On Friday, Cava Group Inc (NYSE: CAVA) opened lower -1.85% from the last session, before settling in for the closing price of $138.65. Price fluctuations for CAVA have ranged from $29.66 to $139.50 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 20.99%. Company’s average yearly earnings per share was noted 102.89% at the time writing. With a float of $96.07 million, this company’s outstanding shares have now reached $113.58 million.
Let’s determine the extent of company efficiency that accounts for 8460 employees. 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 Activity
A key investor’s attitude towards the stock of the Restaurants industry is another important factor to consider. The insider ownership of Cava Group Inc is 15.96%, while institutional ownership is 67.76%. The most recent insider transaction that took place on Sep 16 ’24, was worth 122,450. In this transaction Director of this company sold 1,000 shares at a rate of $122.45, taking the stock ownership to the 3,807 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Director proposed sale 1,000 for $122.45, making the entire transaction worth $122,449.
Cava Group Inc (CAVA) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 102.89% per share during the next fiscal year.
Cava Group Inc (NYSE: CAVA) Trading Performance Indicators
Check out the current performance indicators for Cava Group Inc (CAVA). In the past quarter, the stock posted a quick ratio of 2.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.41. Likewise, its price to free cash flow for the trailing twelve months is 1404.13.
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 0.52 in one year’s time.
Technical Analysis of Cava Group Inc (CAVA)
Looking closely at Cava Group Inc (NYSE: CAVA), its last 5-days average volume was 1.62 million, which is a drop from its year-to-date volume of 2.72 million. As of the previous 9 days, the stock’s Stochastic %D was 79.97%. Additionally, its Average True Range was 3.93.
During the past 100 days, Cava Group Inc’s (CAVA) raw stochastic average was set at 93.29%, which indicates a significant increase from 67.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.35% in the past 14 days, which was lower than the 50.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $123.34, while its 200-day Moving Average is $84.28. However, in the short run, Cava Group Inc’s stock first resistance to watch stands at $139.27. Second resistance stands at $142.46. The third major resistance level sits at $144.22. If the price goes on to break the first support level at $134.32, it is likely to go to the next support level at $132.56. Should the price break the second support level, the third support level stands at $129.37.
Cava Group Inc (NYSE: CAVA) Key Stats
There are currently 114,028K shares outstanding in the company with a market cap of 15.56 billion. Presently, the company’s annual sales total 728,700 K according to its annual income of 13,280 K. Last quarter, the company’s sales amounted to 233,500 K and its income totaled 19,740 K.
