Q2 Earnings Estimate for Sweetgreen Issued By William Blair

Sweetgreen, Inc. (NYSE:SG - Free Report) - Research analysts at William Blair issued their Q2 2025 EPS estimates for shares of Sweetgreen in a research note issued on Monday, January 20th. William Blair analyst S. Zackfia expects that the company will post earnings of ($0.09) per share for the quarter. The consensus estimate for Sweetgreen's current full-year earnings is ($0.74) per share. William Blair also issued estimates for Sweetgreen's FY2025 earnings at ($0.52) EPS and FY2026 earnings at ($0.49) EPS.

Other research analysts also recently issued research reports about the stock. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $40.00 price target on shares of Sweetgreen in a report on Friday, November 8th. Morgan Stanley dropped their target price on Sweetgreen from $32.00 to $28.00 and set an "equal weight" rating for the company in a report on Tuesday. Citigroup upgraded Sweetgreen from a "neutral" rating to a "buy" rating and raised their price target for the stock from $44.00 to $49.00 in a research report on Friday, January 10th. Oppenheimer reduced their target price on shares of Sweetgreen from $45.00 to $41.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Finally, KeyCorp initiated coverage on Sweetgreen in a research note on Wednesday, December 11th. They set a "sector weight" rating on the stock. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $41.20.

Sweetgreen Stock Performance

SG stock traded up $0.11 during trading on Thursday, hitting $30.07. 3,023,911 shares of the company's stock traded hands, compared to its average volume of 2,731,047. Sweetgreen has a 52 week low of $10.21 and a 52 week high of $45.12. The stock has a market capitalization of $3.48 billion, a price-to-earnings ratio of -38.55 and a beta of 2.38. The business has a fifty day simple moving average of $35.50 and a 200 day simple moving average of $33.85.

Sweetgreen (NYSE:SG - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.02). Sweetgreen had a negative net margin of 13.27% and a negative return on equity of 18.82%. The firm had revenue of $173.43 million for the quarter, compared to the consensus estimate of $173.67 million. During the same quarter in the prior year, the company posted ($0.22) earnings per share.

Institutional Trading of Sweetgreen

Institutional investors have recently added to or reduced their stakes in the stock. Driehaus Capital Management LLC grew its position in shares of Sweetgreen by 231.8% during the second quarter. Driehaus Capital Management LLC now owns 2,688,403 shares of the company's stock worth $81,028,000 after buying an additional 1,878,216 shares in the last quarter. Stephens Investment Management Group LLC grew its position in shares of Sweetgreen by 139.9% in the 3rd quarter. Stephens Investment Management Group LLC now owns 939,335 shares of the company's stock valued at $33,299,000 after buying an additional 547,816 shares during the last quarter. Deepwater Asset Management LLC purchased a new stake in Sweetgreen in the fourth quarter valued at $13,695,000. Lord Abbett & CO. LLC boosted its stake in Sweetgreen by 13.3% in the third quarter. Lord Abbett & CO. LLC now owns 2,313,996 shares of the company's stock valued at $82,032,000 after acquiring an additional 272,340 shares in the last quarter. Finally, Tidal Investments LLC grew its holdings in shares of Sweetgreen by 848.2% during the third quarter. Tidal Investments LLC now owns 270,141 shares of the company's stock worth $9,576,000 after purchasing an additional 241,652 shares during the last quarter. Institutional investors and hedge funds own 95.75% of the company's stock.

Insider Transactions at Sweetgreen

In other Sweetgreen news, CEO Jonathan Neman sold 1,010 shares of the business's stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $40.01, for a total value of $40,410.10. Following the transaction, the chief executive officer now directly owns 1,930,228 shares in the company, valued at $77,228,422.28. The trade was a 0.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Mitch Reback sold 8,000 shares of the stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $33.13, for a total value of $265,040.00. Following the completion of the transaction, the chief financial officer now owns 350,981 shares of the company's stock, valued at $11,628,000.53. The trade was a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 648,838 shares of company stock valued at $25,065,773 in the last three months. 21.52% of the stock is currently owned by company insiders.

Sweetgreen Company Profile

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.