CAVA Group’s (CAVA) Outperform Rating Reiterated at William Blair

William Blair reaffirmed their outperform rating on shares of CAVA Group (NYSE:CAVA) in a research report released 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.

A number of other research analysts also recently weighed in on CAVA. Barclays lowered 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 research report on Wednesday. Morgan Stanley increased their price target on CAVA Group from $123.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, November 14th. Wedbush reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of CAVA Group in a report on Wednesday. UBS Group lowered their target price on CAVA Group from $160.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Finally, TD Securities cut their price target on CAVA Group from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday. Seven research analysts have rated the stock with a hold rating and nine 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 $131.47.

CAVA Group Trading Up 5.4 %

CAVA Group stock opened at $94.98 on Wednesday. CAVA Group has a 12 month low of $56.03 and a 12 month high of $172.43. The stock has a fifty day simple moving average of $121.21 and a two-hundred day simple moving average of $125.53. The firm has a market cap of $10.88 billion, a price-to-earnings ratio of 206.47 and a beta of 3.25.

CAVA Group (NYSE:CAVA) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). CAVA Group had a return on equity of 9.10% and a net margin of 5.88%. The business had revenue of $227.40 million during the quarter, compared to the consensus estimate of $223.34 million. On average, equities research analysts forecast that CAVA Group will post 0.5 EPS for the current fiscal year.

Insider Transactions at CAVA Group

In related news, CFO Tricia K. Tolivar sold 2,086 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $119.18, for a total value of $248,609.48. Following the transaction, the chief financial officer now directly owns 235,592 shares of the company’s stock, valued at approximately $28,077,854.56. The trade was a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Adam David Phillips sold 615 shares of the stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $124.39, for a total transaction of $76,499.85. Following the sale, the chief accounting officer now directly owns 10,884 shares of the company’s stock, valued at approximately $1,353,860.76. This trade represents a 5.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 651,784 shares of company stock valued at $96,522,922 over the last three months. Corporate insiders own 12.10% of the company’s stock.

Hedge Funds Weigh In On CAVA Group

Several institutional investors have recently bought and sold shares of CAVA. Jennison Associates LLC lifted its stake in CAVA Group by 36,658.7% in the 4th quarter. Jennison Associates LLC now owns 2,461,732 shares of the company’s stock worth $277,683,000 after purchasing an additional 2,455,035 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of CAVA Group by 20.4% in the fourth quarter. Vanguard Group Inc. now owns 8,011,602 shares of the company’s stock worth $903,709,000 after buying an additional 1,357,187 shares in the last quarter. Man Group plc boosted its stake in CAVA Group by 563.7% during the fourth quarter. Man Group plc now owns 935,075 shares of the company’s stock valued at $105,476,000 after buying an additional 794,187 shares during the last quarter. Geode Capital Management LLC grew its holdings in CAVA Group by 121.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,222,834 shares of the company’s stock valued at $151,492,000 after buying an additional 669,599 shares in the last quarter. Finally, Barclays PLC increased its stake in CAVA Group by 116.7% in the 4th quarter. Barclays PLC now owns 84,755 shares of the company’s stock worth $9,560,000 after acquiring an additional 591,866 shares during the last quarter. 73.15% of the stock is owned by hedge funds and other institutional investors.

CAVA Group Company Profile

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.