Cava Group Inc [NYSE: CAVA] price surged by 1.96 percent to reach at $2.9.
The one-year CAVA stock forecast points to a potential upside of 3.81. The average equity rating for CAVA stock is currently 2.22, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Cava Group Inc [CAVA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CAVA shares is $156.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CAVA stock is a recommendation set at 2.22. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Cava Group Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 20, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on September 27, 2024, representing the official price target for Cava Group Inc stock. Previously, the target price had yet another raise from $90 to $110, while Morgan Stanley kept a Equal-Weight rating on CAVA stock. On August 23, 2024, analysts increased their price target for CAVA shares from 93 to 115.
The Average True Range (ATR) for Cava Group Inc is set at 6.11, with the Price to Sales ratio for CAVA stock in the period of the last 12 months amounting to 18.88. The Price to Book ratio for the last quarter was 27.97, with the Price to Cash per share for the same quarter was set at 3.20. Price to Free Cash Flow for CAVA in the course of the last twelve months was 395.87 with Quick ratio for the last quarter at 2.87.
CAVA Stock Performance Analysis:
Cava Group Inc [CAVA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.59. With this latest performance, CAVA shares gained by 13.57% in over the last four-week period, additionally plugging by 76.98% over the last 6 months – not to mention a rise of 317.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CAVA stock in for the last two-week period is set at 65.19, with the RSI for the last a single of trading hit 69.43, and the three-weeks RSI is set at 63.66 for Cava Group Inc [CAVA]. The present Moving Average for the last 50 days of trading for this stock 136.52, while it was recorded at 144.34 for the last single week of trading, and 97.15 for the last 200 days.
Insight into Cava Group Inc Fundamentals:
Cava Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.87 and a Current Ratio set at 2.93.
CAVA Stock EPS
With the latest financial reports released by the company, Cava Group Inc posted 0.03/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CAVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cava Group Inc go to 30.00%.
Cava Group Inc [CAVA] Institutonal Ownership Details
There are presently around $66.85%, or 73.60%% of CAVA stock, in the hands of institutional investors. The top three institutional holders of CAVA stocks are: ARTAL GROUP S.A. with ownership of 23.51 million shares, which is approximately 20.5976%. VANGUARD GROUP INC, holding 5.6 million shares of the stock with an approximate value of $$519.45 million in CAVA stocks shares; and VANGUARD GROUP INC, currently with $$458.25 million in CAVA stock with ownership which is approximately 4.329%.
