Cava Group Inc (NYSE: CAVA) On Tuesday, plunged -1.86% from the previous trading day, before settling in for the closing price of $114.04. Within the past 52 weeks, CAVA’s price has moved between $29.05 and $128.18.
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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%. The company achieved an average annual earnings per share of 99.61%. With a float of $94.91 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. In terms of profitability, gross margin is 18.59%, operating margin of 5.43%, and the pretax margin is 5.19%.
Cava Group Inc (CAVA) Insider Updates
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Cava Group Inc is 16.98%, while institutional ownership is 68.98%. The most recent insider transaction that took place on Aug 28 ’24, was worth 6,574,923. In this transaction Director of this company sold 55,273 shares at a rate of $118.95, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Director sold 54,780 for $118.95, making the entire transaction worth $6,516,278. This insider now owns 6,307 shares in total.
Cava Group Inc (CAVA) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.06 earnings per share (EPS) for the period topping the consensus outlook (set at -0.01) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 99.61% per share during the next fiscal year.
Cava Group Inc (NYSE: CAVA) Trading Performance Indicators
Cava Group Inc (CAVA) is currently performing well based on its current performance indicators. A quick ratio of 2.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.14. Likewise, its price to free cash flow for the trailing twelve months is 1154.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.36, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.50 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 5.59 million was superior to 2.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 52.25%. Additionally, its Average True Range was 5.83.
During the past 100 days, Cava Group Inc’s (CAVA) raw stochastic average was set at 76.76%, which indicates a significant increase from 53.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 88.70% in the past 14 days, which was higher than the 59.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.56, while its 200-day Moving Average is $67.31. Now, the first resistance to watch is $114.41. This is followed by the second major resistance level at $116.89. The third major resistance level sits at $118.93. If the price goes on to break the first support level at $109.89, it is likely to go to the next support level at $107.85. Assuming the price breaks the second support level, the third support level stands at $105.37.
Cava Group Inc (NYSE: CAVA) Key Stats
Market capitalization of the company is 12.79 billion based on 114,028K outstanding shares. Right now, sales total 728,700 K and income totals 13,280 K. The company made 233,500 K in profit during its latest quarter, and 19,740 K in sales during its previous quarter.
