Sweetgreen Inc (SG) concluded trading on Wednesday at a closing price of $33.71, with 3.42 million shares of worth about $115.39 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.64% during that period and on January 29, 2025 the price saw a gain of about 6.07%. 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 15.72% in past 5 days and over the past one month there was a price change of 1.05%. Year-to-date (YTD), SG shares are showing a performance of 5.15% which increased to 221.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.35 but also hit the highest price of $45.12 during that period. The average intraday trading volume for Sweetgreen Inc shares is 2.83 million. The stock is currently trading 5.27% above its 20-day simple moving average (SMA20), while that difference is down -4.50% for SMA50 and it goes to 5.11% higher than SMA200.
Sweetgreen Inc (NYSE: SG) currently have 103.36M outstanding shares and institutions hold larger chunk of about 88.70% of that.
The stock has a current market capitalization of $3.90B 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 7.12% while standing at 5.77% over the month.
Stock’s fiscal year EPS is expected to rise by 28.10% while it is estimated to increase by 41.06% 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.
