NYSE:SG Sweetgreen (SG) Stock Forecast, Price & News $10.66 +0.04 (+0.38%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$10.53▼$11.0550-Day Range$6.89▼$10.6652-Week Range$6.10▼$21.66Volume1.58 million shsAverage Volume1.19 million shsMarket Capitalization$1.19 billionP/E RatioN/ADividend YieldN/APrice Target$10.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Sweetgreen MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside0.1% Upside$10.67 Price TargetShort InterestHealthy11.85% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.18Based on 5 Articles This WeekInsider TradingSelling Shares$2.15 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.99) to ($0.88) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.56 out of 5 starsRetail/Wholesale Sector167th out of 200 stocksEating Places Industry38th out of 42 stocks 1.1 Analyst's Opinion Consensus RatingSweetgreen has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.67, Sweetgreen has a forecasted upside of 0.1% from its current price of $10.66.Amount of Analyst CoverageSweetgreen has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted11.85% of the float of Sweetgreen has been sold short.Short Interest Ratio / Days to CoverSweetgreen has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Sweetgreen has recently decreased by 7.99%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldSweetgreen does not currently pay a dividend.Dividend GrowthSweetgreen does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SG. Previous Next 2.3 News and Social Media Coverage News SentimentSweetgreen has a news sentiment score of 0.18. 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 is a lower news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Sweetgreen this week, compared to 4 articles on an average week.Search Interest4 people have searched for SG on MarketBeat in the last 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn 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 $2,151,008.00 in company stock.Percentage Held by Insiders22.03% 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 Institutions84.30% of the stock of Sweetgreen is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Sweetgreen are expected to grow in the coming year, from ($0.99) to ($0.88) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sweetgreen is -6.97, 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. SectorThe P/E ratio of Sweetgreen is -6.97, 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 RatioSweetgreen has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Sweetgreen (NYSE:SG) StockSweetgreen, Inc., together with its subsidiaries, develops and operates fast-casual restaurants serving healthy foods prepared from seasonal and organic ingredients. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that can be redeemed in its restaurants. As of September 26, 2021, it owned and operated 140 restaurants in 13 states and Washington, D.C. The company was founded in 2006 and is headquartered in Los Angeles, California.Read More Receive SG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sweetgreen and its competitors with MarketBeat's FREE daily newsletter. Email Address SG Stock News HeadlinesJune 7, 2023 | americanbankingnews.comCritical Analysis: Fiesta Restaurant Group (NASDAQ:FRGI) vs. Sweetgreen (NYSE:SG)June 5, 2023 | benzinga.comsweetgreen to Open Its First San Antonio RestaurantJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. June 4, 2023 | americanbankingnews.comInsider Selling: Sweetgreen, Inc. (NYSE:SG) Insider Sells 50,000 Shares of StockJune 1, 2023 | finance.yahoo.comsweetgreen to Present at Upcoming Investor ConferencesJune 1, 2023 | seekingalpha.comSweetgreen: No Catalyst For Stock Price To Inflect In FY23May 25, 2023 | forbes.comDon’t Bailout This IPO ‘CAVAstrophe’May 24, 2023 | americanbankingnews.comSweetgreen, Inc. (NYSE:SG) Insider Sells $58,675.20 in StockJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 19, 2023 | msn.comAnalyst Ratings for SweetgreenMay 19, 2023 | americanbankingnews.comDaniel Shlossman Sells 3,864 Shares of Sweetgreen, Inc. (NYSE:SG) StockMay 19, 2023 | americanbankingnews.comMitch Reback Sells 4,526 Shares of Sweetgreen, Inc. (NYSE:SG) StockMay 19, 2023 | americanbankingnews.comSweetgreen, Inc. (NYSE:SG) Insider Sells $59,843.96 in StockMay 18, 2023 | finance.yahoo.comWith 75% ownership, Sweetgreen, Inc. (NYSE:SG) boasts of strong institutional backingMay 18, 2023 | americanbankingnews.comAnalyzing Biglari (NYSE:BH) & Sweetgreen (NYSE:SG)May 17, 2023 | msn.comSweetgreen's Return On Capital Employed InsightsMay 17, 2023 | msn.comSweetgreen pilots automated salad assembly at Illinois locationMay 10, 2023 | bizjournals.comSweetgreen piloting kitchen automation at new Chicago-area storeMay 10, 2023 | finance.yahoo.comsweetgreen Pilots Automation at New StoreMay 9, 2023 | finance.yahoo.comWall Street Analysts Believe Sweetgreen, Inc. (SG) Could Rally 49.12%: Here's is How to TradeMay 9, 2023 | seekingalpha.comSweetgreen: Gone Beyond What We Anticipated (Rating Upgrade)May 7, 2023 | markets.businessinsider.comCitigroup Sticks to Their Hold Rating for Sweetgreen (SG)May 6, 2023 | msn.comTD Cowen Maintains Sweetgreen, Inc. (SG) Market Perform RecommendationMay 5, 2023 | msn.comSweetgreen Soars On Q1 Growth MomentumMay 5, 2023 | finance.yahoo.comWhy Sweetgreen Stock Surprised Investors TodayMay 5, 2023 | markets.businessinsider.comSweetgreen (SG) Gets a Hold from Morgan StanleyMay 5, 2023 | msn.comSweetgreen stock surges on lighter than expected lossSee More Headlines SG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SG Company Calendar Last Earnings5/04/2023Today6/08/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Eating places Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNYSE:SG CUSIPN/A CIK1477815 Webwww.sweetgreen.com Phone323-990-7040FaxN/AEmployees5,952Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.67 High Stock Price Forecast$13.