Cava Group Inc (CAVA) concluded trading on Thursday at a closing price of $150.50, with 3.34 million shares of worth about $502.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 76.98% during that period and on December 05, 2024 the price saw a gain of about 1.96%. Currently the company’s common shares owned by public are about 114.56M shares, out of which, 96.36M shares are available for trading.
Stock saw a price change of 6.59% in past 5 days and over the past one month there was a price change of 13.57%. Year-to-date (YTD), CAVA shares are showing a performance of 250.16% which increased to 317.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $31.47 but also hit the highest price of $172.43 during that period. The average intraday trading volume for Cava Group Inc shares is 2.62 million. The stock is currently trading 5.05% above its 20-day simple moving average (SMA20), while that difference is up 10.24% for SMA50 and it goes to 54.92% higher than SMA200.
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Cava Group Inc (NYSE: CAVA) currently have 114.56M outstanding shares and institutions hold larger chunk of about 58.11% of that.
The stock has a current market capitalization of $17.24B and its 3Y-monthly beta is at 2.97. PE ratio of stock for trailing 12 months is 330.55, while it has posted earnings per share of $0.46 in the same period. Its PEG reads 11.02 and has Quick Ratio of 2.87 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CAVA, volatility over the week remained 3.72% while standing at 5.03% over the month.
Stock’s fiscal year EPS is expected to rise by 139.25% while it is estimated to increase by 24.30% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on November 20, 2024 offering a Mkt perform rating for the stock and assigned a target price of $145 to it. Coverage by UBS stated Cava Group Inc (CAVA) stock as a Neutral in their note to investors on September 27, 2024, suggesting a price target of $135 for the stock. On August 29, 2024, Morgan Stanley Downgrade their recommendations, while on August 23, 2024, Citigroup Reiterated their ratings for the stock with a price target of $115. Stock get a Neutral rating from JP Morgan on June 03, 2024.
