KeyCorp Begins Coverage on CAVA Group (NYSE:CAVA)

by · The Cerbat Gem

KeyCorp initiated coverage on shares of CAVA Group (NYSE:CAVA – Free Report) in a research note published on Wednesday morning, Marketbeat Ratings reports. The firm issued an overweight rating and a $100.00 target price on the stock. KeyCorp also issued estimates for CAVA Group’s Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.07 EPS, FY2025 earnings at $0.58 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.22 EPS, Q4 2026 earnings at $0.10 EPS and FY2026 earnings at $0.72 EPS.

CAVA has been the topic of a number of other research reports. Robert W. Baird lifted their target price on shares of CAVA Group from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, May 16th. UBS Group cut their target price on shares of CAVA Group from $125.00 to $112.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 13th. Bank of America lifted their target price on shares of CAVA Group from $112.00 to $121.00 and gave the company a “buy” rating in a research note on Monday, May 19th. TD Securities reaffirmed a “buy” rating and set a $120.00 target price on shares of CAVA Group in a research note on Friday, May 16th. Finally, Sanford C. Bernstein raised shares of CAVA Group from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $117.82.

Get Our Latest Research Report on CAVA

CAVA Group Trading Up 5.1%

CAVA stock opened at $86.94 on Wednesday. The firm’s 50-day moving average price is $84.82 and its two-hundred day moving average price is $97.83. CAVA Group has a 12-month low of $70.00 and a 12-month high of $172.43. The stock has a market capitalization of $10.06 billion, a price-to-earnings ratio of 72.45, a PEG ratio of 4.06 and a beta of 2.65.

CAVA Group (NYSE:CAVA – Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. CAVA Group had a net margin of 13.70% and a return on equity of 10.61%. The firm had revenue of $331.83 million for the quarter, compared to analysts’ expectations of $327.98 million. During the same quarter in the previous year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was up 28.1% compared to the same quarter last year. Equities analysts predict that CAVA Group will post 0.5 EPS for the current year.

Insider Transactions at CAVA Group

In other news, CEO Brett Schulman sold 31,856 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $75.16, for a total value of $2,394,296.96. Following the transaction, the chief executive officer owned 792,318 shares in the company, valued at approximately $59,550,620.88. This represents a 3.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Theodoros Xenohristos sold 9,348 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $94.88, for a total transaction of $886,938.24. Following the transaction, the insider owned 353,271 shares in the company, valued at approximately $33,518,352.48. This trade represents a 2.58% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 67,951 shares of company stock valued at $5,409,027. 6.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CAVA. First Horizon Advisors Inc. lifted its position in CAVA Group by 1,400.0% during the first quarter. First Horizon Advisors Inc. now owns 285 shares of the company’s stock valued at $25,000 after purchasing an additional 266 shares during the period. Vision Financial Markets LLC bought a new position in CAVA Group during the first quarter valued at approximately $26,000. Dagco Inc. bought a new position in CAVA Group during the first quarter valued at approximately $27,000. Larson Financial Group LLC lifted its position in CAVA Group by 274.0% during the fourth quarter. Larson Financial Group LLC now owns 273 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Finally, Versant Capital Management Inc bought a new position in CAVA Group during the first quarter valued at approximately $31,000. Institutional investors own 73.15% of the company’s stock.

CAVA Group Company Profile

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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.

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