Should I buy or sell Sweetgreen stock right now?

9 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 6 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?

9 equities research analysts have issued 1 year price objectives for Sweetgreen's stock. Their SG share price targets range from $17.00 to $35.00. On average, they anticipate the company's stock price to reach $25.75 in the next twelve months. This suggests that the stock has a possible downside of 18.9%. 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 181.0% and is now trading at $31.75. 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 quarterly earnings results on Thursday, May, 9th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.02. The company earned $157.85 million during the quarter, compared to analyst estimates of $152.02 million. Sweetgreen had a negative trailing twelve-month return on equity of 20.74% and a negative net margin of 17.15%. The firm'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?

ETFs with the largest weight of Sweetgreen (NYSE:SG) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ) , First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and KraneShares Rockefeller Ocean Engagement ETF (KSEA) . Fidelity Blue Chip Growth ETF (FBCG) .

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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sweetgreen investors own include Chatham Lodging Trust (CLDT) , Shaw Communications (SJR) , Verizon Communications (VZ) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) , BCE (BCE) , Franklin Resources (BEN) , Bank of Nova Scotia (BNS) , British American Tobacco (BTI) and Carnival Co. & (CCL) .

When did Sweetgreen IPO?

Sweetgreen (SG) raised $312 million in an initial public offering 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 a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.27%), Vanguard Group Inc. (7.45%), Hood River Capital Management LLC (1.02%), Teca Partners LP (0.68%), Artemis Investment Management LLP (0.53%) and Lord Abbett & CO. LLC (0.49%). 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 .

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NYSE:SG

Sweetgreen (SG) Stock Price, News & Analysis

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$34.09

+2.34 (+7.37%)

(As of 11:27 AM ET)

Compare

Today's Range: $31.91
▼
$34.30
50-Day Range: $18.94
▼
$32.35
52-Week Range: $8.64
▼
$34.45

Volume: 3.20 million shs
Average Volume: 2.53 million shs
Market Capitalization: $3.86 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.75

Sweetgreen MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 18.9% Downside
$25.75 Price Target
Short Interest: Bearish
12.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 18 Articles This Week
Insider Trading: Selling Shares
$8.22 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.73) to ($0.53) 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.

1.20 out of 5 stars

Retail/Wholesale Sector

162nd out of 198 stocks

Eating Places Industry

39th out of 41 stocks

2.3

Analyst's Opinion

Consensus Rating
Sweetgreen has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Sweetgreen has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Sweetgreen's stock forecast and price target.

1.0

Short Interest

Percentage of Shares Shorted
12.54% of the float of Sweetgreen has been sold short.
Short Interest Ratio / Days to Cover
Sweetgreen has a short interest ratio ("days to cover") of 4.7.
Change versus previous month
Short interest in Sweetgreen has recently increased by 8.50%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Sweetgreen does not currently pay a dividend.
Dividend Growth
Sweetgreen does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SG.

2.0

News and Social Media Coverage

News Sentiment
Sweetgreen has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Sweetgreen this week, compared to 5 articles on an average week.
Search Interest
Only 8 people have searched for SG on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Sweetgreen to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sweetgreen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,217,396.00 in company stock.
Percentage Held by Insiders
21.52% of the stock of Sweetgreen is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
95.75% of the stock of Sweetgreen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Sweetgreen's insider trading history.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sweetgreen are expected to grow in the coming year, from ($0.73) to ($0.53) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sweetgreen is -34.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sweetgreen is -34.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sweetgreen has a P/B Ratio of 7.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Sweetgreen's valuation and earnings.

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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

30 days | 90 days | 365 days | Advanced Chart

SG Stock News Headlines

May 20 at 8:09 AM | marketbeat.com

3 Stocks That Look Like Chipotle in the Early Days

If you were an early investor in Chipotle Mexican Grill Inc. NYSE: CMG when it went public in January 2006 at just $22 a share, you'd be sitting pretty as it trades around $3,213. It's too easy (and painful) to look back and question why you "shoulda, woulda, coulda" bought shares before the meteoric rise when they were cheap.

May 20 at 8:09 AM | marketbeat.com

3 Stocks That Look Like Chipotle in the Early Days (SG)

If you missed getting in on Chipotle Mexican Grill, these three restaurant stocks may provide an opportunity for you to take another bite at the sector

May 18 at 4:24 AM | insidertrades.com

Jonathan Neman Sells 200,000 Shares of Sweetgreen, Inc. (NYSE:SG) Stock

May 13, 2024 | marketbeat.com

Sweetgreen: Is There Meat Behind the 30% Earnings Surge?

Fast casual restaurant chain Sweetgreen Inc. NYSE: SG shares catapulted 34% on its Q1 2024 earnings report. While the retail/wholesale sector company still lost money and missed earnings estimates, losing 5 cents more than the loss of 18 cents consensus estimates, shares still skyrocketed to the bewilderment of bears.

