For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $29.96 in the prior trading day, Sweetgreen Inc (NYSE: SG) closed at $30.03, up 0.23%. In other words, the price has increased by $0.23 from its previous closing price. On the day, 3.02 million shares were traded. SG stock price reached its highest trading level at $30.5 during the session, while it also had its lowest trading level at $28.95.
Ratios:
Our goal is to gain a better understanding of SG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.57 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 10, 2025, Upgraded its rating to Buy and sets its target price to $49 from $44 previously.
Goldman Downgraded its Buy to Neutral on November 08, 2024, while the target price for the stock was maintained at $40.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 15 ’25 when Reback Mitch sold 8,000 shares for $33.13 per share. The transaction valued at 265,072 led to the insider holds 350,981 shares of the business.
MITCHELL C REBACK bought 24,000 shares of SG for $785,760 on Jan 15 ’25. On Dec 13 ’24, another insider, Jammet Nicolas, who serves as the Chief Concept Officer of the company, sold 170,199 shares for $37.73 each. As a result, the insider received 6,421,608 and left with 1,760,034 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SG now has a Market Capitalization of 3473600256 and an Enterprise Value of 3553435904. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.19 while its Price-to-Book (P/B) ratio in mrq is 7.49. Its current Enterprise Value per Revenue stands at 5.312 whereas that against EBITDA is -101.806.
Stock Price History:
The Beta on a monthly basis for SG is 2.33, which has changed by 1.6932735 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, SG has reached a high of $45.12, while it has fallen to a 52-week low of $10.17. The 50-Day Moving Average of the stock is -15.74%, while the 200-Day Moving Average is calculated to be -5.98%.
Shares Statistics:
The stock has traded on average 2.85M shares per day over the past 3-months and 2882150 shares per day over the last 10 days, according to various share statistics. A total of 103.36M shares are outstanding, with a floating share count of 95.35M. Insiders hold about 17.57% of the company’s shares, while institutions hold 88.72% stake in the company. Shares short for SG as of 1735603200 were 15029882 with a Short Ratio of 5.28, compared to 1732838400 on 13098262. Therefore, it implies a Short% of Shares Outstanding of 15029882 and a Short% of Float of 20.01.
