Sweetgreen Inc (SG) concluded trading on Wednesday at a closing price of $35.64, with 3.87 million shares of worth about $137.86 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.69% during that period and on November 13, 2024 the price saw a loss of about -5.96%. Currently the company’s common shares owned by public are about 99.70M shares, out of which, 94.26M shares are available for trading.
Stock saw a price change of -14.41% in past 5 days and over the past one month there was a price change of -6.75%. Year-to-date (YTD), SG shares are showing a performance of 215.40% which increased to 284.88% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.83 but also hit the highest price of $42.77 during that period. The average intraday trading volume for Sweetgreen Inc shares is 3.28 million. The stock is currently trading -5.98% below its 20-day simple moving average (SMA20), while that difference is down -1.09% for SMA50 and it goes to 28.57% higher than SMA200.
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Sweetgreen Inc (NYSE: SG) currently have 99.70M outstanding shares and institutions hold larger chunk of about 82.44% of that.
The stock has a current market capitalization of $4.12B and its 3Y-monthly beta is at 2.30. It has posted earnings per share of -$0.78 in the same period. It has Quick Ratio of 2.57 while making debt-to-equity ratio of 0.68. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SG, volatility over the week remained 9.49% while standing at 6.53% over the month.
Stock’s fiscal year EPS is expected to rise by 28.25% while it is estimated to increase by 39.67% in next year. EPS is likely to grow at an annualized rate of 27.00% for next 5-years, compared to annual growth of -12.71% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on November 08, 2024 offering a Neutral rating for the stock and assigned a target price of $40 to it. Coverage by TD Cowen stated Sweetgreen Inc (SG) stock as a Buy in their note to investors on September 04, 2024, suggesting a price target of $43 for the stock. On August 19, 2024, Piper Sandler Downgrade their recommendations, while on July 17, 2024, UBS Initiated their ratings for the stock with a price target of $31. Stock get an Equal-weight rating from Morgan Stanley on July 16, 2024.
