In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Sweetgreen Inc’s stock clocked out at $33.23, up 0.70% from its previous closing price of $33.00. In other words, the price has increased by $0.70 from its previous closing price. On the day, 1.11 million shares were traded. SG stock price reached its highest trading level at $33.7542 during the session, while it also had its lowest trading level at $32.795.
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.
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:
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 Jan 15 ’25 when MITCHELL C REBACK bought 24,000 shares for $32.74 per share.
Jammet Nicolas sold 170,199 shares of SG for $6,421,608 on Dec 13 ’24. The Chief Concept Officer now owns 1,760,034 shares after completing the transaction at $37.73 per share. On Dec 13 ’24, another insider, Ru Nathaniel, who serves as the Chief Brand Officer of the company, sold 170,199 shares for $37.73 each. As a result, the insider received 6,421,608 and left with 1,781,930 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 3843747328 and an Enterprise Value of 3923582464. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.75 while its Price-to-Book (P/B) ratio in mrq is 8.29. Its current Enterprise Value per Revenue stands at 5.865 whereas that against EBITDA is -112.411.
Stock Price History:
The Beta on a monthly basis for SG is 2.39, which has changed by 2.1073446 over the last 52 weeks, in comparison to a change of 0.22677135 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 $9.66. The 50-Day Moving Average of the stock is -9.19%, while the 200-Day Moving Average is calculated to be 4.54%.
Shares Statistics:
It appears that SG traded 2.75M shares on average per day over the past three months and 2363830 shares per day over the past ten days. 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 88.37% stake in the company. Shares short for SG as of 1735603200 were 15029882 with a Short Ratio of 5.47, compared to 1732838400 on 13098262. Therefore, it implies a Short% of Shares Outstanding of 15029882 and a Short% of Float of 20.01.
