William Blair Reiterates “Outperform” Rating for CAVA Group (NYSE:CAVA)

CAVA Group (NYSE:CAVA)‘s stock had its “outperform” rating restated by stock analysts at William Blair in a report issued on Wednesday,RTT News reports. William Blair also issued estimates for CAVA Group’s Q1 2025 earnings at $0.13 EPS, Q2 2025 earnings at $0.16 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at $0.65 EPS.

Several other research firms also recently weighed in on CAVA. Piper Sandler increased their price target on CAVA Group from $100.00 to $142.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Stifel Nicolaus increased their price target on CAVA Group from $118.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Barclays cut their price target on CAVA Group from $127.00 to $104.00 and set an “equal weight” rating for the company in a research note on Wednesday. TD Cowen raised their target price on CAVA Group from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, UBS Group cut their target price on CAVA Group from $160.00 to $125.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $133.27.

CAVA Group Price Performance

Shares of NYSE:CAVA opened at $90.02 on Wednesday. The company has a market capitalization of $10.31 billion, a PE ratio of 195.69 and a beta of 3.25. The business has a fifty day moving average price of $121.75 and a two-hundred day moving average price of $125.78. CAVA Group has a 1 year low of $54.21 and a 1 year high of $172.43.

CAVA Group (NYSE:CAVA) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01). The firm had revenue of $227.40 million for the quarter, compared to the consensus estimate of $223.34 million. CAVA Group had a return on equity of 9.10% and a net margin of 5.88%. Sell-side analysts anticipate that CAVA Group will post 0.5 earnings per share for the current year.

Insider Activity at CAVA Group

In other CAVA Group news, CAO Adam David Phillips sold 615 shares of CAVA Group stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $124.39, for a total value of $76,499.85. Following the transaction, the chief accounting officer now directly owns 10,884 shares of the company’s stock, valued at $1,353,860.76. The trade was a 5.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald M. Shaich sold 622,549 shares of CAVA Group stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $149.40, for a total value of $93,008,820.60. Following the completion of the transaction, the director now directly owns 6,307 shares in the company, valued at $942,265.80. This trade represents a 99.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 651,784 shares of company stock valued at $96,522,922. Corporate insiders own 12.10% of the company’s stock.

Institutional Investors Weigh In On CAVA Group

A number of large investors have recently made changes to their positions in the business. Nwam LLC grew its position in shares of CAVA Group by 2.6% in the 3rd quarter. Nwam LLC now owns 3,368 shares of the company’s stock worth $417,000 after buying an additional 85 shares during the last quarter. Utah Retirement Systems grew its position in shares of CAVA Group by 2.5% in the 4th quarter. Utah Retirement Systems now owns 4,100 shares of the company’s stock worth $462,000 after buying an additional 100 shares during the last quarter. Howard Financial Services LTD. grew its position in shares of CAVA Group by 1.8% in the 4th quarter. Howard Financial Services LTD. now owns 6,194 shares of the company’s stock worth $699,000 after buying an additional 109 shares during the last quarter. CIBC Asset Management Inc grew its position in shares of CAVA Group by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 3,287 shares of the company’s stock worth $407,000 after buying an additional 110 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of CAVA Group by 6.3% during the third quarter. Farther Finance Advisors LLC now owns 1,916 shares of the company’s stock valued at $237,000 after purchasing an additional 113 shares in the last quarter. 73.15% of the stock is currently owned by institutional investors.

About CAVA Group

CAVA Group, Inc owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc was founded in 2006 and is headquartered in Washington, the District of Columbia.