In the latest trading session,, 2.53 million Cava Group Inc (NYSE:CAVA) shares changed hands as the company’s beta touched 2.64. With the company’s most recent per share price at $83.7 changing hands around $5.81 or 7.46% at last look, the market valuation stands at $9.68B. CAVA’s current price is a discount, trading about -106.01% off its 52-week high of $172.43. The share price had its 52-week low at $70.00, which suggests the last value was 16.37% up since then. When we look at Cava Group Inc’s average trading volume, we note the 10-day average is 4.4 million shares, with the 3-month average coming to 3.73 million.
Analysts gave the Cava Group Inc (CAVA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.84. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended CAVA as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight.
Cava Group Inc (NYSE:CAVA) trade information
Instantly CAVA is in green as seen in intraday trades today. With action 11.23%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -8.81%, with the 5-day performance at 11.23% in the green. However, in the 30-day time frame, Cava Group Inc (NYSE:CAVA) is 2.22% up. Looking at the short shares, we see there were 10.96 million shares sold at short interest cover period of 2.75 days.
The consensus price target for the stock as assigned by Wall Street analysts is 105, meaning bulls need an upside of 20.29% from its recent market value. According to analyst projections, CAVA’s forecast low is 105 with 105 as the target high. To hit the forecast high, the stock’s price needs a -25.45% plunge from its current level, while the stock would need to soar -25.45% for it to hit the projected low.
The 2025 estimates are for Cava Group Inc earnings to increase by 39.62%, but the outlook for the next 5-year period is at 32.15% per year.
CAVA Dividends
Cava Group Inc is expected to release its next quarterly earnings report on 2025-May-15.
Cava Group Inc (NYSE:CAVA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.67% of Cava Group Inc shares while 79.37% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.15%. There are 79.37% institutions holding the Cava Group Inc stock share, with ARTAL GROUP S.A. the top institutional holder. As of 2024-06-30, the company held 20.5976% of the shares, roughly 23.51 million CAVA shares worth $2.18 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.9072% or 5.6 million shares worth $519.45 million as of 2024-06-30.
