Cava Group Inc (NYSE: CAVA) is 2.49% higher on its value in year-to-date trading and has touched a low of $42.65 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 $112.42 in the last trading session, with the day’s gains setting it 3.19%.
Currently trading at $115.61, the stock is -0.58% and -11.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing 2.84% at the moment leaves the stock 10.46% off its SMA200. CAVA registered 169.36% gain for a year compared to 6-month gain of 32.13%. The firm has a 50-day simple moving average (SMA 50) of $130.6412 and a 200-day simple moving average (SMA200) of $104.43745.
The stock witnessed a -7.78% loss in the last 1 month and extending the period to 3 months gives it a -14.20%, and is 2.47% 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 3.21% over the week and 3.56% over the month.
Cava Group Inc (CAVA) has around 8460 employees, a market worth around $13.25B and $913.49M in sales. Current P/E ratio is 253.92 and Fwd P/E is 185.31. Profit margin for the company is 5.88%. Distance from 52-week low is 171.07% and -32.95% from its 52-week high. The company has generated returns on investments over the last 12 months (5.69%).
The EPS is expected to grow by 139.46% this year
571.0 institutions hold shares in Cava Group Inc (CAVA), with institutional investors hold 73.05% of the company’s shares. The shares outstanding are 114.56M, and float is at 88.26M with Short Float at 10.49%. Institutions hold 66.93% of the Float.
The top institutional shareholder in the company is ARTAL GROUP S.A. with over 23.51 million shares valued at $2.18 billion. The investor’s holdings represent 20.5976 of the CAVA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.6 million shares valued at $519.45 million to account for 4.9072 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 4.94 million shares representing 4.329 and valued at over $458.25 million, while FMR LLC holds 3.0276 of the shares totaling 3.46 million with a market value of $320.49 million.
Cava Group Inc (CAVA) Insider Activity
The most recent transaction is an insider sale by Schulman Brett, the company’s CEO and President. SEC filings show that Schulman Brett sold 14,214 shares of the company’s common stock on Jan 02 ’25 at a price of $114.93 per share for a total of $1.63 million. Following the sale, the insider now owns 0.8 million shares.
Cava Group Inc disclosed in a document filed with the SEC on Jan 02 ’25 that Costanza Kelly (Chief People Officer) sold a total of 7,611 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $114.93 per share for $0.87 million. Following the transaction, the insider now directly holds 0.13 million shares of the CAVA stock.
Still, SEC filings show that on Jan 02 ’25, Kelly Costanza (Officer) Proposed Sale 7,611 shares at an average price of $112.80 for $0.86 million. The insider now directly holds shares of Cava Group Inc (CAVA).
