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NYSE:CAVA

CAVA Group (CAVA) Stock Price, News & Analysis

CAVA Group logo
$133.56
-0.26 (-0.19%)
(As of 10/31/2024 ET)

About CAVA Group Stock (NYSE:CAVA)

Key Stats

Today's Range
$132.10
$135.13
50-Day Range
$101.92
$138.65
52-Week Range
$29.66
$141.25
Volume
1.31 million shs
Average Volume
2.70 million shs
Market Capitalization
$15.27 billion
P/E Ratio
360.97
Dividend Yield
N/A
Price Target
$118.71
Consensus Rating
Moderate Buy

Company Overview

CAVA Group, Inc. is a trailblazing brand in the Mediterranean fast-casual dining space. Since its inception, CAVA has redefined the category, offering healthful food choices that deliver bold and satisfying flavors on a large scale. The company's vision transcends the Mediterranean segment, positioning itself as a key player in the broader limited-service restaurant and health and wellness food categories. CAVA's success is rooted in its ability to cater to diverse demographics, appealing to a wide range of customers across gender lines, age groups, and income levels.

Its commitment to engaging customers who crave convenient, authentic, and purpose-driven dining experiences sets CAVA apart. CAVA recognizes that food is more than sustenance; it is a means of self-expression. By fostering a welcoming environment, CAVA offers a platform for individuals to connect and express themselves through the joy of food. This approach has led to CAVA's broad appeal and positions it at the forefront of the industry's growth potential.

Chief Executive Officer and President Brett Schulman brings a strong leadership background to the table, steering the company's strategic direction and driving innovation. Schulman's deep understanding of the industry and commitment to creating a better pathway for employees have propelled CAVA's success.

CAVA Group, Inc'.s financial performance is a crucial indicator of its growth trajectory and stability. The company reported revenue data reflecting an increase. This revenue growth suggests that CAVA's healthful and flavorful menu offerings have resonated strongly with customers. However, the company faced a net loss recently, representing a decline of over 50%.

While CAVA experienced a decrease in net income, assessing the factors contributing to this decline is essential. Potential considerations may include investments in growth initiatives, expansion costs, or the industry's short-term challenges. Investors can better understand the company's financial health by analyzing industry-wide financial data and comprehensively evaluating CAVA's business strategy.

CAVA operates within the dynamic eating places industry, where consumer preferences are rapidly evolving. The industry's landscape is characterized by constant innovation and changing trends driven by consumer demand for diverse dining experiences. CAVA has successfully carved out a competitive advantage in this dynamic environment by positioning itself as a Mediterranean fast-casual brand. This unique positioning sets CAVA apart from its competitors, allowing it to cater to health-conscious customers seeking flavorful yet nutritious dining options.

One of CAVA's key strengths is its ability to create bold flavor combinations reflecting diverse and vibrant Mediterranean culinary traditions. CAVA's menu offerings stand out in crowded restaurants by blending traditional ingredients and cooking techniques with modern twists. Moreover, the company's commitment to customization resonates with customers who value personalization and control over their dining experience. The ability to tailor meals to individual preferences satisfies customer demands and fosters a sense of engagement and ownership.

CAVA's understanding of the growing demand for nutritious, flavorful, and convenient dining experiences positions the company favorably within the industry. As health-conscious eating becomes increasingly mainstream, CAVA's menu offerings align with evolving consumer preferences. By offering a range of wholesome ingredients, CAVA caters to individuals seeking balanced meals that prioritize both taste and nutrition. This focus on healthful Mediterranean cuisine provides a solid foundation for CAVA to tap into the expanding market of consumers who prioritize their well-being.

Expanding its market reach and leveraging its strengths, CAVA has numerous growth opportunities on the horizon. The company can capitalize on the rising demand for nutritious dining options by expanding its footprint in existing markets and exploring new geographic regions. As consumers become more health-conscious, CAVA's commitment to providing flavorful and wholesome meals positions it well to capture a larger market share. Additionally, with its dips, spreads, and sauces, CAVA's entry into the grocery retail sector offers a strategic avenue for diversification and increased brand visibility. By expanding its product offerings beyond its restaurant locations, CAVA can tap into the growing consumer trend of preparing nutritious meals at home.

Like any company, CAVA faces risks and challenges that could impact its future performance. Intense competition within the fast-casual and health-focused restaurant segments constantly challenges CAVA's ability to maintain and expand its market share. The industry's competitive landscape is characterized by the presence of well-established players and emerging new entrants, all vying for consumer attention. To stay ahead, CAVA must continue differentiating itself through its menu innovation, quality, and exceptional customer service.

Furthermore, CAVA operates in an environment shaped by economic conditions, which can influence consumer spending patterns and dining-out behaviors. Economic downturns or changes in consumer disposable income could affect the demand for restaurant meals, potentially impacting CAVA's revenue and profitability. Additionally, evolving consumer preferences and dietary trends require the company to remain agile and responsive to shifts in the market. CAVA must proactively monitor and adapt to changing consumer needs, ensuring its menu offerings and overall brand experience remain relevant.

