Sweetgreen Inc (NYSE: SG) is -22.52% lower on its value in year-to-date trading and has touched a low of $18.77 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 $23.87 in the last trading session, with the day’s gains setting it 0.97%.
Currently trading at $24.84, the stock is 4.33% and -13.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.85 million and changing 4.06% at the moment leaves the stock -22.92% off its SMA200. SG registered 34.13% gain for a year compared to 6-month gain of -10.87%.
The stock witnessed a -15.34% loss in the last 1 month and extending the period to 3 months gives it a -37.98%, and is 15.70% up 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 9.80% over the week and 8.59% over the month.
Sweetgreen Inc (SG) has around 6407 employees, a market worth around $2.91B and $676.83M in sales. Profit margin for the company is -13.35%. Distance from 52-week low is 32.34% and -44.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.29%).
with sales reaching $164.61M over the same period.The EPS is expected to grow by 35.04% this year, but quarterly earnings will post 13.30% year-over-year. Quarterly sales are estimated to grow 4.28% 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
#####
Still, SEC filings show that on Mar 10 ’25, Nathaniel Espinoza Ru (Officer) Proposed Sale 183,282 shares at an average price of $23.50 for $4.31 million. The insider now directly holds shares of Sweetgreen Inc (SG).
