Raymond James raised the price target for the Cava Group Inc (NYSE:CAVA) stock to “a Mkt perform”. The rating was released on November 17, 2023, according to finviz.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Cava Group Inc (NYSE:CAVA) dipped -0.70% to close Monday’s market session at $33.88, lower as compared to yesterday’s close. The stock price fluctuated between $33.37 and $34.95 throughout the trading session with the volume trading being 1255674 shares, which represented a significant variation when compared to the three months average volume of 1.48 million shares. The firm’s stock price fluctuated 8.04% within the last five trades and 2.67% within the last 30 trades, which was a significant change from the beginning of this year. CAVA stock is trading at a margin of 3.60%, 3.42% and -14.93% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CAVA deals in the Consumer Cyclical domain. The stock is trading -41.69 percent below its 52-week high and 16.63 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is null. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Cava Group Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 3.70 percent and the profit margin is -1.12 percent, and the company has reported a gross margin of 17.36 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $3.85 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 5.65 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 6.80, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 27.89 percent of Cava Group Inc shares are owned by insiders, and 61.20 percent are held by financial institutions. Xenohristos Theodoros, the Director at Cava Group Inc (CAVA) has bought 4,500 shares of firm on Jun 20 at a price of $22.00 against the total amount of $99000.0. In another inside trade, Tolivar Tricia K., Chief Financial Officer of Cava Group Inc (NYSE:CAVA) bought 2,500 shares of the firm on Jun 20 for a total worth of $55000.0 at a price of $22.00. An inside trade which took place on Jun 20, CLO & Secretary of Cava Group Inc Bertram Kenneth Robert bought 2,295 shares of firm against total price of $50490.0 at the cost of $22.00 per share.