How to Buy Cava Group Stock
Cava Group Inc
Cava Group is a restaurant company located in District Of Columbia, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker CAVA on the NYSE exchange.
Cava Group stock last closed at $74.31, up 2.97% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Restaurants industry by N/A percentage points. Cava Group stock is currently +155.8% from its 52-week low of $29.05, and -3.67% from its 52-week high of $77.14.
There are currently 114M CAVA shares outstanding. The market value of CAVA is $8.47B. In the last 24 hours, 3.09M CAVA shares were traded.
How to Buy Cava Group Stock
Not sure how to invest in Cava Group stock? Here's how.
- Choose where to buy Cava Group stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Cava Group stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Evaluate Cava Group stock: The Cava Group ticker symbol is CAVA. Is Cava Group stock a good investment? Should you buy shares of CAVA? How do CAVA's underlying business fundamentals look? Do top analysts think Cava Group is a good buy? Why has CAVA's stock price moved recently? (Hint: Our stock market research website can help you decide if CAVA is a good stock to buy).
- Place your CAVA buy order: Decide if you will purchase CAVA shares at the current market price or use a limit order to buy CAVA stock at a particular price.
- Get notifications regarding your investment in CAVA: Create a watchlist to monitor your position in Cava Group stock.
Step 1: Choose where to buy Cava Group stock
You need an online brokerage account to access the NYSE market and buy CAVA stock.
Our preferred brokerage: eToro
We believe that eToro is the best stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can buy CAVA stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on apps for stocks, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring funds into your brokerage account.
Step 4: Evaluate Cava Group stock
After you have chosen the best place to buy Cava Group stock, it's very important to research their stock before you invest, so you can wrap your head around the risk and upside.
Cava Group Metrics
CAVA Fundamentals
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on CAVA's stock page.
Is CAVA stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CAVA's fair value.
Using relative valuations metrics:
- CAVA could be overvalued based on its P/E ratio of 337.77x, relative to Restaurants industry P/E ratio of 47.83x
- CAVA may be undervalued based on its P/B ratio of 14.84x, relative to Restaurants industry P/B ratio of -312.09x
You can do additional valuation analysis on CAVA's stock here.
How do CAVA Financials look?
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the CAVA balance sheet.
- There are more short-term assets than short-term liabilities on the CAVA balance sheet.
- CAVA has $332.43M in cash and short term investments. This is sufficient to cover its annual cash burn of $41.71M.
- CAVA profit margin has gone up from -10.5% to 1.8% in the past year.
- CAVA has cash burn of 41705000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Health Checks:
- CAVA has a relatively high debt to equity ratio of 0.72.
Is it a good time to buy CAVA stock, according to analysts?
Out of 9 sell side analysts who monitor CAVA, the consensus analyst rating on Cava Group is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest CAVA Analyst Recommendations
John Ivankoe, a top 10% analyst from JP Morgan maintains CAVA with a strong buy rating and raises their CAVA price target from $50.00 to $64.00, on Mar 19, 2024.
Jon Tower, a top 6% analyst from Citigroup maintains CAVA with a hold rating and raises their CAVA price target from $49.00 to $60.00, on Feb 28, 2024.
Brian Mullan, a top 4% analyst from Piper Sandler maintains CAVA with a strong buy rating and raises their CAVA price target from $46.00 to $63.00, on Feb 28, 2024.
David Tarantino, a top 5% analyst from Baird maintains CAVA with a buy rating and raises their CAVA price target from $54.00 to $62.00, on Feb 15, 2024.
You can dive deeper into what analysts are projecting on the Cava Group stock forecast page.
CAVA Trading Indicators
Is CAVA Growing Revenue?
Last year, CAVA revenue was $728.70M. In the past two year, CAVA's revenue has gone up by 20.71% per year. This was faster than the Restaurants industry average of 8.08%.
Dig into CAVA's earnings and revenue performance here.
Are CAVA executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at CAVA have sold more shares than they have bought.
Theodoros Xenohristos, Director of CAVA, was the latest CAVA insider to sell. They sold $152,116.92 worth of CAVA stock on Mar 26, 2024.
Get more info about who owns CAVA stock here.
Can I rely on CAVA as an income stream?
No, Cava Group doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your CAVA buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you require additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in CAVA
Now that you own some CAVA stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the latest developments regarding your CAVA stock.
CAVA Feed
How to Buy Stock in Cava Group
To summarize, here are the 6 steps you need to take to buy Cava Group stock right now:
- Choose where to buy Cava Group stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Cava Group stock
- Place your CAVA buy order
- Get notifications regarding your investment in CAVA
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your new investment in Cava Group, add CAVA to your watchlist below.
Trending Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.