CAVA Group (NYSE:CAVA) Raised to "Strong-Buy" at KeyCorp

CAVA Group (NYSE:CAVA - Get Free Report) was upgraded by research analysts at KeyCorp to a "strong-buy" rating in a research report issued on Tuesday, MarketBeat reports. KeyCorp also issued estimates for CAVA Group's Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.58 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $0.72 EPS.

Several other analysts have also recently commented on the company. Barclays dropped their price target on CAVA Group from $104.00 to $90.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. TD Securities reissued a "buy" rating and issued a $120.00 price target on shares of CAVA Group in a research note on Friday, May 16th. Stifel Nicolaus dropped their price objective on shares of CAVA Group from $175.00 to $125.00 and set a "buy" rating for the company in a research note on Wednesday, June 18th. Citigroup increased their price objective on shares of CAVA Group from $114.00 to $115.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, Robert W. Baird raised their target price on shares of CAVA Group from $105.00 to $115.00 and gave the stock an "outperform" rating in a research note on Friday, May 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, CAVA Group has an average rating of "Moderate Buy" and a consensus target price of $117.82.

CAVA Group Stock Performance

Shares of CAVA Group stock traded up $4.23 on Tuesday, hitting $86.94. The company's stock had a trading volume of 4,952,461 shares, compared to its average volume of 3,227,266. The firm has a fifty day moving average price of $84.82 and a 200-day moving average price of $97.70. CAVA Group has a 1 year low of $70.00 and a 1 year high of $172.43. The company has a market capitalization of $10.06 billion, a price-to-earnings ratio of 146.64, a price-to-earnings-growth ratio of 4.06 and a beta of 2.65.

CAVA Group (NYSE:CAVA - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. CAVA Group had a net margin of 13.70% and a return on equity of 10.61%. The firm had revenue of $331.83 million for the quarter, compared to analyst estimates of $327.98 million. During the same period last year, the company posted $0.12 EPS. CAVA Group's quarterly revenue was up 28.1% compared to the same quarter last year. As a group, analysts forecast that CAVA Group will post 0.5 EPS for the current year.

Insiders Place Their Bets

In related news, CAO Adam David Phillips sold 739 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $75.16, for a total transaction of $55,543.24. Following the completion of the sale, the chief accounting officer directly owned 11,063 shares of the company's stock, valued at approximately $831,495.08. This trade represents a 6.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tricia K. Tolivar sold 4,845 shares of the firm's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $75.16, for a total value of $364,150.20. Following the sale, the chief financial officer directly owned 236,345 shares of the company's stock, valued at $17,763,690.20. The trade was a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 67,951 shares of company stock worth $5,409,027. 6.80% of the stock is currently owned by company insiders.

Institutional Trading of CAVA Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its position in shares of CAVA Group by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 527,868 shares of the company's stock worth $59,544,000 after purchasing an additional 11,776 shares during the last quarter. GAMMA Investing LLC grew its position in CAVA Group by 17,386.7% in the 1st quarter. GAMMA Investing LLC now owns 73,794 shares of the company's stock valued at $6,377,000 after acquiring an additional 73,372 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in CAVA Group in the 4th quarter valued at about $2,697,000. Natixis Advisors LLC grew its position in CAVA Group by 54.1% in the 4th quarter. Natixis Advisors LLC now owns 16,922 shares of the company's stock valued at $1,909,000 after acquiring an additional 5,940 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in CAVA Group by 46.7% in the 4th quarter. Victory Capital Management Inc. now owns 29,851 shares of the company's stock valued at $3,367,000 after acquiring an additional 9,497 shares in the last quarter. 73.15% of the stock is owned by institutional investors and hedge funds.

CAVA Group Company Profile

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.