Cava Group Inc (CAVA) concluded trading on Wednesday at a closing price of $135.33, with 3.82 million shares of worth about $516.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 64.10% during that period and on January 29, 2025 the price saw a gain of about 7.44%. Currently the company’s common shares owned by public are about 114.56M shares, out of which, 97.91M shares are available for trading.
Stock saw a price change of 9.68% in past 5 days and over the past one month there was a price change of 16.17%. Year-to-date (YTD), CAVA shares are showing a performance of 19.97% which increased to 195.48% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.71 but also hit the highest price of $172.43 during that period. The average intraday trading volume for Cava Group Inc shares is 2.73 million. The stock is currently trading 14.31% above its 20-day simple moving average (SMA20), while that difference is up 6.34% for SMA50 and it goes to 26.11% higher than SMA200.
Cava Group Inc (NYSE: CAVA) currently have 114.56M outstanding shares and institutions hold larger chunk of about 60.59% of that.
The stock has a current market capitalization of $15.51B and its 3Y-monthly beta is at 3.24. PE ratio of stock for trailing 12 months is 297.23, while it has posted earnings per share of $0.46 in the same period. It 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 4.21% while standing at 3.66% over the month.
Analysts are in expectations that Cava Group Inc (CAVA) stock would likely to be making an EPS of 0.06 in the current quarter, while forecast for next quarter EPS is 0.16 and it is 0.64 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.02 which is 0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 139.82% while it is estimated to increase by 23.86% 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.
