CAVA GroupCAVA
About: Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's dips, spreads, and dressings are centrally produced and sold in grocery stores. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen. The company generates the majority of its revenue from the CAVA segment.
Employees: 8,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
124% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 46
50% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 12 (+4) [Q3]
30% more capital invested
Capital invested by funds: $8.02B [Q2] → $10.4B (+$2.4B) [Q3]
15% more funds holding
Funds holding: 385 [Q2] → 442 (+57) [Q3]
11% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 137
2% less call options, than puts
Call options by funds: $841M | Put options by funds: $862M
2.24% less ownership
Funds ownership: 75.8% [Q2] → 73.55% (-2.24%) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Bernstein | 22%upside $145 | Market Perform Initiated | 20 Nov 2024 |
Piper Sandler Brian Mullan 64% 1-year accuracy 7 / 11 met price target | 19%upside $142 | Neutral Maintained | 15 Nov 2024 |
Loop Capital Alton Stump 35% 1-year accuracy 6 / 17 met price target | 23%upside $147 | Hold Maintained | 14 Nov 2024 |
Morgan Stanley Brian Harbour 57% 1-year accuracy 12 / 21 met price target | 13%upside $135 | Equal-Weight Maintained | 14 Nov 2024 |
Citigroup Jon Tower 66% 1-year accuracy 19 / 29 met price target | 37%upside $163 | Neutral Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 26 articles about CAVA published over the past 30 days
