13 analysts have shared their evaluations of Cava Group CAVA during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 6 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 2 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 3 | 3 | 2 | 0 | 0 |
Analysts have recently evaluated Cava Group and provided 12-month price targets. The average target is $88.92, accompanied by a high estimate of $100.00 and a low estimate of $72.00. Marking an increase of 15.23%, the current average surpasses the previous average price target of $77.17.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Cava Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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 |
|---|---|---|---|---|---|
| Nick Setyan | Wedbush | Maintains | Outperform | $100.00 | $100.00 |
| Brian Harbour | Morgan Stanley | Raises | Overweight | $90.00 | $85.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $100.00 | $90.00 |
| 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 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Cava Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Cava Group compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Cava Group's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Cava Group's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Cava Group analyst ratings.
Unveiling the Story Behind Cava Group
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: A Financial Overview
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Cava Group displayed positive results in 3 months. As of 30 April, 2024, the company achieved a solid revenue growth rate of approximately 27.54%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Cava Group's net margin is impressive, surpassing industry averages. With a net margin of 5.4%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Cava Group's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.41%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Cava Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.39%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.6.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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