Quarterly Metrics: Quick and Current Ratios for Cava Group Inc (CAVA)

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As of close of business last night, Cava Group Inc’s stock clocked out at $81.44, down -1.25% from its previous closing price of $82.47. In other words, the price has decreased by -$1.25 from its previous closing price. On the day, 1.62 million shares were traded. CAVA stock price reached its highest trading level at $83.95 during the session, while it also had its lowest trading level at $80.26.

Ratios:

To gain a deeper understanding of CAVA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.11 and its Current Ratio is at 3.16. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.54.

On May 30, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $63 to $92.

On April 15, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $58.Barclays initiated its Equal Weight rating on April 15, 2024, with a $58 target price.

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 Jul 01 ’24 when Tolivar Tricia K. sold 5,949 shares for $94.47 per share. The transaction valued at 562,019 led to the insider holds 297,600 shares of the business.

Bosserman David sold 30,000 shares of CAVA for $2,760,873 on Jun 25 ’24. The Director now owns 117,270 shares after completing the transaction at $92.03 per share. On Jun 24 ’24, another insider, Xenohristos Theodoros, who serves as the Director of the company, sold 90,000 shares for $91.01 each. As a result, the insider received 8,190,900 and left with 424,846 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 9286440960 and an Enterprise Value of 9425557504. As of this moment, Cava’s Price-to-Earnings (P/E) ratio for their current fiscal year is 320.13, and their Forward P/E ratio for the next fiscal year is 174.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.84 while its Price-to-Book (P/B) ratio in mrq is 15.99. Its current Enterprise Value per Revenue stands at 12.013 whereas that against EBITDA is 124.441.

Stock Price History:

Over the past 52 weeks, CAVA has reached a high of $98.69, while it has fallen to a 52-week low of $29.05. The 50-Day Moving Average of the stock is -6.40%, while the 200-Day Moving Average is calculated to be 37.70%.

Shares Statistics:

It appears that CAVA traded 3.09M shares on average per day over the past three months and 2025450 shares per day over the past ten days. A total of 113.58M shares are outstanding, with a floating share count of 92.99M. Insiders hold about 18.45% of the company’s shares, while institutions hold 76.59% stake in the company. Shares short for CAVA as of 1721001600 were 10477445 with a Short Ratio of 3.39, compared to 1718323200 on 9827358. Therefore, it implies a Short% of Shares Outstanding of 10477445 and a Short% of Float of 13.919999999999998.

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