Sweetgreen Inc (NYSE: SG) is -27.48% lower on its value in year-to-date trading and has touched a low of $10.93 and a high of $45.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SG stock was last observed hovering at around $24.61 in the last trading session, with the day’s loss setting it -1.36%.
Currently trading at $23.25, the stock is -21.65% and -28.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.14 million and changing -5.53% at the moment leaves the stock -28.65% off its SMA200. SG registered 86.30% gain for a year compared to 6-month loss of -37.78%.
The stock witnessed a -30.60% gain in the last 1 month and extending the period to 3 months gives it a -30.93%, and is -10.34% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.29% over the week and 6.64% over the month.
Sweetgreen Inc (SG) has around 6186 employees, a market worth around $2.69B and $668.95M in sales. Profit margin for the company is -13.27%. Distance from 52-week low is 112.72% and -48.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.94%).
The EPS is expected to grow by 27.67% this year
The shares outstanding are 103.36M, and float is at 95.28M with Short Float at 14.92%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 12.33 million shares valued at $371.52 million. The investor’s holdings represent 10.8525 of the SG Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 10.97 million shares valued at $330.64 million to account for 9.7276 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.03 million shares representing 8.0066 and valued at over $272.14 million, while BLACKROCK INC. holds 6.3457 of the shares totaling 7.16 million with a market value of $215.69 million.
Sweetgreen Inc (SG) Insider Activity
The most recent transaction is an insider sale by Reback Mitch, the company’s CHIEF FINANCIAL OFFICER. SEC filings show that Reback Mitch sold 10,926 shares of the company’s common stock on Feb 18 ’25 at a price of $26.43 per share for a total of $0.29 million. Following the sale, the insider now owns 0.34 million shares.
Still, SEC filings show that on Jan 15 ’25, Reback Mitch (CHIEF FINANCIAL OFFICER) disposed off 8,000 shares at an average price of $33.13 for $0.27 million. The insider now directly holds 350,981 shares of Sweetgreen Inc (SG).
