Sweetgreen Inc (NYSE: SG) is -33.03% lower on its value in year-to-date trading and has touched a low of $16.42 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 $21.64 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $21.47, the stock is -16.13% and -27.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.36 million and changing -0.79% at the moment leaves the stock -33.81% off its SMA200. SG registered 68.52% gain for a year compared to 6-month gain of -32.12%.
The stock witnessed a -34.78% loss in the last 1 month and extending the period to 3 months gives it a -49.40%, and is -4.19% 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 10.10% over the week and 7.74% over the month.
Sweetgreen Inc (SG) has around 6407 employees, a market worth around $2.52B and $676.83M in sales. Profit margin for the company is -13.35%. Distance from 52-week low is 30.76% and -52.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.29%).
with sales reaching $164.56M over the same period.The EPS is expected to grow by 35.04% this year, but quarterly earnings will post 13.39% year-over-year. Quarterly sales are estimated to grow 4.25% in year-over-year returns.
Sweetgreen Inc (SG) Top Institutional Holders
The shares outstanding are 105.20M, and float is at 97.18M with Short Float at 16.78%.
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
A total of 0 insider transactions have happened at Sweetgreen Inc (SG) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Reback Mitch,the company’sCHIEF 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).
Sweetgreen Inc (SG): Who are the competitors?
The company’s main competitors (and peers) include Chipotle Mexican Grill Inc. (CMG) that is trading -1.18% down over the past 12 months. Empire Co. Ltd. Cl A (EMP.A) that is 32.64% higher over the same period.
