Cava Group, Inc. (CAVA) has experienced a decline of 9.8% in stock price over the past month, contrasting with a 5.1% gain in the S&P 500, while the Zacks Retail – Restaurants industry dropped 1.1%. The consensus earnings estimate for the current quarter is $0.17 per share, a 6.3% increase year-over-year, with a projected revenue of $354.62 million, reflecting a year-over-year growth of 26.4%.
For the next fiscal year, Cava’s earnings estimate stands at $0.71, indicating a 30% increase from the previous year. The company reported revenues of $438.27 million in its last quarter, a 32.1% annual increase, beating the Zacks consensus estimate of $419.46 million by 4.49% and exceeding EPS estimates by 17.65%.
Currently rated Zacks Rank #3 (Hold), Cava’s valuation is considered premium, reflected in an F grade on the Zacks Value Style Score, suggesting it may be overvalued relative to its peers.
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