Cava Group Inc [CAVA] stock is trading at $128.27, down -0.40%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CAVA shares have gain 4.41% over the last week, with a monthly amount glided 25.78%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cava Group Inc [NYSE: CAVA] stock has seen the most recent analyst activity on August 29, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also boosted its price target to $110 from $90. Previously, Citigroup reaffirmed its Neutral rating on August 23, 2024, and elevated its price target to $115. On June 03, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $77 on the stock. Piper Sandler downgraded its rating to a Neutral and increased its price target to $92 on May 30, 2024. Barclays initiated its recommendation with a Equal Weight and recommended $58 as its price target on April 15, 2024. Argus upgraded its rating to Buy for this stock on April 10, 2024, but kept the price target unchanged to $70. In a note dated January 29, 2024, Argus initiated an Hold rating.
Cava Group Inc [CAVA] stock has fluctuated between $29.05 and $129.50 over the past year. Currently, Wall Street analysts expect the stock to reach $108.2 within the next 12 months. Cava Group Inc [NYSE: CAVA] shares were valued at $128.27 at the most recent close of the market. An investor can expect a potential drop of -15.65% based on the average CAVA price forecast.
Analyzing the CAVA fundamentals
Cava Group Inc [NYSE:CAVA] reported sales of 845.22M for the trailing twelve months, which represents a growth of 35.05%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 126.65 points at the first support level, and at 125.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.86, and for the 2nd resistance point, it is at 133.44.
Ratios To Look Out For
For context, Cava Group Inc’s Current Ratio is 2.99. Also, the Quick Ratio is 2.93, while the Cash Ratio stands at 2.78. Considering the valuation of this stock, the price to sales ratio is 17.35, the price to book ratio is 24.62 and price to earnings (TTM) ratio is 352.68.
Transactions by insiders
Recent insider trading involved WHITE JAMES D, Director, that happened on Sep 16 ’24 when 1000.0 shares were sold. Director, JAMES WHITE completed a deal on Sep 16 ’24 to buy 1000.0 shares. Meanwhile, Director SHAICH RONALD M sold 0.48 million shares on Sep 09 ’24.
