CAVA Group (NYSE:CAVA – Free Report) had its price objective increased by Benchmark from $80.00 to $110.00 in a report issued on Monday morning, Marketbeat reports. They currently have a buy rating on the stock.
A number of other equities research analysts have also commented on CAVA. Wall Street Zen upgraded CAVA Group from a “sell” rating to a “hold” rating in a research report on Saturday, April 11th. Argus reiterated a “hold” rating on shares of CAVA Group in a research report on Friday, February 27th. Sanford C. Bernstein upped their target price on CAVA Group from $75.00 to $84.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Wolfe Research started coverage on CAVA Group in a research report on Monday, March 9th. They issued an “outperform” rating and a $93.00 target price on the stock. Finally, Mizuho upped their target price on CAVA Group from $72.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $88.15.
Get Our Latest Analysis on CAVA Group
CAVA Group Stock Performance
CAVA Group (NYSE:CAVA – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. CAVA Group had a return on equity of 8.43% and a net margin of 5.40%.The business had revenue of $274.99 million for the quarter, compared to analyst estimates of $268.04 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The company’s revenue was up 20.9% on a year-over-year basis. As a group, equities analysts forecast that CAVA Group will post 0.5 earnings per share for the current year.
Insider Buying and Selling
In other CAVA Group news, insider Theodoros Xenohristos sold 1,039 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $62.14, for a total value of $64,563.46. Following the completion of the transaction, the insider directly owned 332,205 shares of the company’s stock, valued at approximately $20,643,218.70. The trade was a 0.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Brett Schulman sold 21,650 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $67.41, for a total value of $1,459,426.50. Following the completion of the transaction, the chief executive officer directly owned 807,325 shares of the company’s stock, valued at $54,421,778.25. The trade was a 2.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 39,055 shares of company stock valued at $2,572,303 in the last three months. 12.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Liontrust Investment Partners LLP acquired a new position in CAVA Group in the third quarter valued at approximately $43,189,000. Leibman Financial Services Inc. lifted its holdings in CAVA Group by 162.9% in the fourth quarter. Leibman Financial Services Inc. now owns 67,324 shares of the company’s stock valued at $3,951,000 after acquiring an additional 41,712 shares during the period. Alliancebernstein L.P. lifted its holdings in CAVA Group by 118.3% in the third quarter. Alliancebernstein L.P. now owns 2,953,688 shares of the company’s stock valued at $178,432,000 after acquiring an additional 1,600,630 shares during the period. Renaissance Capital LLC lifted its holdings in CAVA Group by 42.7% in the third quarter. Renaissance Capital LLC now owns 105,730 shares of the company’s stock valued at $6,387,000 after acquiring an additional 31,651 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in CAVA Group by 57.7% in the third quarter. Envestnet Asset Management Inc. now owns 222,499 shares of the company’s stock valued at $13,441,000 after acquiring an additional 81,393 shares during the period. 73.15% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about CAVA Group
Here are the key news stories impacting CAVA Group this week:
- Positive Sentiment: Benchmark raised its price target from $80 to $110 and reiterated a Buy rating, a material lift to investor sentiment that signals stronger analyst confidence in growth and supports further upside. Benchmark Raises PT to $110
- Positive Sentiment: KeyCorp raised its target from $95 to $105 and kept an Overweight rating — another institutional bullish signal that likely contributed to the stock strength and may attract momentum-driven flows. KeyCorp Raises PT to $105
- Positive Sentiment: Market write-ups note CAVA is outperforming the broader market today, attributing the move to the analyst upgrades and ongoing growth narrative following recent quarterly revenue/earnings beats. Cava Group (CAVA) Gains As Market Dips
- Neutral Sentiment: Coverage pieces asking whether CAVA is “worth watching” or evaluating the stock’s momentum provide balanced analysis that can increase retail attention and trading volume but don’t decisively change fundamentals. Is CAVA Group Stock Worth Watching Right Now
- Negative Sentiment: Several articles highlight valuation concerns — questioning whether recent momentum has pushed CAVA above a justified valuation and noting evolving guidance trade-offs. These pieces can temper gains and prompt profit-taking, especially given CAVA’s high P/E and premium growth multiple. How The CAVA Group (CAVA) Growth Narrative Is Evolving With New Guidance And Valuation Concerns
CAVA Group Company Profile
CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.
Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.
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