Sweetgreen Inc (NYSE:SG) has a beta value of 2.36 and has seen 1.14 million shares traded in the recent trading session. The company, currently valued at $2.74B, closed the recent trade at $23.65 per share which meant it lost -$0.96 on the day or -3.90% during that session. The SG stock price is -90.78% off its 52-week high price of $45.12 and 53.78% above the 52-week low of $10.93.
The consensus among analysts is that Sweetgreen Inc (SG) is Buy stock at the moment, with a recommendation rating of 1.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 9 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.18.
Sweetgreen Inc (NYSE:SG) trade information
Sporting -3.90% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SG stock price touched $23.65 or saw a rise of 13.97%. Year-to-date, Sweetgreen Inc shares have moved -26.23%, while the 5-day performance has seen it change -8.79%. Over the past 30 days, the shares of Sweetgreen Inc (NYSE:SG) have changed -29.40%.
Wall Street analysts have a consensus price target for the stock at $36, which means that the shares’ value could jump 34.31% from the levels at last check today. The projected low price target is $12.0 while the price target rests at a high of $45.0. In that case, then, we find that the latest price level in today’s session is -90.27% off the targeted high while a plunge would see the stock lose 49.26% from the levels at last check today.
Sweetgreen Inc (SG) estimates and forecasts
The company’s shares have lost -36.71% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 16.18%.
11 analysts offering their estimates for the company have set an average revenue estimate of 162.77M for the current quarter. 10 have an estimated revenue figure of 179.81M for the next ending quarter. Year-ago sales stood 153.03M and 157.85M respectively for this quarter and the next, and analysts expect sales will grow by 6.37% for the current quarter and 16.18% 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 2025 is a modest 27.67% while over the next 5 years, the company’s earnings are expected to increase by 32.36%.
SG Dividends
Sweetgreen Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sweetgreen Inc (NYSE:SG)’s Major holders
The top two institutional holders are BAILLIE GIFFORD & CO with over 12.33 million shares worth more than $371.52 million. As of 2024-06-30, BAILLIE GIFFORD & CO held 10.8525% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 10.97 million shares as of 2024-06-30. The firm’s total holdings are worth over $330.64 million and represent 9.7276% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard U.S. Growth Fund and Fidelity Blue Chip Growth Fund. As of Nov 30, 2024, the former fund manager holds about 5.49% shares in the company for having 5.67 shares of worth $134.83 million while later fund manager owns 3.68 shares of worth $87.36 million as of Dec 31, 2024, which makes it owner of about 3.56% of company’s outstanding stock.
