Is Cava Stock a Buy Now? [Yahoo! Finance]
CAVA Group, Inc. (CAVA)
Company Research
Source: Yahoo! Finance
Shares surged more than 300% over the past 12 months. Given the current lofty price of Cava stock, it's almost hard to believe it was at a 52-week low of $29.05 last October. And Cava's debut as a public company, in June 2023, was at $22 per share. Can the stock's massive run up continue, or is it too late to buy shares? The stock has pulled back from its 52-week high of $131.82 reached in September, so this could indicate a potential buy opportunity. To know if now is a good time to pick up Cava shares, let's dig into this hot company. Cava's financial success Cava's spectacular stock performance is understandable when you look at its sales. In its fiscal second quarter, ended July 14, revenue rose an impressive 35% year over year to $231.4 million. Q2 was the latest in Cava's streak of rapidly rising revenue during its short life as a public company. Its performance in the first half of fiscal 2024 suggests the company could possibly reach $1 billion in full-year sales.
Show less
Read more
Impact Snapshot
Event Time:
CAVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAVA alerts
High impacting CAVA Group, Inc. news events
Weekly update
A roundup of the hottest topics
CAVA
News
- Cava Group (CAVA) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- CAVA launches first new flavor of its cult-favorite pita chips [Seeking Alpha]Seeking Alpha
- CAVA Launches First New Flavor of Its Cult-Favorite Pita ChipsBusiness Wire
- Cava Group (CAVA) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]Yahoo! Finance
- What Cava's CEO learned about merging 2 cultures after a ‘painful' acquisition [Yahoo! Finance]Yahoo! Finance
CAVA
Earnings
- 8/22/24 - Beat
CAVA
Sec Filings
- 10/1/24 - Form 4
- 9/18/24 - Form 4
- 9/16/24 - Form 144
- CAVA's page on the SEC website