Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Cava Group Inc (NYSE: CAVA) closed the day trading at $111.52 down -2.49% from the previous closing price of $114.37. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 2.04 million shares were traded. CAVA stock price reached its highest trading level at $113.51 during the session, while it also had its lowest trading level at $110.5946.
Ratios:
For a better understanding of CAVA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 288.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.93. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.53.
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, Bernstein on November 20, 2024, initiated with a Mkt Perform rating and assigned the stock a target price of $145.
On September 27, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $135.
Morgan Stanley Downgraded its Overweight to Equal-Weight on August 29, 2024, whereas the target price for the stock was revised from $90 to $110.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when SHAICH RONALD M sold 744,672 shares for $149.40 per share. The transaction valued at 111,253,997 led to the insider holds 0 shares of the business.
SHAICH RONALD M sold 622,549 shares of CAVA for $93,008,821 on Dec 09 ’24. The Director now owns 6,307 shares after completing the transaction at $149.40 per share. On Dec 09 ’24, another insider, Ronald M Shaich, who serves as the Officer of the company, bought 379,583 shares for $150.88 each.
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 12777961472 and an Enterprise Value of 12780562432. As of this moment, Cava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 244.94, and their Forward P/E ratio for the next fiscal year is 178.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.73 while its Price-to-Book (P/B) ratio in mrq is 20.73. Its current Enterprise Value per Revenue stands at 13.991 whereas that against EBITDA is 126.286.
Stock Price History:
Over the past 52 weeks, CAVA has reached a high of $172.43, while it has fallen to a 52-week low of $39.05. The 50-Day Moving Average of the stock is -17.19%, while the 200-Day Moving Average is calculated to be 9.01%.
Shares Statistics:
Over the past 3-months, CAVA traded about 2.65M shares per day on average, while over the past 10 days, CAVA traded about 2222650 shares per day. A total of 114.56M shares are outstanding, with a floating share count of 88.23M. Insiders hold about 23.00% of the company’s shares, while institutions hold 58.10% stake in the company. Shares short for CAVA as of 1734048000 were 9222122 with a Short Ratio of 3.48, compared to 1731628800 on 10880731. Therefore, it implies a Short% of Shares Outstanding of 9222122 and a Short% of Float of 12.16.
