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CAVA Group, Inc. (CAVA)
NYSE:CAVA
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CAVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$29.05 - $125.87
Previous Close$122
Volume21.80M
Average Volume (3M)3.46M
Market Cap
$13.91B
Enterprise Value$13.93B
Total Cash (Recent Filing)$329.12M
Total Debt (Recent Filing)$350.77M
Price to Earnings (P/E)335.4
Beta2.63
Next Earnings
Nov 05, 2024EPS Estimate
$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.36
Shares Outstanding114,028,233
10 Day Avg. Volume4,392,014
30 Day Avg. Volume3,461,634
Standard Deviation0.20
R-Squared0.42
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)19.39
Price to Sales (P/S)26.76
Price to Cash Flow (P/CF)72.90
P/FCF Ratio293.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue32.06
Enterprise Value/Gross Profit58.38
Enterprise Value/Ebitda441.96
Forecast
1Y Price Target
$102.62Price Target Upside-15.89% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
CAVA Group, Inc. News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTop and bottom line results for 2Q24 were above sell-side consensus.
Marketing And Brand AwarenessCAVA continues to benefit from being in an almost singular category that is hard to replace at home, while also combining growing brand awareness, effective social/digital marketing, and execution into a best-in-class SSS story.
Product And Menu InnovationSales benefited from stronger-than-expected uptake of the new Grilled Steak offering, growing brand awareness, and the appeal of CAVA's unique value proposition.
Bears Say
Financial PerformanceValuation allows little room for error should fundamentals come up shy of elevated investor expectations.
Market EnvironmentThere are concerns about increasing competition in the market.
Revenue4Q should see a $3.9M hit to revenue vs what is implied by SSS given one week shift in SSS accounting and the brand’s plan for no more incremental pricing in ‘24.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CAVA FAQ
What was CAVA Group, Inc.’s price range in the past 12 months?
CAVA Group, Inc. lowest stock price was $29.05 and its highest was $125.87 in the past 12 months.
What is CAVA Group, Inc.’s market cap?
Currently, no data Available
When is CAVA Group, Inc.’s upcoming earnings report date?
CAVA Group, Inc.’s upcoming earnings report date is Nov 05, 2024 which is in 73 days.
How were CAVA Group, Inc.’s earnings last quarter?
CAVA Group, Inc. released its earnings results on Aug 22, 2024. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.128 by $0.042.
Is CAVA Group, Inc. overvalued?
According to Wall Street analysts CAVA Group, Inc.’s price is currently Overvalued.
Does CAVA Group, Inc. pay dividends?
CAVA Group, Inc. does not currently pay dividends.
What is CAVA Group, Inc.’s EPS estimate?
CAVA Group, Inc.’s EPS estimate is $0.1.
How many shares outstanding does CAVA Group, Inc. have?
CAVA Group, Inc. has 114,028,240 shares outstanding.
What happened to CAVA Group, Inc.’s price movement after its last earnings report?
CAVA Group, Inc. reported an EPS of $0.17 in its last earnings report, beating expectations of $0.128. Following the earnings report the stock price went up 19.631%.
Which hedge fund is a major shareholder of CAVA Group, Inc.?
Among the largest hedge funds holding CAVA Group, Inc.’s share is Driehaus Capital Management LLC. It holds CAVA Group, Inc.’s shares valued at 68M.
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CAVA Group, Inc. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$102.62 (-15.89% Downside)
$102.62 (-15.89% Downside)
Blogger Sentiment
Bullish
CAVA Sentiment 72%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 335.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $501.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
138.54%
12-Months-Change
Fundamentals
Return on Equity
7.40%
Trailing 12-Months
Asset Growth
7.02%
Trailing 12-Months
Company Description
CAVA Group, Inc.
CAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.
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CAVA Company Deck
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CAVA Earnings Call
Q2 2024
0:00 / 0:00
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CAVA Stock 12 Month Forecast
Average Price Target
$102.62
▼(-15.89% Downside)
Technical Analysis
Best Analysts Covering CAVA
1 Year
1 Year Success Rate
8/8 ratings generated profit
1 Year Average Return
+112.01%
reiterated a buy rating 2 days ago
Copying David Tarantino's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +112.01% per trade.
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