Investors must take note of Cava Group Inc’s (CAVA) performance last week, which was 7.31%.

Cava Group Inc (NYSE: CAVA) kicked off on Friday, up 6.87% from the previous trading day, before settling in for the closing price of $77.60. Over the past 52 weeks, CAVA has traded in a range of $29.05-$81.74.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 20.99%. While this was happening, its average annual earnings per share was recorded 15.70%. With a float of $90.46 million, this company’s outstanding shares have now reached $113.58 million.

The extent of productivity of a business whose workforce counts for 8460 workers is very important to gauge.

Cava Group Inc (CAVA) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Cava Group Inc is 20.66%, while institutional ownership is 72.12%. The most recent insider transaction that took place on Mar 26 ’24, was worth 3,225,851. In this transaction Director of this company sold 47,239 shares at a rate of $68.29, taking the stock ownership to the 526,521 shares. Before that another transaction happened on Mar 21 ’24, when Company’s Director sold 2,000,000 for $66.25, making the entire transaction worth $132,500,000. This insider now owns 26,507,990 shares in total.

Cava Group Inc (CAVA) Latest Financial update

In the latest quarterly report, which was put into the public domain on 12/31/2023, the organization reported 0.21 earnings per share (EPS), higher than consensus estimate (set at -0.02) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 15.70% per share during the next fiscal year.

Cava Group Inc (NYSE: CAVA) Trading Performance Indicators

Take a look at Cava Group Inc’s (CAVA) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.12, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.33 in one year’s time.

Technical Analysis of Cava Group Inc (CAVA)

The latest stats from [Cava Group Inc, CAVA] show that its last 5-days average volume of 2.19 million was inferior to 2.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 59.87%. Additionally, its Average True Range was 3.64.

During the past 100 days, Cava Group Inc’s (CAVA) raw stochastic average was set at 97.19%, which indicates a significant increase from 89.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.27% in the past 14 days, which was lower than the 51.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $69.06, while its 200-day Moving Average is $48.35. Now, the first resistance to watch is $85.08. This is followed by the second major resistance level at $87.22. The third major resistance level sits at $90.25. If the price goes on to break the first support level at $79.91, it is likely to go to the next support level at $76.88. The third support level lies at $74.74 if the price breaches the second support level.

Cava Group Inc (NYSE: CAVA) Key Stats

The company with the Market Capitalisation of 9.45 billion has total of 114,010K Shares Outstanding. Its annual sales at the moment are 728,700 K in contrast with the sum of 13,280 K annual income. Company’s last quarter sales were recorded 177,170 K and last quarter income was 2,050 K.