Can Cava (CAVA) Run Higher on Rising Earnings Estimates? [Yahoo! Finance]
CAVA Group, Inc. (CAVA)
Company Research
Source: Yahoo! Finance
While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this Mediterranean restaurant chain, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. Consensus earnings estimates for the next quarter and full year have moved considerably higher for Cava, as there has been strong agreement among the covering analysts in raising estimates. For the current
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CAVA
News
- CAVA Group, Inc. (CAVA) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- A Closer Look to CAVA: Artal International Capitalizes on Stock Gains [Yahoo! Finance]Yahoo! Finance
- Buy These 5 Restaurant Stocks With Growth Potential as Sales Soar [Yahoo! Finance]Yahoo! Finance
- CAVA Stock Post-Q3 Triumph: A Growth Story Worth Investing In? [Yahoo! Finance]Yahoo! Finance
- CAVA Group, Inc. (NYSE: CAVA) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $145.00 price target on the stock.MarketBeat
CAVA
Earnings
- 11/12/24 - Beat
CAVA
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- CAVA's page on the SEC website