectively. As such, CAVA has been trading -136.24% off suggested target high and -33.48% from its likely low.
CAVA Dividends
Cava Group Inc has its next earnings report out on 2025-Feb-24. 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.
Cava Group Inc (NYSE:CAVA)’s Major holders
Cava Group Inc insiders hold 8.32% of total outstanding shares, with institutional holders owning 70.63% of the shares at 77.04% float percentage. In total, 70.63% institutions holds shares in the company, led by ARTAL GROUP S.A.. As of 2024-06-30, the company held over 23.51 million shares (or 20.5976% of shares), all amounting to roughly $2.18 billion.
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.
