In last trading session, Sweetgreen Inc (NYSE:SG) saw 5.14 million shares changing hands with its beta currently measuring 2.36. Company’s recent per share price level of $23.25 trading at -$1.36 or -5.53% at ring of the bell on the day assigns it a market valuation of $2.69B. That closing price of SG’s stock is at a discount of -94.06% from its 52-week high price of $45.12 and is indicating a premium of 52.99% from its 52-week low price of $10.93.
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 red during last session for losing -5.53%, in the last five days SG remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $23.25 price level, adding 15.42% to its value on the day. Sweetgreen Inc’s shares saw a change of -27.48% in year-to-date performance and have moved -10.34% in past 5-day. Sweetgreen Inc (NYSE:SG) showed a performance of -30.60% in past 30-days.
Wall Street analysts have assigned a consensus price target of 36 to the stock, which implies a rise of 35.42% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 45. It follows that stock’s current price would jump 48.39% in reaching the projected high whereas dropping to the targeted low would mean a gain of 48.39% for stock’s current value.
Sweetgreen Inc (SG) estimates and forecasts
This year revenue growth is estimated to rise 16.18% 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 162.77M for the same. And 10 analysts are in estimates of company making revenue of 179.81M 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. In 2025, company’s earnings growth rate is likely to be around 27.67% while estimates for its earnings growth in next 5 years are of 32.36%.
Sweetgreen Inc (NYSE:SG)’s Major holders
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 10.8525 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 $131.94 million or 5.49% of the total outstanding shares. The later fund manager was in possession of 3.68 shares on Dec 31, 2024 , making its stake of worth around $85.49 million in the company or a holder of 3.56% of company’s stock.
