Across the recent three months, 18 analysts have shared their insights on Cava Group CAVA, expressing a variety of opinions spanning from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 6 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 3 | 3 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 4 | 2 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $78.28, a high estimate of $95.00, and a low estimate of $58.00. Witnessing a positive shift, the current average has risen by 14.21% from the previous average price target of $68.54.
Decoding Analyst Ratings: A Detailed Look
In examining recent analyst actions, we gain insights into how financial experts perceive Cava Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Andrew Charles | TD Cowen | Raises | Buy | $95.00 | $90.00 |
| John Ivankoe | JP Morgan | Announces | Neutral | $77.00 | - |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $72.00 | $58.00 |
| Andy Barish | Jefferies | Raises | Buy | $94.00 | $72.00 |
| Brian Harbour | Morgan Stanley | Raises | Overweight | $85.00 | $68.00 |
| David Tarantino | Baird | Raises | Outperform | $92.00 | $90.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $90.00 | $74.00 |
| Andrew Charles | TD Cowen | Raises | Buy | $90.00 | $73.00 |
| Chris O'Cull | Stifel | Raises | Buy | $90.00 | $66.00 |
| Jon Tower | Citigroup | Raises | Neutral | $81.00 | $60.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $74.00 | $65.00 |
| Jeffrey Bernstein | Barclays | Announces | Equal-Weight | $58.00 | - |
| Brian Harbour | Morgan Stanley | Raises | Overweight | $68.00 | $62.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $73.00 | - |
| Andrew Charles | TD Cowen | Raises | Buy | $73.00 | $63.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $63.00 | - |
| Christine Dooley | Argus Research | Announces | Buy | $70.00 | - |
| John Ivankoe | JP Morgan | Raises | Overweight | $64.00 | $50.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Cava Group. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cava Group compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Cava Group's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Cava Group's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Cava Group analyst ratings.
Delving into Cava Group's Background
Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's dips, spreads, and dressings are centrally produced and sold in grocery stores. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen. The company generates the majority of its revenue from the CAVA segment.
Cava Group: Delving into Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Cava Group's revenue growth over a period of 3 months has been noteworthy. As of 30 April, 2024, the company achieved a revenue growth rate of approximately 27.54%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.4%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Cava Group's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.41%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Cava Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.39% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Cava Group's debt-to-equity ratio is below the industry average at 0.6, reflecting a lower dependency on debt financing and a more conservative financial approach.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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