Streetbeat News

CAVA

CAVA Group, Inc.

https://www.cava.com

Industry

Restaurants

CAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.

Open

137.75

Mkt cap

16B

Volume

3.7M

High

142.09

P/E Ratio

785.44

52-wk high

172.43

Low

135.10

Div yield

N/A

52-wk low

31.47

Investor Business Daily's SwingTrader has added CAVA Group to its portfolio, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 4:18 pm

In the past three months, 18 analysts have shared their insights on Cava Group (NYSE:CAVA), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has risen by 14.21% to $78.28. Analysts have recently raised their price targets, reflecting positive sentiment towards the company.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 6:00 pm

TD Cowen analyst Andrew Charles maintains a Buy rating on Cava Group (NYSE:CAVA) and raises the price target from $90 to $95.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 5:10 pm

CAVA Group shares are trading lower after a SEC filing disclosed that the company's largest shareholder, Artal International, filed a notice to sell 3 million shares following a conversion of Series E preferred stock into common stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:57 pm

On June 5, 2024, CAVA Group's largest shareholder, Artal International S.C.A., filed a notice with the SEC to sell 3 million shares following the conversion of Series E preferred stock into common stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 2:42 pm

The article highlights the pre-market movements of several consumer discretionary stocks on Thursday. Notable gainers include ECARX Holdings, TH International, Yoshiharu Global, Lululemon Athletica, Greenlane Holdings, and SunCar Tech Group. On the losing side, Big Lots, Five Below, Jowell Global, ZHONGCHAO, Interactive Strength, and Cava Group saw declines.

Portfolio Pulse from Benzinga Insights

June 06, 2024 | 12:07 pm

Financial giants have made significant bearish moves on Cava Group (NYSE:CAVA) through options trading. Analysis reveals 62% of trades were bearish, with notable put and call activities. The stock is currently down by 1.6%, trading at $86.59. Analysts have mixed ratings, with price targets ranging from $72 to $94.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 2:31 pm

CAVA Group shares are trading lower after JP Morgan downgraded the stock from Overweight to Neutral and announced a $77 price target.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:11 pm

Financial giants have shown a bearish sentiment towards Cava Group (NYSE:CAVA) with significant options activity. Analysis reveals 54% bearish trades, with a price range expectation between $40.0 and $140.0. The stock is currently down by 2.38% at $90.34, with mixed analyst ratings and a consensus target price of $85.4.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 2:16 pm

JP Morgan analyst John Ivankoe has downgraded Cava Group (NYSE:CAVA) from Overweight to Neutral and set a price target of $77.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 1:58 pm

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