In the latest quarter, 28 analysts provided ratings for Cava Group CAVA, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 10 | 4 | 14 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 2 | 7 | 0 | 0 |
| 2M Ago | 2 | 0 | 1 | 0 | 0 |
| 3M Ago | 6 | 2 | 5 | 0 | 0 |
Analysts have set 12-month price targets for Cava Group, revealing an average target of $129.64, a high estimate of $190.00, and a low estimate of $90.00. Surpassing the previous average price target of $106.70, the current average has increased by 21.5%.
Diving into Analyst Ratings: An In-Depth Exploration
A comprehensive examination of how financial experts perceive Cava Group is derived from recent analyst actions. The following is a detailed summary of 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 Mullan | Piper Sandler | Raises | Neutral | $142.00 | $100.00 |
| Alton Stump | Loop Capital | Raises | Hold | $147.00 | $122.00 |
| Brian Harbour | Morgan Stanley | Raises | Equal-Weight | $135.00 | $123.00 |
| Jon Tower | Citigroup | Raises | Neutral | $163.00 | $140.00 |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $142.00 | $113.00 |
| Chris O'Cull | Stifel | Raises | Buy | $175.00 | $118.00 |
| John Ivankoe | JP Morgan | Raises | Neutral | $110.00 | $90.00 |
| Andrew Charles | TD Cowen | Raises | Buy | $150.00 | $130.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $190.00 | $155.00 |
| David Tarantino | Baird | Raises | Outperform | $148.00 | $125.00 |
| Jon Tower | Citigroup | Raises | Neutral | $140.00 | $115.00 |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $113.00 | $95.00 |
| Dennis Geiger | UBS | Announces | Neutral | $135.00 | - |
| Andrew Charles | TD Securities | Raises | Buy | $130.00 | $115.00 |
| Andrew Charles | TD Cowen | Raises | Buy | $130.00 | $115.00 |
| Andrew Charles | TD Cowen | Maintains | Buy | $115.00 | $115.00 |
| Christine Dooley | Argus Research | Raises | Buy | $128.00 | $104.00 |
| 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 |
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: Providing a comprehensive analysis, analysts offer 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 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.
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.
Discovering Cava Group: A Closer Look
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's Economic Impact: An Analysis
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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. 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 financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 8.45%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Cava Group's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.36%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.93%, the company showcases effective utilization of assets.
Debt Management: Cava Group's debt-to-equity ratio is below the industry average. With a ratio of 0.6, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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