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+0.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-190,440,000.00 Net Margins-34.58% Pretax Margin-35.08% Return on Equity-28.08% Return on Assets-19.63% Debt Debt-to-Equity RatioN/A Current Ratio4.35 Quick Ratio4.33 Sales & Book Value Annual Sales$470.11 million Price / Sales2.53 Cash FlowN/A Price / Cash FlowN/A Book Value$4.87 per share Price / Book2.19Miscellaneous Outstanding Shares111,450,000Free Float86,899,000Market Cap$1.19 billion OptionableOptionable Beta1.64 Key ExecutivesMr. Jonathan Neman (Age 36)Co-Founder, Chairman, Pres & CEO Comp: $677.08kMr. Nicolas H. Jammet (Age 36)Co-Founder, Sec., Chief Concept Officer & Director Comp: $678.5kMr. Nathaniel Ru (Age 36)Co-Founder, Treasurer, Chief Brand Officer & Director Comp: $665kMr. Mitch Reback (Age 67)Chief Financial Officer Mr. Chris Carr (Age 58)Chief Operations Officer Ms. Wouleta Ayele (Age 57)Chief Technology Officer Rebecca NounouHead of Investor RelationsMr. Daniel Shlossman (Age 36)Chief Marketing Officer Ms. Adrienne Gemperle (Age 57)Chief People Officer Mr. Jim McPhail (Age 52)Chief Devel. Officer More ExecutivesKey CompetitorsPortillo'sNASDAQ:PTLOFirst Watch Restaurant GroupNASDAQ:FWRGDine Brands GlobalNYSE:DINKura Sushi USANASDAQ:KRUSDave & Buster's EntertainmentNASDAQ:PLAYView All CompetitorsInsiders & InstitutionsNathaniel RuSold 50,000 sharesTotal: $471,500.00 ($9.43/share)Adrienne GemperleSold 6,112 sharesTotal: $58,675.20 ($9.60/share)JPMorgan Chase & Co.Bought 1,655 shares on 5/18/2023Ownership: 0.106%New York State Common Retirement FundSold 55,060 shares on 5/18/2023Ownership: 0.037%State Street CorpBought 45,653 shares on 5/16/2023Ownership: 1.407%View All Insider TransactionsView All Institutional Transactions SG Stock - Frequently Asked Questions Should I buy or sell Sweetgreen stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sweetgreen in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SG, but not buy additional shares or sell existing shares. View SG analyst ratings or view top-rated stocks. What is Sweetgreen's stock price forecast for 2023? 5 brokers have issued 12-month target prices for Sweetgreen's stock. Their SG share price forecasts range from $9.00 to $13.00. On average, they expect the company's share price to reach $10.67 in the next year. This suggests a possible upside of 0.1% from the stock's current price. View analysts price targets for SG or view top-rated stocks among Wall Street analysts. How have SG shares performed in 2023? Sweetgreen's stock was trading at $8.57 at the start of the year. Since then, SG shares have increased by 24.4% and is now trading at $10.66. View the best growth stocks for 2023 here. Are investors shorting Sweetgreen? Sweetgreen saw a increase in short interest in April. As of April 30th, there was short interest totaling 11,270,000 shares, an increase of 16.4% from the April 15th total of 9,680,000 shares. Based on an average trading volume of 1,880,000 shares, the short-interest ratio is currently 6.0 days. Currently, 12.9% of the company's shares are sold short. View Sweetgreen's Short Interest. When is Sweetgreen's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our SG earnings forecast. How were Sweetgreen's earnings last quarter? Sweetgreen, Inc. (NYSE:SG) posted its quarterly earnings data on Thursday, May, 4th. The company reported ($0.29) EPS for the quarter, beating the consensus estimate of ($0.36) by $0.07. The business had revenue of $125.06 million for the quarter, compared to analysts' expectations of $125.57 million. Sweetgreen had a negative net margin of 34.58% and a negative trailing twelve-month return on equity of 28.08%. What ETFs hold Sweetgreen's stock? ETFs with the largest weight of Sweetgreen (NYSE:SG) stock in their portfolio include Fidelity Blue Chip Growth ETF (FBCG).Motley Fool Next Index ETF (TMFX). What guidance has Sweetgreen issued on next quarter's earnings? Sweetgreen issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $575.00 million-$595.00 million, compared to the consensus revenue estimate of $585.43 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? (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. What is Sweetgreen's stock symbol? Sweetgreen trades on the New York Stock Exchange (NYSE) under the ticker symbol "SG." Who are Sweetgreen's major shareholders? Sweetgreen's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (13.19%), BlackRock Inc. (4.93%), Baillie Gifford & Co. (4.71%), Solas Capital Management LLC (1.41%), State Street Corp (1.41%) and Geode Capital Management LLC (1.33%). Insiders that own company stock include Adrienne Gemperle, Chris Carr, Daniel Shlossman, James Mcphail, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Sweetgreen's stock price today? One share of SG stock can currently be purchased for approximately $10.66. How much money does Sweetgreen make? Sweetgreen (NYSE:SG) has a market capitalization of $1.19 billion and generates $470.11 million in revenue each year. The company earns $-190,440,000.00 in net income (profit) each year or ($1.53) on an earnings per share basis. How many employees does Sweetgreen have? The company employs 5,952 workers across the globe. How can I contact Sweetgreen? Sweetgreen's mailing address is 3101 West Exposition Boulevard Los Angeles, CA 90018 United States. The official website for the company is www.sweetgreen.com. The company can be reached via phone at 323-990-7040 or via email at ir@sweetgreen.com. This page (NYSE:SG) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Sweetgreen, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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