Cava Group Inc (NYSE: CAVA) Hogging The Spotlight Today

Currently, there are 114.56M common shares owned by the public and among those 96.36M shares have been available to trade.

The company’s stock has a 5-day price change of -5.88% and 10.72% over the past three months. CAVA shares are trading 208.45% year to date (YTD), with the 12-month market performance up to 297.63% higher. It has a 12-month low price of $31.47 and touched a high of $172.43 over the same period. CAVA has an average intraday trading volume of 2.64 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.30%, -3.36%, and 35.19% respectively.

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Institutional ownership of Cava Group Inc (NYSE: CAVA) shares accounts for 58.11% of the company’s 114.56M shares outstanding.

It has a market capitalization of $15.23B and a beta (3y monthly) value of 2.96. The stock’s trailing 12-month PE ratio is 291.17, while the earnings-per-share (ttm) stands at $0.46. The company has a PEG of 9.71 and a Quick Ratio of 2.87 with the debt-to-equity ratio at 0.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.88% over the week and 5.51% over the month.

Earnings per share for the fiscal year are expected to increase by 139.25%, and 24.30% over the next financial year.

Looking at the support for the CAVA, a number of firms have released research notes about the stock. Bernstein stated their Mkt Perform rating for the stock in a research note on November 20, 2024, with the firm’s price target at $145. UBS coverage for the Cava Group Inc (CAVA) stock in a research note released on September 27, 2024 offered a Neutral rating with a price target of $135. Morgan Stanley was of a view on August 29, 2024 that the stock is Equal-Weight, while Citigroup gave the stock Neutral rating on August 23, 2024, issuing a price target of $93- $115. JP Morgan on their part issued Neutral rating on June 03, 2024.

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