A share price of Cava Group Inc [CAVA] is currently trading at $115.61, up 2.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CAVA shares have gain 2.47% over the last week, with a monthly amount drifted -7.78%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cava Group Inc [NYSE: CAVA] stock has seen the most recent analyst activity on November 20, 2024, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $145. Previously, UBS started tracking the stock with Neutral rating on September 27, 2024, and set its price target to $135. On August 29, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $110 on the stock. Citigroup reiterated its Neutral rating and increased its price target to $115 on August 23, 2024. JP Morgan downgraded its rating to a Neutral but $77 remained the price target by the analyst firm on June 03, 2024. Piper Sandler downgraded its rating to Neutral for this stock on May 30, 2024, and upped its price target to $92. In a note dated April 15, 2024, Barclays initiated an Equal Weight rating and provided a target price of $58 on this stock.
Cava Group Inc experienced fluctuations in its stock price throughout the past year between $42.65 and $172.43. Currently, Wall Street analysts expect the stock to reach $134.3 within the next 12 months. Cava Group Inc [NYSE: CAVA] shares were valued at $115.61 at the most recent close of the market. An investor can expect a potential return of 16.17% based on the average CAVA price forecast.
Analyzing the CAVA fundamentals
Trailing Twelve Months sales for Cava Group Inc [NYSE:CAVA] were 913.49M which represents 38.89% growth. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 113.66 points at the first support level, and at 111.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.21, and for the 2nd resistance point, it is at 118.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cava Group Inc [NYSE:CAVA] is 2.93. In addition, the Quick Ratio stands at 2.87 and the Cash Ratio stands at 2.73. Considering the valuation of this stock, the price to sales ratio is 14.50, the price to book ratio is 21.49 and price to earnings (TTM) ratio is 253.92.
Transactions by insiders
Recent insider trading involved Schulman Brett, CEO and President, that happened on Jan 02 ’25 when 14214.0 shares were sold. Chief People Officer, Costanza Kelly completed a deal on Jan 02 ’25 to sell 7611.0 shares. Meanwhile, Officer Kelly Costanza bought 7611.0 shares on Jan 02 ’25.
