Cava Group Inc (NYSE: CAVA) is 228.94% higher on its value in year-to-date trading and has touched a low of $29.66 and a high of $141.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CAVA stock was last observed hovering at around $139.00 in the last trading session, with the day’s gains setting it 2.38%.
Currently trading at $141.38, the stock is 4.32% and 10.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.18 million and changing 1.71% at the moment leaves the stock 60.04% off its SMA200. CAVA registered 319.53% gain for a year compared to 6-month gain of 87.56%. The firm has a 50-day simple moving average (SMA 50) of $127.5604 and a 200-day simple moving average (SMA200) of $87.87085.
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The stock witnessed a 7.22% loss in the last 1 month and extending the period to 3 months gives it a 56.58%, and is 5.86% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.27% over the week and 2.74% over the month.
Cava Group Inc (CAVA) has around 8460 employees, a market worth around $16.16B and $845.22M in sales. Current P/E ratio is 388.73 and Fwd P/E is 271.16. Profit margin for the company is 5.04%. Distance from 52-week low is 376.67% and 0.09% from its 52-week high. The company has generated returns on investments over the last 12 months (4.66%).
Cava Group Inc quarterly earnings per share for the current quarter are estimated at 0.11 with sales reaching $233.09M over the same period.The EPS is expected to grow by 103.94% this year, but quarterly earnings will post 28.70% year-over-year. Quarterly sales are estimated to grow 32.80% in year-over-year returns.
525.0 institutions hold shares in Cava Group Inc (CAVA), with institutional investors hold 76.43% of the company’s shares. The shares outstanding are 113.58M, and float is at 96.09M with Short Float at 11.59%. Institutions hold 69.36% of the Float.
Cava Group Inc (CAVA) Insider Activity
The most recent transaction is an insider sale by WHITE JAMES D, the company’s Director. SEC filings show that WHITE JAMES D sold 1,000 shares of the company’s common stock on Sep 16 ’24 at a price of $122.45 per share for a total of $0.12 million. Following the sale, the insider now owns 3807.0 shares.
Still, SEC filings show that on Sep 09 ’24, SHAICH RONALD M (Director) disposed off 478,972 shares at an average price of $117.90 for $56.47 million. The insider now directly holds 0 shares of Cava Group Inc (CAVA).
