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

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

Ten stocks, including NIO and Best Buy, were the best performers last week. Key drivers included strong earnings reports, raised guidance, and analyst upgrades.

Portfolio Pulse from Lekha Gupta

June 02, 2024 | 2:57 pm

Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Cava Group (NYSE:CAVA) and raises the price target from $58 to $72.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:07 pm

CAVA Group shares are trading higher, rebounding after a decline on Wednesday.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 3:12 pm

Whales have shown unusual options activity for Cava Group (NYSE:CAVA) with a mixed sentiment. The stock is currently trading at $90.44, up by 2.59%. Analysts have mixed ratings with an average target price of $88.0.

Portfolio Pulse from Benzinga Insights

May 30, 2024 | 2:02 pm

Jefferies analyst Andy Barish maintains a Buy rating on Cava Group (NYSE:CAVA) and raises the price target from $72 to $94.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 7:44 pm

CAVA Group Inc. (NYSE:CAVA) reported a 30.3% increase in first-quarter revenue to $256.3 million, beating estimates. Quarterly earnings of $0.12 also surpassed expectations. Wedbush maintains an Outperform rating, raising the price target from $74 to $90, citing positive transaction growth and strong long-term prospects.

Portfolio Pulse from Vandana Singh

May 29, 2024 | 6:57 pm

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