CAVA Group, Inc.'s (CAVA) shares are trading at a substantial premium, far outpacing the Zacks RetailRestaurant industry. With a forward 12-month Price-to-Sales ratio of 13.49x, CAVA dwarfs the Zacks RetailRestaurant industry's average of 3.95x and the broader Retail-Wholesale sector's 1.42x. CAVA's shares have surged 295.7% in the past year compared with the industry's appreciation of 10.4% and the S&P 500's 31.2% increase. CAVA has outpaced other industry players like Chipotle Mexican Grill, Inc. (CMG) , ...

Chipotle stock is up massively since its IPO. Recently IPOed Cava is similar to Chipotle and could have a huge growth opportunity ahead. Nothing ever repeats itself perfectly on Wall Street, but there are some things that rhyme. So if you are looking at Chipotle Mexican Grill (CMG 1.83%) and thinking that you missed out on the restaurant's early growth years, don't fret. Cava Group (CAVA 0.74%) looks like it might be heading on a similar trajectory, just with a slightly different food concept. Here's what y ...

In the latest trading session, Cava Group (CAVA) closed at $125.22, marking a +0.74% move from the previous day. This move lagged the S&P 500's daily gain of 1.7%. Meanwhile, the Dow experienced a rise of 1.26%, and the technology-dominated Nasdaq saw an increase of 2.51%. Shares of the Mediterranean restaurant chain witnessed a gain of 20.83% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 4.02% and the S&P 500's gain of 1.27%. The investment community will ...

Cava Group (CAVA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this Mediterranean restaurant chain have returned +20.8% over the past month versus the Zacks S&P 500 composite's +1.3% change. The Zacks Retail - Restaurants industry, to which Cava belongs, has gained 3.5% over this period. Now the key question is: Where could the stock be headed in the near term? Although m ...

Cava Group (CAVA) ended the recent trading session at $122.47, demonstrating a -0.31% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a drop of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.2%. Coming into today, shares of the Mediterranean restaurant chain had gained 22.6% in the past month. In that same time, the Retail-Wholesale sector gained 4.37%, while the S&P 500 gained 1.54%. Investor ...

Cava Group (CAVA) closed at $121.25 in the latest trading session, marking a +1.27% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.07%. At the same time, the Dow added 0.31%, and the techheavy Nasdaq gained 2.17%. Heading into today, shares of the Mediterranean restaurant chain had gained 26.76% over the past month, outpacing the Retail-Wholesale sector's gain of 6.53% and the S&P 500's gain of 2.92% in that time. The upcoming earnings release of Cava Group will be of great intere ...

The business is strong, and investors should keep it on their radar. Can Cava (CAVA -0.50%) be a millionaire-maker stock? Well, that obviously depends on how much money a person is willing to invest. Cava trades at about $117 per share, as of this writing. Let's say that an investor buys 7,700 shares. In this scenario, those shares will cost a whopping $900,000. But if it goes up to $130 per share (a meager 11% gain), the stake would be worth $1 million. Most investors don't have $900,000 lying around -- ev ...

It was up even more before some insiders cashed out. Shares of Mediterranean fast-casual restaurant chain Cava (CAVA -0.50%) soared 35.4% during August, according to data provided by S&P Global Market Intelligence. Strong financial results for second-quarter 2024 and a corresponding enthusiastic response from Wall Street boosted the stock to an all-time high. But a subsequent stock sale caused a modest pullback. On Aug. 22, Cava reported Q2 financial results, and it was all good news for shareholders. Its Q ...

Does this high-flying stock have more room to rise even higher? If a company is able to achieve impressive growth at a time like now, when people are struggling amid inflation, it can be a sign of a truly impressive business. That's a key reason why Cava Group (CAVA 2.40%) is often seen as the next Chipotle, as the fast-growing business could have a lot of upside given its relatively modest $13 billion valuation. Cava Group's sales are growing by double digits, and it's opening more restaurants. At the same ...

It's tempting to hop on the bandwagon, especially with a business that's firing on all cylinders. The S&P 500 has had a solid year, producing a total return of 19% (as of Aug. 28). This momentum builds off 2023's huge rise. But there's one booming stock that has significantly outperformed the broader index. It has skyrocketed 175% so far in 2024. As if that gain wasn't remarkable enough, this company's shares have even outperformed AI powerhouse Nvidia this year, a business that investors just can't seem to ...