In the latest trading session,, 2.07 million Sweetgreen Inc (NYSE:SG) shares changed hands as the company’s beta touched 2.04. With the company’s most recent per share price at $14.58 changing hands around $0.99 or 7.28% at last look, the market valuation stands at $1.72B. SG’s current price is a discount, trading about -209.47% off its 52-week high of $45.12. The share price had its 52-week low at $11.86, which suggests the last value was 18.66% up since then. When we look at Sweetgreen Inc’s average trading volume, we note the 10-day average is 5.33 million shares, with the 3-month average coming to 5.08 million.
Analysts gave the Sweetgreen Inc (SG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.86. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SG as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Sweetgreen Inc (NYSE:SG) trade information
Instantly SG is in green as seen in intraday trades today. With action 13.73%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -48.88%, with the 5-day performance at 13.73% in the green. However, in the 30-day time frame, Sweetgreen Inc (NYSE:SG) is 14.26% up. Looking at the short shares, we see there were 15.57 million shares sold at short interest cover period of 3.14 days.
The consensus price target for the stock as assigned by Wall Street analysts is 24, meaning bulls need an upside of 39.25% from its recent market value. According to analyst projections, SG’s forecast low is 24 with 24 as the target high. To hit the forecast high, the stock’s price needs a -64.61% plunge from its current level, while the stock would need to soar -64.61% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.72%. The 2025 estimates are for Sweetgreen Inc earnings to increase by 30.39%, but the outlook for the next 5-year period is at 33.48% per year.
SG Dividends
Sweetgreen Inc is expected to release its next quarterly earnings report on 2025-May-08.
Sweetgreen Inc (NYSE:SG)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.51% of Sweetgreen Inc shares while 108.55% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 112.50%. There are 108.55% institutions holding the Sweetgreen Inc stock share, with BAILLIE GIFFORD & CO the top institutional holder. As of 2024-06-30, the company held 10.8525% of the shares, roughly 12.33 million SG shares worth $371.52 million.
FMR LLC holds the second largest percentage of outstanding shares, with 9.6585% or 10.97 million shares worth $330.64 million as of 2024-06-30.
