In the last three months, 4 analysts have rated Cava Group QUARRYoffering a diverse set of opinions from bullish to bearish.
The table below provides a quick overview of their recent ratings, highlighting the change in sentiment over the last 30 days and comparing it to previous months.
| Bullish | A little bullish | Indifferent | A little bearish | Bearish | |
|---|---|---|---|---|---|
| Total ratings | 0 | 4 | 0 | 0 | 0 |
| Last 30 days | 0 | 1 | 0 | 0 | 0 |
| 1 million ago | 0 | 2 | 0 | 0 | 0 |
| 2 million ago | 0 | 0 | 0 | 0 | 0 |
| 3 million ago | 0 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $58.0, a high estimate of $65.00 and a low estimate of $46.00. This current average is up 2.65% from the previous average price target of $56.50.
Breaking down analyst ratings: A detailed examination
A clear picture of the perception of Cava Group among financial experts is painted with an in-depth analysis of recent analyst actions. The summary below outlines key analysts, their recent ratings, and adjustments to ratings and price targets.
| Analyst | Analytics company | Action taken | Assessment | Current price target | Previous price target |
|---|---|---|---|---|---|
| Nick Setyan | Wedbush | Raise | Far surpass | $65.00 | $59.00 |
| Nick Setyan | Wedbush | Announce | Far surpass | $59.00 | – |
| Davide Tarantino | Baird | Raise | Far surpass | $62.00 | $54.00 |
| Andrea Carlo | T. D. Cowen | Announce | Far surpass | $46.00 | – |
Key Insights:
- Action taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they “maintain”, “raise” or “lower” their position reflects their reaction to recent developments relating to the Cava Group. This information provides a snapshot of how analysts perceive the current state of the company.
- Assessment: Gaining insights, analysts provide qualitative ratings, ranging from “Outperform” to “Underperform.” These ratings reflect expectations for the relative performance of the Cava Group compared to the broader market.
- Price targets: By understanding forecasts, analysts offer estimates for the future value of Cava Group. Examining current and previous targets provides insight into analysts’ changing expectations.
Analyzing these analyst ratings along with relevant financial metrics can provide a comprehensive view of Cava Group’s market position. Stay informed and make data-driven decisions with the assistance of our ratings table.
Stay updated on the ratings of Cava Group analysts.
Unraveling the story behind Cava Group
Cava Group Inc owns and operates a restaurant chain. It’s the category-defining Mediterranean fast-casual restaurant brand, combining healthy food and bold, satisfying flavors at scale. The Company’s operations are conducted as two reportable segments: CAVA and Zoes Kitchen.
Analysis of the financial performance of the Cava Group
Market capitalization analysis: Reflecting a smaller scale, the company’s market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue growth: Over the 3 months, Cava Group showed a positive performance, achieving a revenue growth rate of 26.06% as of September 30, 2023. This reflects a substantial increase in the company’s top-line earnings. Compared to its industry peers, the company stands out with an above-average growth rate among its consumer discretionary industry peers.
Net margin: Cava Group’s net margin is impressive and exceeds industry averages. With a clear margin of 3.89%, the company demonstrates strong profitability and effective cost management.
Return on equity (ROE): The company’s ROE is below industry benchmarks, signaling potential difficulties in using equity capital efficiently. With an ROE of 1.22%, the company may face challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Cava Group’s ROA exceeds industry standards, highlighting the company’s exceptional financial performance. With an impressive 0.7% ROA, the company effectively uses its resources to achieve optimal returns.
Debt Management: With a below-average debt-to-equity ratio of 0.61Cava Group adopts a prudent financial strategy, indicating a balanced approach to debt management.
Understand the relevance of analyst ratings
Analysts are banking and financial systems specialists who typically report for specific securities or within defined sectors. These people research companies’ financial statements, attend conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will evaluate each stock once per quarter.
Analysts can supplement their ratings with forecasts on metrics such as growth estimates, earnings and revenues, giving investors a more complete perspective. However, investors should keep in mind that analysts, like any human, can have subjective perspectives that influence their forecasts.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.