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NYSE:SG

Sweetgreen (SG) Stock Price, News & Analysis

Sweetgreen logo
$33.51 -0.15 (-0.45%)
(As of 11/15/2024 ET)

About Sweetgreen Stock (NYSE:SG)

Key Stats

Today's Range
$32.77
$33.93
50-Day Range
$27.89
$42.24
52-Week Range
$9.21
$42.77
Volume
3.02 million shs
Average Volume
2.88 million shs
Market Capitalization
$3.82 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.80
Consensus Rating
Moderate Buy

Company Overview

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.

Sweetgreen Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

SG MarketRank™: 

Sweetgreen scored higher than 67% of companies evaluated by MarketBeat, and ranked 125th out of 217 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Sweetgreen has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Sweetgreen has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Sweetgreen's stock forecast and price target.
  • Earnings Growth

    Earnings for Sweetgreen are expected to grow in the coming year, from ($0.74) to ($0.47) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Sweetgreen is -42.81, 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 -42.81, 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 8.22. 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.
  • Percentage of Shares Shorted

    16.72% 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 decreased by 7.68%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Sweetgreen does not currently pay a dividend.

  • Dividend Growth

    Sweetgreen does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    16.72% 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 decreased by 7.68%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Sweetgreen has a news sentiment score of 0.24. 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 0.59 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Sweetgreen this week, compared to 8 articles on an average week.
  • Search Interest

    26 people have searched for SG on MarketBeat in the last 30 days. This is an increase of 136% 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 -33% compared to the previous 30 days.
  • 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 $16,671,481.00 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.
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SG Stock News Headlines

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Sweetgreen, Inc. (NYSE:SG) CEO Sells $40,410.10 in Stock
Sweetgreen Third Quarter 2024 Earnings: Misses Expectations
See More Headlines

SG Stock Analysis - Frequently Asked Questions

Sweetgreen's stock was trading at $11.30 at the beginning of the year. Since then, SG stock has increased by 195.5% and is now trading at $33.39.
View the best growth stocks for 2024 here
.

Sweetgreen, Inc. (NYSE:SG) posted its quarterly earnings results on Thursday, August, 8th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.02. The firm's revenue for the quarter was up 21.0% compared to the same quarter last year.

Sweetgreen (SG) raised $312 million in an initial public offering (IPO) on Thursday, November 18th 2021. The company issued 13,000,000 shares at $23.00-$25.00 per share.

Sweetgreen's top institutional investors include Baillie Gifford & Co. (10.48%), FMR LLC (8.56%), State Street Corp (1.98%) and Spyglass Capital Management LLC (1.80%). Insiders that own company stock include Nathaniel Ru, Nicolas Jammet, Jonathan Neman, Mitch Reback, Daniel Shlossman, Bradley E Singer, Chris Carr, Wouleta Ayele, James Mcphail and Adrienne Gemperle.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sweetgreen investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
8/08/2024
Today
11/15/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants, Hotels, Motels
Fax
N/A
Employees
6,186
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$39.80
High Stock Price Target
$45.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+19.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$-113,380,000.00
Pretax Margin
-13.31%

Debt

Sales & Book Value

Annual Sales
$584.04 million
Book Value
$4.06 per share

Miscellaneous

Free Float
89,579,000
Market Cap
$3.81 billion
Optionable
Optionable
Beta
2.32
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This page (NYSE:SG) was last updated on 11/15/2024 by MarketBeat.com Staff
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