Sweetgreen Inc (NYSE:SG) has a beta value of 2.21 and has seen 1.98 million shares traded in the last trading session. The company, currently valued at $2.78B, closed the last trade at $24.53 per share which meant it gained $0.01 on the day or 0.04% during that session. The SG stock price is -7.83% off its 52-week high price of $26.45 and 69.63% above the 52-week low of $7.45. The 3-month trading volume is 2.42 million shares.
Sweetgreen Inc (NYSE:SG) trade information
Sporting 0.04% in the green in last session, the stock has traded in the green over the last five days, when the SG stock price touched $24.53 or saw a rise of 2.62%. Year-to-date, Sweetgreen Inc shares have moved 117.08%, while the 5-day performance has seen it change 20.72%. Over the past 30 days, the shares of Sweetgreen Inc (NYSE:SG) have changed -2.89%.
Sweetgreen Inc (SG) estimates and forecasts
Figures show that Sweetgreen Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 140.73% over the past 6 months, with this year growth rate of 26.80%, compared to 10.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 41.40% and 68.40% for the next quarter. Revenue growth from the last financial year stood is estimated to be 14.10%.
8 analysts offering their estimates for the company have set an average revenue estimate of $151.62 million for the current quarter. 8 have an estimated revenue figure of $179.09 million for the next quarter concluding in Jun 2024. Year-ago sales stood $125.06 million and $156.7 million respectively for this quarter and the next, and analysts expect sales will grow by 21.20% for the current quarter and 14.30% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.71% over the past 5 years. Earnings growth for 2024 is a modest 45.73% while over the next 5 years, the company’s earnings are expected to increase by 27.00%.
SG Dividends
Sweetgreen Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
