CAVA Group (NYSE:CAVA) Receives “Outperform” Rating from William Blair

CAVA Group (NYSE:CAVA)‘s stock had its “outperform” rating reaffirmed by equities research analysts at William Blair in a research note issued on Wednesday,RTT News reports. William Blair also issued estimates for CAVA Group’s Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.16 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at $0.65 EPS.

Other analysts have also issued reports about the stock. Piper Sandler lifted their price target on shares of CAVA Group from $100.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Barclays dropped their price objective on shares of CAVA Group from $127.00 to $104.00 and set an “equal weight” rating on the stock in a report on Wednesday. Stifel Nicolaus raised their price objective on shares of CAVA Group from $118.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Citigroup dropped their price objective on shares of CAVA Group from $163.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, February 21st. Finally, Loop Capital raised their price objective on shares of CAVA Group from $122.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, November 14th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $133.27.

CAVA Group Stock Down 9.0 %

Shares of CAVA stock opened at $90.02 on Wednesday. The company has a 50 day moving average price of $121.75 and a 200-day moving average price of $125.78. CAVA Group has a 52 week low of $54.21 and a 52 week high of $172.43. The firm has a market capitalization of $10.31 billion, a PE ratio of 195.69 and a beta of 3.25.

CAVA Group (NYSE:CAVA) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). CAVA Group had a return on equity of 9.10% and a net margin of 5.88%. The company had revenue of $227.40 million during the quarter, compared to the consensus estimate of $223.34 million. Analysts anticipate that CAVA Group will post 0.5 earnings per share for the current year.

Insider Transactions at CAVA Group

In other news, CEO Brett Schulman sold 20,564 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $119.18, for a total value of $2,450,817.52. Following the transaction, the chief executive officer now owns 776,369 shares of the company’s stock, valued at approximately $92,527,657.42. The trade was a 2.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronald M. Shaich sold 622,549 shares of the business’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $149.40, for a total transaction of $93,008,820.60. Following the completion of the transaction, the director now directly owns 6,307 shares in the company, valued at $942,265.80. This trade represents a 99.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 651,784 shares of company stock valued at $96,522,922. 12.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CAVA Group

Large investors have recently bought and sold shares of the business. Conway Capital Management Inc. bought a new stake in CAVA Group in the third quarter worth $5,524,000. Entropy Technologies LP bought a new stake in CAVA Group in the fourth quarter worth $2,097,000. Empowered Funds LLC bought a new stake in CAVA Group in the fourth quarter worth $5,007,000. SpiderRock Advisors LLC increased its position in CAVA Group by 8.9% in the third quarter. SpiderRock Advisors LLC now owns 479,319 shares of the company’s stock worth $59,364,000 after purchasing an additional 39,319 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in CAVA Group by 262.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 516,092 shares of the company’s stock worth $63,918,000 after purchasing an additional 373,835 shares during the last quarter. Institutional investors own 73.15% of the company’s stock.

About CAVA Group

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.