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

139.67

Mkt cap

16B

Volume

1.8M

High

141.62

P/E Ratio

785.44

52-wk high

141.62

Low

137.88

Div yield

N/A

52-wk low

29.66

Shares of companies within the consumer discretionary sector are trading higher due to overall market strength following softer-than-expected July PPI figures, which could alleviate some inflation concerns and boost consumer sentiment outlook.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 7:44 pm

CAVA Group, Inc. (NYSE:CAVA) shares are moving significantly higher on Friday, trading on higher-than-average volume and trending on social media. Investors are anticipating the company's upcoming second-quarter earnings report on August 22, 2024. Sweetgreen Inc. (NYSE:SG) shares are also trading higher after reporting better-than-expected second-quarter revenue results.

Portfolio Pulse from Vaishali Prayag

August 09, 2024 | 7:07 pm

The article highlights significant options activity in the Consumer Discretionary sector, focusing on trades involving companies like TSLA, NKE, RCL, SG, GM, AMZN, AAP, CAVA, HLT, and BKNG. These activities include both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 09, 2024 | 5:35 pm

Analysts have provided mixed ratings for Cava Group (NYSE:CAVA) over the past three months, with a recent increase in the average 12-month price target to $88.92. The company has shown strong revenue growth and profitability, but faces challenges in return on equity.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 7:00 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Cava Group (NYSE:CAVA) and maintained a $100 price target.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 6:01 pm

Jim Cramer provided stock recommendations on CNBC's 'Mad Money Lightning Round.' He advised holding Salesforce (CRM), taking profits on ADMA Biologics (ADMA) and Ouster (OUST), holding Vertiv Holdings (VRT) and Suncor Energy (SU), and buying Pinterest (PINS) aggressively. Recent analyst ratings and upcoming earnings reports were also highlighted.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 1:16 pm

Deep-pocketed investors have adopted a bearish approach towards Cava Group (NYSE:CAVA), as revealed by Benzinga's options scanner. The scanner highlighted 13 extraordinary options activities, with 53% of the sentiment being bearish. The stock is currently trading at $80.24, down by 1.52%, and is considered oversold based on RSI readings. Analysts from Wedbush and Morgan Stanley maintain positive ratings with target prices of $100 and $90, respectively.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 3:01 pm

Cava Group (NYSE:CAVA) has seen a 5.67% increase in its short percent of float, now at 13.79% of all regular shares available for trading. This is higher than the peer group average of 9.83%. It would take traders 3.72 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 2:00 pm

Morgan Stanley analyst Brian Harbour maintains an Overweight rating on Cava Group (NYSE:CAVA) and raises the price target from $85 to $90.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 4:34 pm

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bullish sentiment for TSLA, MBLY, BABA, PENN, HOG, and BBWI, and bearish sentiment for AMZN, GME, and CAVA.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 5:35 pm

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