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 twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

9 equities research analysts have issued twelve-month price objectives for Sweetgreen's stock. Their SG share price targets range from $10.00 to $18.00. On average, they predict the company's stock price to reach $14.11 in the next twelve months. This suggests a possible upside of 45.3% 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 beginning of 2023. Since then, SG shares have increased by 13.3% and is now trading at $9.71. View the best growth stocks for 2023 here .

When is Sweetgreen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our SG earnings forecast .

How were Sweetgreen's earnings last quarter?

Sweetgreen, Inc. (NYSE:SG) issued its earnings results on Thursday, November, 2nd. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by $0.03. The business earned $153.43 million during the quarter, compared to the consensus estimate of $153.94 million. Sweetgreen had a negative trailing twelve-month return on equity of 25.18% and a negative net margin of 24.60%.

What ETF holds Sweetgreen's stock ?

Clough Long/Short Equity ETF holds 2,000 shares of SG stock, representing -0.57% of its portfolio.

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.

Who are Sweetgreen's major shareholders?

Sweetgreen's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (13.17%), Baillie Gifford & Co. (10.68%), Revolution Growth Management Company Inc. (2.04%), Invesco Ltd. (1.49%), Northern Trust Corp (0.77%) and Charles Schwab Investment Management Inc. (0.64%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Sweetgreen Stock Price, News & Analysis (NYSE:SG)

$9.53

-0.17 (-1.75%)

(As of 03:28 PM ET)

Compare

Today's Range: $9.52
▼
$9.88
50-Day Range: $8.92
▼
$11.86
52-Week Range: $6.10
▼
$16.58

Volume: 714,026 shs
Average Volume: 1.75 million shs
Market Capitalization: $1.07 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.11

Sweetgreen MarketRank™ Stock Analysis

Analyst Rating: Hold
2.44 Rating Score
Upside/Downside: 45.3% Upside
$14.11 Price Target
Short Interest: Bearish
13.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$3.09 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.87) to ($0.63) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Retail/Wholesale Sector

131st out of 211 stocks

Eating Places Industry

35th out of 43 stocks

3.2

Analyst's Opinion

Consensus Rating
Sweetgreen has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.11, Sweetgreen has a forecasted upside of 45.3% from its current price of $9.71.
Amount of Analyst Coverage
Sweetgreen has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
13.38% 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 8.2.
Change versus previous month
Short interest in Sweetgreen has recently decreased by 3.87%, indicating that investor sentiment is improving.

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.

1.1

News and Social Media Coverage

News Sentiment
Sweetgreen has a news sentiment score of -1.00. 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 0.51 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sweetgreen this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for SG on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Sweetgreen to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% 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 $3,090,042.00 in company stock.
Percentage Held by Insiders
22.03% 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 Institutions
79.21% of the stock of Sweetgreen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sweetgreen are expected to grow in the coming year, from ($0.87) to ($0.63) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sweetgreen is -8.09, 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 -8.09, 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 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sweetgreen Stock (NYSE:SG)

Sweetgreen, 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. 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

November 22, 2023 | morningstar.com

Sweetgreen Inc Ordinary Shares - Class A

November 22, 2023 | americanbankingnews.com

Adrienne Gemperle Sells 3,364 Shares of Sweetgreen, Inc. (NYSE:SG) Stock

November 30, 2023 | Tomorrow Investor (Ad)

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November 22, 2023 | americanbankingnews.com

Mitch Reback Sells 5,525 Shares of Sweetgreen, Inc. (NYSE:SG) Stock

November 21, 2023 | benzinga.com

Sweetgreen Chief Development Officer Sold $64K In Company Stock

November 17, 2023 | finance.yahoo.com

Sweetgreen, Inc. (NYSE:SG) institutional owners may be pleased with recent gains after 25% loss over the past year

November 9, 2023 | seekingalpha.com

Consumer Spending Fears And Their Impact On Sweetgreen's Valuation

November 6, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sweetgreen, Inc. - SG

November 30, 2023 | Tomorrow Investor (Ad)

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There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 6, 2023 | finance.yahoo.com

Sweetgreen, Inc. (NYSE:SG) Q3 2023 Earnings Call Transcript

November 4, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Buy Rating on Sweetgreen (SG)

November 4, 2023 | markets.businessinsider.com

Oppenheimer Reaffirms Their Buy Rating on Sweetgreen (SG)

November 3, 2023 | markets.businessinsider.com

Analysts Are Bullish on Top NA Stocks: Mister Car Wash (MCW), Sweetgreen (SG)

