Is CAVA Stock's 13.49X P/S Still Worth it? Buy, Sell or Hold?
CAVACAVA (CAVA) ZACKS·2024-09-24 21:56

CAVA Group, Inc.'s (CAVA) shares are trading at a substantial premium, far outpacing the Zacks RetailRestaurant industry. With a forward 12-month Price-to-Sales ratio of 13.49x, CAVA dwarfs the Zacks RetailRestaurant industry's average of 3.95x and the broader Retail-Wholesale sector's 1.42x. CAVA's shares have surged 295.7% in the past year compared with the industry's appreciation of 10.4% and the S&P 500's 31.2% increase. CAVA has outpaced other industry players like Chipotle Mexican Grill, Inc. (CMG) , ...