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Sweetgreen (SG)
NYSE:SG
Sweetgreen (SG) Stock Price & Analysis
241 Followers
SG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.64 - $34.45
Previous Close$32.36
Volume2.78M
Average Volume (3M)3.04M
Market Cap
$3.66B
Enterprise Value$3.69B
Total Cash (Recent Filing)$274.74M
Total Debt (Recent Filing)$302.59M
Price to Earnings (P/E)-34.3
Beta1.62
Next Earnings
Aug 06, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.94
Shares Outstanding113,311,116
10 Day Avg. Volume5,050,932
30 Day Avg. Volume3,042,733
Standard Deviation0.36
R-Squared0.03
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)8.51
Price to Sales (P/S)6.91
Price to Cash Flow (P/CF)99.90
P/FCF Ratio99.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.64
Enterprise Value/Gross Profit53.28
Enterprise Value/Ebitda-66.66
Forecast
1Y Price Target
$27.50Price Target Upside-13.95% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Sweetgreen News
PremiumStock Analysis & Ideas
Sweetgreen Stock (NYSE:SG) Is Bright Green, But Don’t Expect Sweet Profits
Bulls Say, Bears Say
Bulls Say
Financial StrategyThe company's strategic price increases in response to wage hikes demonstrate a proactive approach to preserving profitability under cost pressures.
Operational EfficiencyIntroduction of Infinite Kitchen automation stands as a key driver for sustainable growth, indicating the company's commitment to efficiency and innovation.
Product DevelopmentThe company's new product pipeline suggests mid single digit comparable growth, highlighting potential for robust sales in the near future.
Bears Say
Analyst RatingAnalyst maintains an Underweight rating, indicating skepticism about the scalability of Infinite Kitchen's impact and the need for solid comp growth to drive the stock.
Customer EngagementFootfall data and app usage indicate a pullback, which might suggest challenges in maintaining customer engagement.
Future ExpectationsInvestors may have concerns about the stock due to the high expectations set for future quarters.
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Ownership Overview
16.06% Insiders
46.30% Mutual Funds
30.32% Other Institutional Investors
7.33% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Sweetgreen
Desktop Users
Mobile Users
SG FAQ
What was Sweetgreen’s price range in the past 12 months?
Sweetgreen lowest stock price was $8.64 and its highest was $34.45 in the past 12 months.
What is Sweetgreen’s market cap?
Currently, no data Available
When is Sweetgreen’s upcoming earnings report date?
Sweetgreen’s upcoming earnings report date is Aug 06, 2024 which is in 84 days.
How were Sweetgreen’s earnings last quarter?
Sweetgreen released its earnings results on May 09, 2024. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of -$0.176 by -$0.054.
Is Sweetgreen overvalued?
According to Wall Street analysts Sweetgreen’s price is currently Overvalued.
Does Sweetgreen pay dividends?
Sweetgreen does not currently pay dividends.
What is Sweetgreen’s EPS estimate?
Sweetgreen’s EPS estimate is -$0.13.
How many shares outstanding does Sweetgreen have?
Sweetgreen has 100,352,730 shares outstanding.
What happened to Sweetgreen’s price movement after its last earnings report?
Sweetgreen reported an EPS of -$0.23 in its last earnings report, missing expectations of -$0.176. Following the earnings report the stock price went up 33.956%.
Which hedge fund is a major shareholder of Sweetgreen?
Among the largest hedge funds holding Sweetgreen’s share is Anchorage Capital Group, L.L.C.. It holds Sweetgreen’s shares valued at 39M.
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Sweetgreen Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$27.50 (-13.95% Downside)
$27.50 (-13.95% Downside)
Blogger Sentiment
Bullish
SG Sentiment 76%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 433.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 13.7%
Last 30 Days ▲ 12.7%
Last 30 Days ▲ 12.7%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
260.35%
12-Months-Change
Fundamentals
Return on Equity
-21.31%
Trailing 12-Months
Asset Growth
-5.93%
Trailing 12-Months
Company Description
Sweetgreen
Sweetgreen Inc is a next generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.
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SG Earnings Call
Q1 2024
0:00 / 0:00
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SG Stock 12 Month Forecast
Average Price Target
$27.50
▼(-13.95% Downside)
Technical Analysis
Best Analysts Covering SG
1 Year
1 Year Success Rate
4/7 ratings generated profit
1 Year Average Return
+27.81%
assigned a buy rating 5 days ago
Copying Brian Bittner's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +27.81% per trade.
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