Wedbush Has Optimistic Outlook of CAVA Group Q1 Earnings

CAVA Group, Inc. (NYSE:CAVA - Free Report) - Equities research analysts at Wedbush upped their Q1 2025 earnings per share (EPS) estimates for shares of CAVA Group in a report released on Wednesday, March 19th. Wedbush analyst N. Setyan now expects that the company will post earnings of $0.15 per share for the quarter, up from their prior forecast of $0.13. Wedbush currently has a "Outperform" rating and a $150.00 target price on the stock. The consensus estimate for CAVA Group's current full-year earnings is $0.50 per share. Wedbush also issued estimates for CAVA Group's Q4 2025 earnings at $0.10 EPS, FY2025 earnings at $0.65 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.29 EPS and Q4 2026 earnings at $0.14 EPS.

CAVA Group (NYSE:CAVA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The firm had revenue of $227.40 million during the quarter, compared to the consensus estimate of $223.34 million. CAVA Group had a net margin of 5.88% and a return on equity of 9.10%.

CAVA has been the subject of a number of other reports. Piper Sandler upgraded shares of CAVA Group from a "neutral" rating to an "overweight" rating and reduced their price objective for the company from $142.00 to $115.00 in a research note on Friday, February 28th. Loop Capital reduced their price target on CAVA Group from $147.00 to $100.00 and set a "hold" rating for the company in a research report on Thursday, February 27th. Barclays dropped their price objective on CAVA Group from $127.00 to $104.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 26th. Citigroup reduced their target price on CAVA Group from $163.00 to $140.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Finally, UBS Group lowered their price target on shares of CAVA Group from $160.00 to $125.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $131.47.

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CAVA Group Price Performance

Shares of CAVA traded down $0.12 during trading hours on Friday, hitting $90.21. The company's stock had a trading volume of 2,920,323 shares, compared to its average volume of 2,923,524. The company has a market cap of $10.43 billion, a price-to-earnings ratio of 196.11 and a beta of 3.58. The business has a 50 day simple moving average of $110.27 and a two-hundred day simple moving average of $122.83. CAVA Group has a 52-week low of $58.22 and a 52-week high of $172.43.

Insider Transactions at CAVA Group

In related news, CEO Brett Schulman sold 20,564 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $119.18, for a total transaction of $2,450,817.52. Following the transaction, the chief executive officer now directly owns 776,369 shares of the company's stock, valued at approximately $92,527,657.42. This trade represents a 2.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Tricia K. Tolivar sold 2,086 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $119.18, for a total value of $248,609.48. Following the completion of the sale, the chief financial officer now directly owns 235,592 shares of the company's stock, valued at approximately $28,077,854.56. This represents a 0.88 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,235 shares of company stock valued at $3,514,101. Insiders own 12.10% of the company's stock.

Hedge Funds Weigh In On CAVA Group

A number of large investors have recently added to or reduced their stakes in CAVA. Jennison Associates LLC grew its stake in shares of CAVA Group by 36,658.7% during the fourth quarter. Jennison Associates LLC now owns 2,461,732 shares of the company's stock valued at $277,683,000 after buying an additional 2,455,035 shares during the last quarter. Vanguard Group Inc. boosted its holdings in CAVA Group by 20.4% during the 4th quarter. Vanguard Group Inc. now owns 8,011,602 shares of the company's stock valued at $903,709,000 after acquiring an additional 1,357,187 shares during the period. Man Group plc grew its position in CAVA Group by 563.7% during the 4th quarter. Man Group plc now owns 935,075 shares of the company's stock worth $105,476,000 after acquiring an additional 794,187 shares during the last quarter. Geode Capital Management LLC increased its stake in CAVA Group by 121.0% in the 3rd quarter. Geode Capital Management LLC now owns 1,222,834 shares of the company's stock worth $151,492,000 after purchasing an additional 669,599 shares during the period. Finally, Barclays PLC lifted its position in CAVA Group by 116.7% in the fourth quarter. Barclays PLC now owns 84,755 shares of the company's stock valued at $9,560,000 after purchasing an additional 591,866 shares during the last quarter. Hedge funds and other institutional investors own 73.15% of the company's stock.

CAVA Group Company Profile

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.