The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Sweetgreen Inc’s stock clocked out at $32.23, up 0.91% from its previous closing price of $31.94. In other words, the price has increased by $0.91 from its previous closing price. On the day, 2.29 million shares were traded. SG stock price reached its highest trading level at $32.94 during the session, while it also had its lowest trading level at $31.5.
Ratios:
To gain a deeper understanding of SG’s stock, we examine 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.
On November 08, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $40.
TD Cowen Upgraded its Hold to Buy on September 04, 2024, whereas the target price for the stock was revised from $31 to $43.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 13 ’24 when Jammet Nicolas sold 170,199 shares for $37.73 per share. The transaction valued at 6,421,608 led to the insider holds 1,760,034 shares of the business.
Ru Nathaniel sold 170,199 shares of SG for $6,421,608 on Dec 13 ’24. The Chief Brand Officer now owns 1,781,930 shares after completing the transaction at $37.73 per share. On Dec 13 ’24, another insider, Neman Jonathan, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 170,199 shares for $37.73 each. As a result, the insider received 6,421,608 and left with 1,760,029 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 3728076288 and an Enterprise Value of 3807911680. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.57 while its Price-to-Book (P/B) ratio in mrq is 8.04. Its current Enterprise Value per Revenue stands at 5.692 whereas that against EBITDA is -109.097.
Stock Price History:
Over the past 52 weeks, SG has reached a high of $45.12, while it has fallen to a 52-week low of $9.66. The 50-Day Moving Average of the stock is -13.12%, while the 200-Day Moving Average is calculated to be 1.99%.
Shares Statistics:
It appears that SG traded 2.85M shares on average per day over the past three months and 2180190 shares per day over the past ten days. A total of 103.36M shares are outstanding, with a floating share count of 95.34M. Insiders hold about 17.57% of the company’s shares, while institutions hold 88.29% stake in the company. Shares short for SG as of 1734048000 were 13370716 with a Short Ratio of 4.70, compared to 1731628800 on 13597624. Therefore, it implies a Short% of Shares Outstanding of 13370716 and a Short% of Float of 17.799999.
