Sweetgreen (SG) Stock Price, News & Analysis

$31.61
+8.05 (+34.17%)
(As of 05/10/2024 ET)
Today's Range
$30.00
$34.45
50-Day Range
$16.36
$25.60
52-Week Range
$8.64
$34.45
Volume
21.43 million shs
Average Volume
2.25 million shs
Market Capitalization
$3.57 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

Sweetgreen MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
18.5% Downside
$25.75 Price Target
Short Interest
Bearish
12.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Sweetgreen in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$2.09 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.71) to ($0.52) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.14 out of 5 stars

Retail/Wholesale Sector

178th out of 203 stocks

Eating Places Industry

40th out of 42 stocks

SG stock logo

About Sweetgreen Stock (NYSE:SG)

Sweetgreen, Inc., together with its subsidiaries, operates fast food restaurants serving healthy foods at scale in the United States. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed. The company was founded in 2006 and is headquartered in Los Angeles, California.

SG Stock Price History

SG Stock News Headlines

Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall, 5/10/2024
Stocks that are trading heavily or have substantial price changes on Friday: Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall
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Company Calendar

Last Earnings
5/09/2024
Today
5/10/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
N/A
Fax
N/A
Employees
6,186
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.75
High Stock Price Target
$35.00
Low Stock Price Target
$17.00
Potential Upside/Downside
-30.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-113,380,000.00
Pretax Margin
-19.35%

Debt

Sales & Book Value

Annual Sales
$584.04 million
Book Value
$4.28 per share

Miscellaneous

Free Float
88,667,000
Market Cap
$3.57 billion
Optionable
Optionable
Beta
2.22
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Key Executives

  • Mr. Jonathan Neman (Age 38)
    Co-Founder, Chairman, President & CEO
    Comp: $622.55k
  • Mr. Nicolas H. Jammet (Age 38)
    Co-Founder, Secretary, Chief Concept Officer & Director
  • Mr. Nathaniel Ru (Age 38)
    Co-Founder, Treasurer, Chief Brand Officer & Director
  • Ms. Wouleta Ayele (Age 58)
    Chief Technology Officer
    Comp: $624.84k
  • Mr. Chad Brauze
    Head of Culinary
  • Mr. Timothy Noonan
    Senior Vice President of Development

SG Stock Analysis - Frequently Asked Questions

Should I buy or sell Sweetgreen stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sweetgreen in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SG shares.
View SG analyst ratings
or view top-rated stocks.

What is Sweetgreen's stock price target for 2024?

8 brokers have issued 12 month price objectives for Sweetgreen's stock. Their SG share price targets range from $17.00 to $35.00. On average, they predict the company's share price to reach $25.75 in the next twelve months. This suggests that the stock has a possible downside of 18.5%.
View analysts price targets for SG
or view top-rated stocks among Wall Street analysts.

How have SG shares performed in 2024?

Sweetgreen's stock was trading at $11.30 at the beginning of 2024. Since then, SG stock has increased by 179.7% and is now trading at $31.61.
View the best growth stocks for 2024 here
.

When is Sweetgreen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our SG earnings forecast
.

How were Sweetgreen's earnings last quarter?

Sweetgreen, Inc. (NYSE:SG) posted its earnings results on Thursday, May, 9th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.02. The firm had revenue of $157.85 million for the quarter, compared to the consensus estimate of $152.02 million. Sweetgreen had a negative net margin of 17.15% and a negative trailing twelve-month return on equity of 20.45%. Sweetgreen's quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.29) EPS.

What ETFs hold Sweetgreen's stock?
What guidance has Sweetgreen issued on next quarter's earnings?

Sweetgreen issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $660.0 million-$675.0 million, compared to the consensus revenue estimate of $666.8 million.

What other stocks do shareholders of Sweetgreen own?
When did Sweetgreen IPO?

Sweetgreen (SG) raised $312 million in an initial public offering (IPO) on Thursday, November 18th 2021. The company issued 13,000,000 shares at a price of $23.00-$25.00 per share.

Who are Sweetgreen's major shareholders?

Sweetgreen's stock is owned by many different institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (10.27%), Vanguard Group Inc. (7.45%), Artemis Investment Management LLP (0.53%), Lord Abbett & CO. LLC (0.49%), Swiss National Bank (0.16%) and Yarra Square Partners LP (0.14%). Insiders that own company stock include Adrienne Gemperle, Chris Carr, Daniel Shlossman, James Mcphail, Jonathan Neman, Mitch Reback, Nathaniel Ru, Nicolas Jammet and Wouleta Ayele.
View institutional ownership trends
.

How do I buy shares of Sweetgreen?

Shares of SG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SG) was last updated on 5/11/2024 by MarketBeat.com Staff

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