Cava Group Inc (CAVA)’s Market Momentum: Closing Strong at 138.65, Up 1.53

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As of close of business last night, Cava Group Inc’s stock clocked out at $138.65, up 1.53% from its previous closing price of $136.56. In other words, the price has increased by $1.53 from its previous closing price. On the day, 2.03 million shares were traded. CAVA stock price reached its highest trading level at $139.4105 during the session, while it also had its lowest trading level at $137.46.

Ratios:

To gain a deeper understanding of CAVA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1430.55. For the most recent quarter (mrq), Quick Ratio is recorded 2.93 and its Current Ratio is at 2.99. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.54.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on September 27, 2024, initiated with a Neutral rating and assigned the stock a target price of $135.

On August 29, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $90 to $110.

Citigroup reiterated its Neutral rating for the stock on August 23, 2024, while the target price for the stock was revised from $93 to $115.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 16 ’24 when WHITE JAMES D sold 1,000 shares for $122.45 per share. The transaction valued at 122,450 led to the insider holds 3,807 shares of the business.

JAMES WHITE bought 1,000 shares of CAVA for $122,449 on Sep 16 ’24. On Sep 09 ’24, another insider, SHAICH RONALD M, who serves as the Director of the company, sold 478,972 shares for $117.90 each. As a result, the insider received 56,470,799 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAVA now has a Market Capitalization of 15850605568 and an Enterprise Value of 15865936896. As of this moment, Cava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 381.22, and their Forward P/E ratio for the next fiscal year is 266.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 9.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.75 while its Price-to-Book (P/B) ratio in mrq is 26.62. Its current Enterprise Value per Revenue stands at 18.771 whereas that against EBITDA is 180.685.

Stock Price History:

Over the past 52 weeks, CAVA has reached a high of $138.12, while it has fallen to a 52-week low of $29.66. The 50-Day Moving Average of the stock is 13.12%, while the 200-Day Moving Average is calculated to be 65.44%.

Shares Statistics:

It appears that CAVA traded 2.96M shares on average per day over the past three months and 1599590 shares per day over the past ten days. A total of 113.58M shares are outstanding, with a floating share count of 96.07M. Insiders hold about 15.96% of the company’s shares, while institutions hold 67.78% stake in the company. Shares short for CAVA as of 1727654400 were 11274627 with a Short Ratio of 3.81, compared to 1724976000 on 11729939. Therefore, it implies a Short% of Shares Outstanding of 11274627 and a Short% of Float of 14.92.

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