In last trading session, Sweetgreen Inc (NYSE:SG) saw 3.42 million shares changing hands with its beta currently measuring 2.37. Company’s recent per share price level of $33.71 trading at $1.93 or 6.07% at ring of the bell on the day assigns it a market valuation of $3.90B. That closing price of SG’s stock is at a discount of -33.85% from its 52-week high price of $45.12 and is indicating a premium of 69.3% from its 52-week low price of $10.35. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.74 million shares which gives us an average trading volume of 2.83 million if we extend that period to 3-months.
For Sweetgreen Inc (SG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 9 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.18 in the current quarter.
Sweetgreen Inc (NYSE:SG) trade information
Upright in the green during last session for gaining 6.07%, in the last five days SG remained trading in the green while hitting it’s week-highest on Wednesday, 01/29/25 when the stock touched $33.71 price level, adding 0.88% to its value on the day. Sweetgreen Inc’s shares saw a change of 5.15% in year-to-date performance and have moved 15.72% in past 5-day. Sweetgreen Inc (NYSE:SG) showed a performance of 1.05% in past 30-days. Number of shares sold short was 15.34 million shares which calculate 6.74 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 39.5 to the stock, which implies a rise of 14.66% to its current value. Analysts have been projecting 39 as a low price target for the stock while placing it at a high target of 40. It follows that stock’s current price would drop -15.69% in reaching the projected high whereas dropping to the targeted low would mean a loss of -15.69% for stock’s current value.
Sweetgreen Inc (SG) estimates and forecasts
Statistics highlight that Sweetgreen Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 27.64% of value to its shares in past 6 months, showing an annual growth rate of 23.71% while that of industry is 6.40. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 16.26% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 163.28M for the same. And 10 analysts are in estimates of company making revenue of 181.32M in the next quarter. Company posted 153.03M and 157.85M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.71% during past 5 years.
Sweetgreen Inc (NYSE:SG)’s Major holders
Insiders are in possession of 2.55% of company’s total shares while institution are holding 101.91 percent of that, with stock having share float percentage of 104.57%. Investors also watch the number of corporate investors in a company very closely, which is 101.91% institutions for Sweetgreen Inc that are currently holding shares of the company. BAILLIE GIFFORD & CO is the top institutional holder at SG for having 12.33 million shares of worth $371.52 million. And as of 2024-06-30, it was holding 10.9302 of the company’s outstanding shares.
The second largest institutional holder is FMR LLC, which was holding about 10.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.7276 of outstanding shares, having a total worth of $330.64 million.
On the other hand, Vanguard U.S. Growth Fund and Fidelity Blue Chip Growth Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 5.67 shares of worth $191.29 million or 5.49% of the total outstanding shares. The later fund manager was in possession of 3.52 shares on Nov 30, 2024 , making its stake of worth around $118.5 million in the company or a holder of 3.40% of company’s stock.
