Cava has a lot of potential to get bigger in the future, but are investors already pricing in a lot of that growth?One of the hottest food stocks to own this year has been that of Cava Group (CAVA -0.19%). The Mediterranean restaurant chain went public last year, and while it didn't get off to a great start, 2024 has been a much better year for the stock. Year to date, Cava's valuation has risen by more than 220%, and it's currently trading around its 52-week high. What's behind the stock's impressive rally ...

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.Over the past month, shares of this Mediterranean restaurant chain have returned +8.9%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Retail - Restaurants industry, which Cava falls in, has lost 2.2%. The key question now is: What could be the stock's future direction?Although media ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, October 25: CAVA Group, Inc. (CAVA) : This restaurant chain company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days. CAVA Group's shares gained 77.2% over the last three months compared with the S&P 500's advanced of 7.5%. The company possesses a Momentum Score of A. Orla Mining Ltd. (ORLA) : This mining company has a Zack ...

Cava Group (CAVA) ended the recent trading session at $138.65, demonstrating a +1.53% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Heading into today, shares of the Mediterranean restaurant chain had gained 7.66% over the past month, outpacing the Retail-Wholesale sector's loss of 0.42% and the S&P 500's gain of 1.47% in that time.Th ...

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The third quarter of 2024 has been challenging for the restaurant industry as consumer spending tightens amid ongoing macroeconomic and geopolitical issues. Yet, quick-service restaurants (QSRs), especially those prioritizing value, have shown resilience in this tough environment. As budget-conscious consumers increasingly seek cost-effective dining options, value-focused segments have become more competitive, with brands ramping up promotional campaigns and cost-saving deals to attract and retain customers ...

Shares of this fast-casual restaurant chain have crushed the market this year.In its short time as a public company, Cava (CAVA 0.72%) has done a great job satisfying the hunger of its investors. Shares have skyrocketed 305% in the past 12 months. The S&P 500, in comparison, is up 35% during the same period. Investing is a long-term game. Therefore, people should view a potential investment in this restaurant stock with a time horizon that spans years, not months. With that being said, can Cava shares beat ...

Shares of CAVA Group, Inc. (CAVA) touched a new 52-week high of $135.86 on Friday. The stock pulled back to end the trading session at $135.34.The CAVA stock has surged an impressive 68.5% over the past three months, significantly outperforming its industry peers and the broader market. The industry gained 17.3%, while the S&P 500 rose just 4.8%. CAVA's strong momentum shows the company's continued ability to fire on all cylinders.CAVA has outpaced industry players like Chipotle Mexican Grill, Inc.’s (CMG) ...

A little competition never stopped Chipotle. Up over 200% in 2024, restaurant company Cava Group (CAVA 0.78%) is one of the hottest stocks on the entire stock market, and for good reason. Its revenue was up a stunning 35% year over year in the second quarter of 2024, and its net profit soared 200% to $20 million. Moreover, with only 341 locations at the end of the quarter, this little restaurant company could have many more years of profitable growth ahead. No wonder investors are thrilled. Cava is a restau ...

Cava Group (CAVA) closed the latest trading day at $134.16, indicating a +0.19% change from the previous session's end. This change lagged the S&P 500's 0.47% gain on the day. At the same time, the Dow added 0.79%, and the tech-heavy Nasdaq gained 0.28%. The Mediterranean restaurant chain's stock has climbed by 9.34% in the past month, exceeding the RetailWholesale sector's gain of 3.09% and the S&P 500's gain of 3.48%. Investors will be eagerly watching for the performance of Cava Group in its upcoming ear ...