Currently, there are 105.20M common shares owned by the public and among those 97.13M shares have been available to trade.
The company’s stock has a 5-day price change of -19.54% and -49.37% over the past three months. SG shares are trading -47.10% year to date (YTD), with the 12-month market performance down to -18.50% lower. It has a 12-month low price of $18.45 and touched a high of $45.12 over the same period. SG has an average intraday trading volume of 4.06 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -24.93%, -28.14%, and -45.49% respectively.
Institutional ownership of Sweetgreen Inc (NYSE: SG) shares accounts for 89.31% of the company’s 105.20M shares outstanding.
It has a market capitalization of $1.99B and a beta (3y monthly) value of 2.40. The earnings-per-share (ttm) stands at -$0.79. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.76% over the week and 8.62% over the month.
Analysts forecast that Sweetgreen Inc (SG) will achieve an EPS of -0.17 for the current quarter, -0.01 for the next quarter and -0.24 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.25 while analysts give the company a high EPS estimate of -0.25. Comparatively, EPS for the current quarter was -0.12 a year ago. Earnings per share for the fiscal year are expected to increase by 34.73%, and 33.51% over the next financial year. EPS should grow at an annualized rate of 49.86% over the next five years, compared to -4.72% over the past 5-year period.
Looking at the support for the SG, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on February 27, 2025, with the firm’s price target at $37-$32. Citigroup coverage for the Sweetgreen Inc (SG) stock in a research note released on January 10, 2025 offered a Buy rating with a price target of $49. KeyBanc Capital Markets was of a view on December 11, 2024 that the stock is Sector Weight, while Goldman gave the stock Neutral rating on November 08, 2024, issuing a price target of $40. TD Cowen on their part issued Buy rating on September 04, 2024.
