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The price of Sweetgreen Inc (NYSE: SG) closed at $32.90 in the last session, up 0.73% from day before closing price of $32.66. In other words, the price has increased by $0.73 from its previous closing price. On the day, 1.25 million shares were traded. SG stock price reached its highest trading level at $33.79 during the session, while it also had its lowest trading level at $32.83.
Ratios:
We take a closer look at SG’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3805576192 and an Enterprise Value of 3885411072. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.69 while its Price-to-Book (P/B) ratio in mrq is 8.21. Its current Enterprise Value per Revenue stands at 5.808 whereas that against EBITDA is -111.317.
Stock Price History:
The Beta on a monthly basis for SG is 2.38, which has changed by 1.9186773 over the last 52 weeks, in comparison to a change of 0.2000997 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 $10.45. The 50-Day Moving Average of the stock is -6.43%, while the 200-Day Moving Average is calculated to be 1.85%.
Shares Statistics:
According to the various share statistics, SG traded on average about 2.84M shares per day over the past 3-months and 3096130 shares per day over the past 10 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 87.93% stake in the company. Shares short for SG as of 1736899200 were 15336094 with a Short Ratio of 5.40, compared to 1734048000 on 13370716. Therefore, it implies a Short% of Shares Outstanding of 15336094 and a Short% of Float of 20.41.
Earnings Estimates
The stock of Sweetgreen Inc (SG) is currently being evaluated by 6.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.1 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.32 and -$0.79 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.4, with 6.0 analysts recommending between -$0.25 and -$0.59.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $163.28M. It ranges from a high estimate of $169.65M to a low estimate of $160.97M. As of the current estimate, Sweetgreen Inc’s year-ago sales were $153.03MFor the next quarter, 11 analysts are estimating revenue of $181.32M. There is a high estimate of $188.63M for the next quarter, whereas the lowest estimate is $177.1M.
A total of 12 analysts have provided revenue estimates for SG’s current fiscal year. The highest revenue estimate was $685.57M, while the lowest revenue estimate was $676.57M, resulting in an average revenue estimate of $679M. In the same quarter a year ago, actual revenue was $584.04MBased on 12 analysts’ estimates, the company’s revenue will be $793.06M in the next fiscal year. The high estimate is $811.21M and the low estimate is $772.5M.