May 13, 2024 | marketbeat.com

Sweetgreen: Is There Meat Behind the 30% Earnings Surge?

Fast casual restaurant chain Sweetgreen Inc. (NYSE: SG) shares catapulted 34% on its Q1 2024 earnings report. While the company still lost money and missed ea

May 10, 2024 | marketbeat.com

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

May 20 at 7:30 AM | cnbc.com

Are consumers pulling back on spending? It depends which CEO you ask

May 17 at 5:41 AM | americanbankingnews.com

William Blair Reiterates Outperform Rating for Sweetgreen (NYSE:SG)

May 14, 2024 | americanbankingnews.com

Morgan Stanley Raises Sweetgreen (NYSE:SG) Price Target to $17.00

May 14, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Given New $35.00 Price Target at Royal Bank of Canada

May 14, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Given New $26.00 Price Target at TD Cowen

May 14, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Sees Strong Trading Volume on Analyst Upgrade

May 12, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) PT Raised to $30.00

May 12, 2024 | za.investing.com

Sweetgreen stock surges on revenue beat

May 12, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) PT Raised to $28.00 at Citigroup

May 11, 2024 | msn.com

Top Stock Movers Now: TSMC, Moderna, Sweetgreen, and More

May 11, 2024 | msn.com

Sweetgreen’s stock rockets 37% as analysts welcome nationwide rollout of steak dishes

May 11, 2024 | cnbc.com

Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown

May 11, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Hits New 1-Year High After Analyst Upgrade

May 10, 2024 | finance.yahoo.com

Why Sweetgreen (SG) Stock Is Up Today

May 10, 2024 | wsj.com

Sweetgreen Stock Jumps After Company Lifts Outlook

May 10, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Sweetgreen (SG) and Hanesbrands (HBI)

May 10, 2024 | msn.com

Sweetgreen, Inc. (NYSE:SG) Q1 2024 Earnings Call Transcript

May 10, 2024 | fxstreet.com

Sweetgreen Earnings News: SG stock spikes 34% on 26% revenue gain

May 10, 2024 | finance.yahoo.com

Sweetgreen Inc (SG) Q1 2024 Earnings: Revenue Surpasses Estimates Despite Wider Losses

See More Headlines

Company Calendar

Last Earnings: 5/09/2024
Today: 5/20/2024
Next Earnings (Estimated): 7/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Eating places
Sub-Industry: N/A
Current Symbol: NYSE:SG
CUSIP: N/A
CIK: 1477815
Web: www.sweetgreen.com
Phone: 323-990-7040
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: -23.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.56
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.93)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-113,380,000.00
Net Margins: -17.15%
Pretax Margin: -17.13%
Return on Equity: -20.74%
Return on Assets: -11.75%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.02
Quick Ratio: 3.00

Sales & Book Value

Annual Sales: $584.04 million
Price / Sales: 6.54
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.28 per share
Price / Book: 7.87

Miscellaneous

Outstanding Shares: 113,310,000
Free Float: 88,926,000
Market Cap: $3.82 billion
Optionable: Optionable
Beta: 2.22

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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SG Stock Analysis - Frequently Asked Questions

Should I buy or sell Sweetgreen stock right now?: 9 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 6 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?: 9 equities research analysts have issued 1 year price objectives for Sweetgreen's stock. Their SG share price targets range from $17.00 to $35.00. On average, they anticipate the company's stock price to reach $25.75 in the next twelve months. This suggests that the stock has a possible downside of 18.9%.
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 181.0% and is now trading at $31.75.
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 quarterly earnings results on Thursday, May, 9th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.02. The company earned $157.85 million during the quarter, compared to analyst estimates of $152.02 million. Sweetgreen had a negative trailing twelve-month return on equity of 20.74% and a negative net margin of 17.15%. The firm'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?: ETFs with the largest weight of Sweetgreen (NYSE:SG) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and KraneShares Rockefeller Ocean Engagement ETF (KSEA).Fidelity Blue Chip Growth ETF (FBCG).

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?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sweetgreen investors own include Chatham Lodging Trust (CLDT), Shaw Communications (SJR), Verizon Communications (VZ), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI) and Carnival Co. & (CCL).
When did Sweetgreen IPO?: Sweetgreen (SG) raised $312 million in an initial public offering 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 a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.27%), Vanguard Group Inc. (7.45%), Hood River Capital Management LLC (1.02%), Teca Partners LP (0.68%), Artemis Investment Management LLP (0.53%) and Lord Abbett & CO. LLC (0.49%). 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 5/20/2024 by MarketBeat.com Staff

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Sweetgreen (SG) Stock Price, News & Analysis

Sweetgreen MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Sweetgreen Stock (NYSE:SG)

SG Stock Price History

SG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™