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Cava Group Inc (CAVA) Is Up 228.64% in 2024 With Lots of Room to Run

Cava Group Inc (NYSE: CAVA) is 228.64% higher on its value in year-to-date trading and has touched a low of $31.47 and a high of $172.43 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 $137.24 in the last trading session, with the day’s gains setting it 4.01%.

Currently trading at $141.25, the stock is 1.72% and 6.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.37 million and changing 2.92% at the moment leaves the stock 53.27% off its SMA200. CAVA registered 313.98% gain for a year compared to 6-month gain of 80.58%. The firm has a 50-day simple moving average (SMA 50) of $132.0304 and a 200-day simple moving average (SMA200) of $91.6942.

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The stock witnessed a 3.62% loss in the last 1 month and extending the period to 3 months gives it a 37.31%, and is -2.61% down 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 8.60% over the week and 4.41% over the month.

Cava Group Inc (CAVA) has around 8460 employees, a market worth around $16.18B and $913.49M in sales. Current P/E ratio is 310.24 and Fwd P/E is 223.75. Profit margin for the company is 5.88%. Distance from 52-week low is 348.84% and -18.08% from its 52-week high. The company has generated returns on investments over the last 12 months (5.69%).

with sales reaching $223.22M over the same period.The EPS is expected to grow by 140.26% this year, but quarterly earnings will post 31.85% year-over-year. Quarterly sales are estimated to grow 25.99% in year-over-year returns.

Cava Group Inc (CAVA) Top Institutional Holders

564.0 institutions hold shares in Cava Group Inc (CAVA), with institutional investors hold 81.26% of the company’s shares. The shares outstanding are 113.58M, and float is at 96.09M with Short Float at 11.16%. Institutions hold 73.76% of the Float.

Cava Group Inc (CAVA) Insider Activity

The most recent transaction is an insider sale by Tolivar Tricia K., the company’s Chief Financial Officer. SEC filings show that Tolivar Tricia K. sold 20,000 shares of the company’s common stock on Nov 19 ’24 at a price of $140.70 per share for a total of $2.81 million. Following the sale, the insider now owns 0.24 million shares.

Still, SEC filings show that on Nov 19 ’24, PATRICIA TOLIVAR (Officer) Proposed Sale 20,000 shares at an average price of $137.24 for $2.74 million. The insider now directly holds shares of Cava Group Inc (CAVA).

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