Cava Group Inc (NYSE: CAVA) is 9.94% higher on its value in year-to-date trading and has touched a low of $44.80 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 $123.39 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $124.01, the stock is 6.63% and -3.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.21 million and changing 0.50% at the moment leaves the stock 16.95% off its SMA200. CAVA registered 159.11% gain for a year compared to 6-month gain of 50.15%. The firm has a 50-day simple moving average (SMA 50) of $129.1714 and a 200-day simple moving average (SMA200) of $105.74215.
The stock witnessed a 5.95% loss in the last 1 month and extending the period to 3 months gives it a -9.03%, and is 7.27% 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 3.36% over the week and 3.39% over the month.
Cava Group Inc (CAVA) has around 8460 employees, a market worth around $14.21B and $913.49M in sales. Current P/E ratio is 272.37 and Fwd P/E is 198.81. Profit margin for the company is 5.88%. Distance from 52-week low is 176.81% and -28.08% from its 52-week high. The company has generated returns on investments over the last 12 months (5.69%).
with sales reaching $223.34M over the same period.The EPS is expected to grow by 139.68% this year, but quarterly earnings will post 31.87% year-over-year. Quarterly sales are estimated to grow 26.06% in year-over-year returns.
578.0 institutions hold shares in Cava Group Inc (CAVA), with institutional investors hold 73.25% of the company’s shares. The shares outstanding are 114.56M, and float is at 97.88M with Short Float at 9.45%. Institutions hold 67.12% 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 20,564 shares of the company’s common stock on Jan 21 ’25 at a price of $119.18 per share for a total of $2.45 million. Following the sale, the insider now owns 0.78 million shares.
Cava Group Inc disclosed in a document filed with the SEC on Jan 21 ’25 that Xenohristos Theodoros (Chief Concept Officer) sold a total of 851 shares of the company’s common stock. The trade occurred on Jan 21 ’25 and was made at $119.18 per share for $0.1 million. Following the transaction, the insider now directly holds 0.36 million shares of the CAVA stock.
Still, SEC filings show that on Jan 21 ’25, Somers Jennifer (Chief Operations Officer) disposed off 2,131 shares at an average price of $119.18 for $0.25 million. The insider now directly holds 135,104 shares of Cava Group Inc (CAVA).
