Analysts' ratings for Cava Group CAVA over the last quarter vary from bullish to bearish, as provided by 16 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 5 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 4 | 3 | 4 | 0 | 0 |
| 2M Ago | 0 | 2 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Cava Group, presenting an average target of $106.19, a high estimate of $125.00, and a low estimate of $77.00. This current average has increased by 16.18% from the previous average price target of $91.40.
Interpreting Analyst Ratings: A Closer Look
The analysis of recent analyst actions sheds light on the perception of Cava Group by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brian Harbour | Morgan Stanley | Raises | Equal-Weight | $110.00 | $90.00 |
| John Ivankoe | JP Morgan | Raises | Neutral | $90.00 | $77.00 |
| Alton Stump | Loop Capital | Raises | Hold | $122.00 | $80.00 |
| Jon Tower | Citigroup | Raises | Neutral | $115.00 | $93.00 |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $95.00 | $72.00 |
| Andrew Charles | TD Cowen | Raises | Buy | $115.00 | $95.00 |
| Andy Barish | Jefferies | Raises | Buy | $117.00 | $94.00 |
| Chris O'Cull | Stifel | Raises | Buy | $118.00 | $110.00 |
| David Tarantino | Baird | Raises | Outperform | $125.00 | $105.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $120.00 | $100.00 |
| Chris O'Cull | Stifel | Raises | Buy | $110.00 | $90.00 |
| 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 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cava Group. This information provides a snapshot of how analysts perceive 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: Delving into movements, analysts provide estimates for the future value of Cava Group's stock. This analysis reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Cava Group's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Cava Group analyst ratings.
All You Need to Know About 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.
Unraveling the Financial Story of Cava Group
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Cava Group showcased positive performance, achieving a revenue growth rate of 35.05% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: Cava Group's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.45% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Cava Group's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.36%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Cava Group's ROA stands out, surpassing industry averages. With an impressive ROA of 1.93%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.6, Cava Group adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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