Is CAVA Group, Inc. (CAVA) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks
2024-12-16

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Cava Group (CAVA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.

Cava Group is a member of the Retail-Wholesale sector. This group includes 212 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Cava Group is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for CAVA's full-year earnings has moved 17.5% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, CAVA has returned 188.6% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 33.9% on average. As we can see, Cava Group is performing better than its sector in the calendar year.

One other Retail-Wholesale stock that has outperformed the sector so far this year is Petco Health & Wellness (WOOF). The stock is up 40.8% year-to-date.

For Petco Health & Wellness, the consensus EPS estimate for the current year has increased 5.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Cava Group belongs to the Retail - Restaurants industry, a group that includes 42 individual stocks and currently sits at #142 in the Zacks Industry Rank. Stocks in this group have gained about 8.4% so far this year, so CAVA is performing better this group in terms of year-to-date returns.

In contrast, Petco Health & Wellness falls under the Retail - Miscellaneous industry. Currently, this industry has 18 stocks and is ranked #195. Since the beginning of the year, the industry has moved +9.8%.

Investors with an interest in Retail-Wholesale stocks should continue to track Cava Group and Petco Health & Wellness. These stocks will be looking to continue their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

CAVA Group, Inc. (CAVA) : Free Stock Analysis Report

Petco Health and Wellness Company, Inc. (WOOF) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10