Cava Group Inc (NYSE:CAVA) shares, rose in value on Wednesday, March 26, with the stock price down by -4.00% to the previous day’s close as strong demand from buyers drove the stock to $86.67.
Actively observing the price movement in the last trading, the stock closed the session at $90.28, falling within a range of $85.5 and $90.17. The PE ratio was 78.76 over 12-month period. Referring to stock’s 52-week performance, its high was $172.43, and the low was $58.22. On the whole, CAVA has fluctuated by -12.72% over the past month.
With the market capitalization of Cava Group Inc currently standing at about $10.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.19B, with a low estimate of 306.5M and a high estimate of 340.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 326.93M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CAVA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.61, with the price of CAVA currently trading nearly 3.24% and -20.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.13, while the 7-day volatility ratio is showing 5.06% which for the 30-day chart, stands at 6.35%. Furthermore, Cava Group Inc (CAVA)’s beta value is 3.53, and its average true range (ATR) is 5.54.
A comparison of Cava Group Inc (CAVA) with its peers suggests the former has fared considerably weaker in the market. CAVA showed an intraday change of -4.00% in last session, and over the past year, it grew by 27.53%%.
Data on historical trading for Cava Group Inc (NYSE:CAVA) indicates that the trading volumes over the past 10 days have averaged 3.64 and over the past 3 months, they’ve averaged 2.99 million. According to company’s latest data on outstanding shares, there are 115.09 million shares outstanding.
Nearly 14.49% of Cava Group Inc’s shares belong to company insiders and institutional investors own 61.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.36 million shares as on 2025-03-14, resulting in a short ratio of 2.12. According to the data, the short interest in Cava Group Inc (CAVA) stood at 1218.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.01 million. The stock has fallen by -23.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CAVA stock heading into the next quarter.
