CAVA (CAVA)
Search documents
Cava Group (CAVA) Ascends But Remains Behind Market: Some Facts to Note
zacks.com· 2024-05-15 22:45
Cava Group (CAVA) closed at $78.63 in the latest trading session, marking a +0.15% move from the prior day. This change lagged the S&P 500's 1.17% gain on the day. Meanwhile, the Dow gained 0.88%, and the Nasdaq, a tech-heavy index, added 1.4%.Heading into today, shares of the Mediterranean restaurant chain had gained 24.9% over the past month, outpacing the Retail-Wholesale sector's gain of 2.37% and the S&P 500's gain of 2.46% in that time.The investment community will be closely monitoring the performanc ...
CAVA: Put Selling Can Yield A Potential 14% Return
Seeking Alpha· 2024-05-14 08:51
Lauri Patterson/E+ via Getty ImagesWhen it comes to a delicious and relatively healthy lunch, it's hard to beat CAVA (NYSE:CAVA). The fast casual restaurant chain is loved by many, but the stock has only recently begun to find its footing, up more than 140% following a protracted price trough that occurred post-IPO last year: TradingViewFor reference, we came out with our initial 'Buy' rating last September when the stock had just been cut in half, and shares were at $31: Seeking AlphaThankfully, the s ...
Better Restaurant Stock to Buy Right Now: Chipotle vs. Cava
The Motley Fool· 2024-05-09 10:30
Each of these stocks offers something different for investors.Cava Group (CAVA -0.11%) was a sensation on Wall Street when it went public just a year ago as one of the only exciting initial public offerings in a dry year. It has been compared to the restaurant mega-chain Chipotle Mexican Grill (CMG -0.33%) for its healthy fast-casual food and prices.But is that a fair comparison? And stacked up against each other, which stock is the better buy today?Is Cava the next Chipotle?Cava is a small but fast-growing ...
Cava Group (CAVA) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-05-07 22:50
Cava Group (CAVA) ended the recent trading session at $74.24, demonstrating a -0.09% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq lost 0.1%.Coming into today, shares of the Mediterranean restaurant chain had gained 14.43% in the past month. In that same time, the Retail-Wholesale sector gained 0.98%, while the S&P 500 lost 0.35%.Analysts and investors alike will be keeping a close eye on the per ...
4 Stocks to Add to Your Portfolio on Soaring Restaurant Sales
Zacks Investment Research· 2024-05-06 13:25
The U.S. restaurant industry is putting up a great show amid price pressures. Sales are soaring as an increasing number of Americans are spending freely on dining out.According to the Commerce Department, sales at U.S. food and drinking places totaled $98.1 billion in March, up 0.4% month over month after increasing 0.5% in February. Sales at U.S. restaurants rose a solid 6.6% year over year in March, while sales from January through March totaled $27.1 billion.The retail sector has struggled for months owi ...
Why the Market Dipped But Cava Group (CAVA) Gained Today
Zacks Investment Research· 2024-04-30 22:50
Cava Group (CAVA) closed the most recent trading day at $71.94, moving +1.91% from the previous trading session. The stock exceeded the S&P 500, which registered a loss of 1.57% for the day. Elsewhere, the Dow lost 1.49%, while the tech-heavy Nasdaq lost 2.04%.The Mediterranean restaurant chain's stock has climbed by 3.2% in the past month, exceeding the Retail-Wholesale sector's loss of 2.49% and the S&P 500's loss of 2.5%.The upcoming earnings release of Cava Group will be of great interest to investors.F ...
Forget Starbucks: Buy This Unstoppable Growth Stock Instead
The Motley Fool· 2024-04-30 09:15
This up-and-coming fast-casual chain has a promising future.Historically, Starbucks (SBUX 0.09%) has been a big winner on the stock market.The company essentially pioneered the modern-day coffeehouse concept in the 1990's and the format has been copied by a wide range of competitors, including independent coffee shops and large chains.Howard Schultz's fundamental innovation, bringing espresso drinks to the American market and adapting the experience to American tastes, generated tens of billions of dollar m ...
Are Retail-Wholesale Stocks Lagging CAVA Group, Inc. (CAVA) This Year?
Zacks Investment Research· 2024-04-29 14:46
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cava Group (CAVA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Cava Group is one of 215 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank ...
Where Will Cava Stock Be in 3 Years?
The Motley Fool· 2024-04-27 11:30
Cava is opening restaurants at a rapid clip, which should be good for growth. Just make sure you keep an eye on one certain metric in the meantime.Restaurant brands come and go, but when a concept is new and attractive it can lead to exciting stories on Wall Street. That's basically what's going on today with Cava Group (CAVA 10.50%), a Mediterranean fast-casual restaurant that's drawing in customers in huge numbers. The next three years are likely to see the company grow at a rapid clip.But investors need ...
Spicing Up the Market: Chipotle's Earnings Beat Heats Up Restaurant Stocks
Zacks Investment Research· 2024-04-25 17:05
Chipotle Mexican Grill (CMG) reported earnings Wednesday after the market close and did not disappoint shareholders.Chipotle had another stellar quarter of business activity, growing revenues 14.1% YoY, increasing margins, and opening 47 new restaurants with 43 including a Chipotlane, a drive through option.Chipotle Mexican Grill is an innovator in the restaurant space, commercializing the fast-casual concept and leading the way for the industry. Shareholders have benefitted tremendously from Chipotle’s su ...