Sweetgreen Inc (SG) concluded trading on Wednesday at a closing price of $23.14, with 7.2 million shares of worth about $166.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.54% during that period and on Wednesday the price saw a gain of about 3.26%. Currently the company’s common shares owned by public are about 103.36M shares, out of which, 95.36M shares are available for trading.
Stock saw a price change of -0.47% in past 5 days and over the past one month there was a price change of -23.25%. Year-to-date (YTD), SG shares are showing a performance of -27.82% which increased to 102.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.21 but also hit the highest price of $45.12 during that period. The average intraday trading volume for Sweetgreen Inc shares is 2.81 million. The stock is currently trading -16.74% below its 20-day simple moving average (SMA20), while that difference is down -24.94% for SMA50 and it goes to -29.00% lower than SMA200.
Sweetgreen Inc (NYSE: SG) currently have 103.36M outstanding shares and institutions hold larger chunk of about 90.42% of that.
The stock has a current market capitalization of $2.68B and its 3Y-monthly beta is at 2.45. 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 7.75% while standing at 6.77% over the month.
Stock’s fiscal year EPS is expected to rise by 39.37% while it is estimated to increase by 32.07% in next year. EPS is likely to grow at an annualized rate of 51.52% 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 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.