Moreover, regulatory challenges such as changing food safety regulations, labor laws, and environmental regulations can impact CAVA's operations and profitability. Staying compliant with these regulations and effectively managing any associated costs are essential for the company's long-term success.

CAVA must employ effective risk management practices to mitigate these risks and address potential challenges. This includes closely monitoring industry trends, conducting regular competitive analyses, and investing in research and development to stay at the forefront of evolving consumer preferences. By prioritizing innovation and adaptability, CAVA can proactively identify and seize opportunities while effectively navigating potential obstacles.

CAVA Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
62nd Percentile Overall Score

CAVA MarketRank™: 

CAVA Group scored higher than 62% of companies evaluated by MarketBeat, and ranked 126th out of 207 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CAVA Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CAVA Group has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about CAVA Group's stock forecast and price target.
  • Earnings Growth

    Earnings for CAVA Group are expected to grow by 18.60% in the coming year, from $0.43 to $0.51 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CAVA Group is 360.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CAVA Group is 360.97, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 37.01.

  • Price to Book Value per Share Ratio

    CAVA Group has a P/B Ratio of 26.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about CAVA Group's valuation and earnings.
  • Percentage of Shares Shorted

    11.59% of the float of CAVA Group has been sold short.
  • Short Interest Ratio / Days to Cover

    CAVA Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CAVA Group has recently decreased by 1.24%, indicating that investor sentiment is improving.
  • Dividend Yield

    CAVA Group does not currently pay a dividend.

  • Dividend Growth

    CAVA Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    11.59% of the float of CAVA Group has been sold short.
  • Short Interest Ratio / Days to Cover

    CAVA Group has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CAVA Group has recently decreased by 1.24%, indicating that investor sentiment is improving.
  • News Sentiment

    CAVA Group has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for CAVA Group this week, compared to 13 articles on an average week.
  • Search Interest

    Only 68 people have searched for CAVA on MarketBeat in the last 30 days. This is a decrease of -1% compared to the previous 30 days.
  • MarketBeat Follows

    35 people have added CAVA Group to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CAVA Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $38,310,084.00 in company stock.

  • Percentage Held by Insiders

    12.10% of the stock of CAVA Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    73.15% of the stock of CAVA Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CAVA Group's insider trading history.
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CAVA Stock News Headlines

At daytime. Group of young friends sitting together in bar with beer.
Dining Out, Cashing In: 2 Restaurant Stocks Leading the Pack (CAVA)
Some restaurants are cut above the rest. In this case, you can still have your CAKE and EAT it, too, with these two restaurant stocks on their way to new highs.
CAVA Group (NYSE:CAVA) Given New $140.00 Price Target at Citigroup
This man believes TSLA will reach $500 a share…
Even though shares of Tesla are only up 3% this year, one man believes Tesla’s next bull run is just around the corner. In his professional opinion, the share price could reach $500 or more… Now, we understand that may seem far-fetched, but as you’ll see in his new ebook, it’s not as crazy as it may sound. In fact, he argues a Trump presidency could make it happen much faster than you might think. which is why we’re emailing you now… For the time being, he’s giving away his Tesla ebook for free. Inside explains how shares could reach $500 in the near future.
Analysts Set CAVA Group, Inc. (NYSE:CAVA) Target Price at $116.93
Cava Group price target raised to $140 from $115 at Citi
William Blair Has Strong Estimate for CAVA Group Q3 Earnings
Reviewing CAVA Group (NYSE:CAVA) and Kona Grill (OTCMKTS:KONAQ)
See More Headlines

CAVA Stock Analysis - Frequently Asked Questions

CAVA Group's stock was trading at $42.98 at the start of the year. Since then, CAVA stock has increased by 210.7% and is now trading at $133.56.
View the best growth stocks for 2024 here
.

CAVA Group, Inc. (NYSE:CAVA) posted its quarterly earnings results on Thursday, August, 22nd. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm's revenue for the quarter was up 35.1% compared to the same quarter last year.

CAVA Group (CAVA) raised $318 million in an initial public offering on Thursday, June 15th 2023. The company issued 14,444,444 shares at $22.00 per share.

CAVA Group's top institutional investors include Armstrong Fleming & Moore Inc (0.23%), Nepsis Inc. (0.13%), Raymond James & Associates (0.11%) and International Assets Investment Management LLC (0.09%). Insiders that own company stock include International SCA Artal, Brett Schulman, Theodoros Xenohristos, Tricia K Tolivar, Kenneth Robert Bertram, Ronald M Shaich and Karen Kochevar.
View institutional ownership trends
.

Shares of CAVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CAVA Group investors own include American Water Works (AWK), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
8/22/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants, Hotels, Motels
Fax
N/A
Employees
8,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$118.71
High Stock Price Target
$140.00
Low Stock Price Target
$90.00
Potential Upside/Downside
-11.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$13.28 million
Pretax Margin
5.19%

Debt

Sales & Book Value

Annual Sales
$845.22 million
Cash Flow
$0.54 per share
Book Value
$5.02 per share

Miscellaneous

Free Float
100,488,000
Market Cap
$15.28 billion
Optionable
Optionable
Beta
3.33
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This page (NYSE:CAVA) was last updated on 10/31/2024 by MarketBeat.com Staff
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