Sweetgreen Inc (SG) concluded trading on Wednesday at a closing price of $29.13, with 5.15 million shares of worth about $150.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.80% during that period and on January 22, 2025 the price saw a loss of about -4.49%. Currently the company’s common shares owned by public are about 103.36M shares, out of which, 95.35M shares are available for trading.
Stock saw a price change of -11.03% in past 5 days and over the past one month there was a price change of -13.38%. Year-to-date (YTD), SG shares are showing a performance of -9.14% which increased to 174.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.09 but also hit the highest price of $45.12 during that period. The average intraday trading volume for Sweetgreen Inc shares is 2.77 million. The stock is currently trading -10.66% below its 20-day simple moving average (SMA20), while that difference is down -19.26% for SMA50 and it goes to -8.66% lower than SMA200.
Sweetgreen Inc (NYSE: SG) currently have 103.36M outstanding shares and institutions hold larger chunk of about 88.35% of that.
The stock has a current market capitalization of $3.37B and its 3Y-monthly beta is at 2.37. 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 5.75% while standing at 5.14% over the month.
Analysts are in expectations that Sweetgreen Inc (SG) stock would likely to be making an EPS of -0.18 in the current quarter, while forecast for next quarter EPS is -0.14 and it is -0.39 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.25 which is -0.12 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 28.10% while it is estimated to increase by 41.34% in next year.
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 Citigroup on January 10, 2025 offering a Buy rating for the stock and assigned a target price range of between $44 and $49 to it. On November 08, 2024, Goldman Downgrade their recommendations, while on September 04, 2024, TD Cowen Upgrade their ratings for the stock with a price target of $43. Stock get a Neutral rating from Piper Sandler on August 19, 2024.
