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

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

CAVA has been the subject of a number of other reports. Robert W. Baird upped their price target on shares of CAVA Group from $125.00 to $148.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Barclays cut their target price on CAVA Group from $127.00 to $104.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Citigroup decreased their price target on CAVA Group from $163.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, February 21st. TD Securities cut their price objective on CAVA Group from $150.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Stifel Nicolaus increased their target price on CAVA Group from $118.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, CAVA Group presently has an average rating of “Moderate Buy” and a consensus target price of $131.47.

CAVA Group Price Performance

NYSE:CAVA opened at $94.98 on Wednesday. The firm has a market capitalization of $10.88 billion, a price-to-earnings ratio of 206.47 and a beta of 3.25. The business has a 50 day simple moving average of $121.21 and a 200-day simple moving average of $125.53. CAVA Group has a 1 year low of $56.03 and a 1 year high of $172.43.

CAVA Group (NYSE:CAVA) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). CAVA Group had a return on equity of 9.10% and a net margin of 5.88%. The company had revenue of $227.40 million during the quarter, compared to the consensus estimate of $223.34 million. As a group, analysts expect that CAVA Group will post 0.5 earnings per share for the current fiscal year.

Insider Buying and Selling at CAVA Group

In other news, Director Ronald M. Shaich sold 622,549 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $149.40, for a total transaction of $93,008,820.60. Following the transaction, the director now directly owns 6,307 shares in the company, valued at approximately $942,265.80. This trade represents a 99.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kenneth Robert Bertram sold 678 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $124.39, for a total transaction of $84,336.42. Following the completion of the transaction, the insider now directly owns 57,312 shares of the company’s stock, valued at $7,129,039.68. This trade represents a 1.17 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 651,784 shares of company stock valued at $96,522,922. Company insiders own 12.10% of the company’s stock.

Institutional Investors Weigh In On CAVA Group

Institutional investors have recently added to or reduced their stakes in the stock. Creative Planning lifted its position in shares of CAVA Group by 22.6% during the third quarter. Creative Planning now owns 6,185 shares of the company’s stock valued at $766,000 after buying an additional 1,139 shares during the last quarter. Financial Advocates Investment Management lifted its position in CAVA Group by 12.6% during the third quarter. Financial Advocates Investment Management now owns 3,125 shares of the company’s stock valued at $387,000 after acquiring an additional 349 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in CAVA Group by 175.9% in the third quarter. Gladstone Institutional Advisory LLC now owns 6,056 shares of the company’s stock valued at $750,000 after acquiring an additional 3,861 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in CAVA Group by 6.3% in the third quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock worth $237,000 after purchasing an additional 113 shares during the last quarter. Finally, Lansing Street Advisors acquired a new position in shares of CAVA Group during the third quarter worth $367,000. Institutional investors own 73.15% of the company’s stock.

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.