November 2, 2023 | finance.yahoo.com

Sweetgreen (NYSE:SG) Misses Q3 Sales Targets

November 2, 2023 | finance.yahoo.com

Sweetgreen Inc (SG) Reports 24% Revenue Growth in Q3 2023

October 25, 2023 | nasdaq.com

Citigroup Maintains Sweetgreen Inc - (SG) Neutral Recommendation

October 24, 2023 | sg.finance.yahoo.com

Sweetgreen adding meat options to menu with protein plates, now available nationwide

October 24, 2023 | finance.yahoo.com

Sweetgreen Takes on Dinner With Bold Flavors Featuring Miso Glazed Salmon and Herb Roasted Chicken

October 18, 2023 | msn.com

Sweetgreen makes a key ingredient change that will affect most orders

October 16, 2023 | bizjournals.com

Cava Chairman Ron Shaich takes a swipe at sweetgreen

October 12, 2023 | msn.com

Sweetgreen: Growth Prospects Likely Baked In

October 12, 2023 | finance.yahoo.com

Sweetgreen to Announce Third Quarter 2023 Results on November 2, 2023

September 27, 2023 | finance.yahoo.com

Sweetgreen, Inc. (SG) Upgraded to Buy: Here's Why

September 26, 2023 | finance.yahoo.com

Sweetgreen Expands Loyalty Program and Unlocks More Rewards for Fans, Nationwide

September 15, 2023 | msn.com

RBC Capital Reiterates Sweetgreen Inc - (SG) Outperform Recommendation

September 14, 2023 | msn.com

Sweetgreen sued by workers at 7 New York restaurants for alleged racial discrimination

September 14, 2023 | msn.com

Salad chain Sweetgreen accused of race, sex bias at NYC stores

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 11/30/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Eating places
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:SG
CUSIP: N/A
CIK: 1477815
Web: www.sweetgreen.com
Phone: 323-990-7040
Fax: N/A
Employees: 5,952
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.11
High Stock Price Target: $18.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +44.4%
Consensus Rating: Hold
Rating Score (0-4): 2.44
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-190,440,000.00
Net Margins: -24.60%
Pretax Margin: -24.20%
Return on Equity: -25.18%
Return on Assets: -14.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.68
Quick Ratio: 3.64

Sales & Book Value

Annual Sales: $470.11 million
Price / Sales: 2.34
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.45 per share
Price / Book: 2.20

Miscellaneous

Outstanding Shares: 112,430,000
Free Float: 87,659,000
Market Cap: $1.10 billion
Optionable: Optionable
Beta: 2.05

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Key Executives

Mr. Jonathan Neman (Age 37)
Co-Founder, Chairman, President & CEO
Comp: $350.14k
Mr. Nicolas H. Jammet (Age 37)
Co-Founder, Secretary, Chief Concept Officer & Director
Mr. Nathaniel Ru (Age 37)
Co-Founder, Treasurer, Chief Brand Officer & Director
Mr. Mitch Reback (Age 68)
Chief Financial Officer
Comp: $375.14k
Ms. Wouleta Ayele (Age 58)
Chief Technology Officer
Comp: $554.72k
Mr. Jim McPhail (Age 53)
Chief Development Officer
Comp: $391.07k
Stephanie Traut
Senior Vice President of Operations
Rebecca Nounou
Head of Investor Relations
Mr. Michael Kotick
VP & Head of Marketing
Ms. Adrienne Gemperle (Age 58)
Chief People Officer

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 twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 9 equities research analysts have issued twelve-month price objectives for Sweetgreen's stock. Their SG share price targets range from $10.00 to $18.00. On average, they predict the company's stock price to reach $14.11 in the next twelve months. This suggests a possible upside of 45.3% 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 beginning of 2023. Since then, SG shares have increased by 13.3% and is now trading at $9.71.
View the best growth stocks for 2023 here.
When is Sweetgreen's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our SG earnings forecast.
How were Sweetgreen's earnings last quarter?: Sweetgreen, Inc. (NYSE:SG) issued its earnings results on Thursday, November, 2nd. The company reported ($0.22) earnings per share for the quarter, missing analysts' consensus estimates of ($0.19) by $0.03. The business earned $153.43 million during the quarter, compared to the consensus estimate of $153.94 million. Sweetgreen had a negative trailing twelve-month return on equity of 25.18% and a negative net margin of 24.60%.
What ETF holds Sweetgreen's stock ?: Clough Long/Short Equity ETF holds 2,000 shares of SG stock, representing -0.57% of its portfolio.

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.
Who are Sweetgreen's major shareholders?: Sweetgreen's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (13.17%), Baillie Gifford & Co. (10.68%), Revolution Growth Management Company Inc. (2.04%), Invesco Ltd. (1.49%), Northern Trust Corp (0.77%) and Charles Schwab Investment Management Inc. (0.64%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SG) was last updated on 11/30/2023 by MarketBeat.com Staff

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