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SG Stock Forecast: All the More Reason to Consider Sweetgreen Inc (SG) Now

Sweetgreen Inc (NYSE: SG) is -36.09% lower on its value in year-to-date trading and has touched a low of $18.62 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 $21.10 in the last trading session, with the day’s loss setting it -0.61%.

Currently trading at $20.49, the stock is -12.79% and -16.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.76 million and changing -2.89% at the moment leaves the stock -34.48% off its SMA200. SG registered -9.85% loss for a year compared to 6-month loss of -45.91%. The firm has a 50-day simple moving average (SMA 50) of $24.4288 and a 200-day simple moving average (SMA200) of $31.27505.

The stock witnessed a -15.05% gain in the last 1 month and extending the period to 3 months gives it a -37.42%, and is 5.35% 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 10.62% over the week and 8.15% over the month.

Sweetgreen Inc (SG) has around 6407 employees, a market worth around $2.40B and $676.83M in sales. Profit margin for the company is -13.35%. Distance from 52-week low is 10.04% and -54.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.29%).

with sales reaching $164.67M over the same period.The EPS is expected to grow by 34.61% this year, but quarterly earnings will post 13.11% year-over-year. Quarterly sales are estimated to grow 4.32% in year-over-year returns.

Sweetgreen Inc (SG) Top Institutional Holders

372.0 institutions hold shares in Sweetgreen Inc (SG), with institutional investors hold 100.63% of the company’s shares. The shares outstanding are 105.20M, and float is at 97.13M with Short Float at 19.46%. Institutions hold 98.25% of the Float.

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 9.6585 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 6.3006 of the shares totaling 7.16 million with a market value of $215.69 million.

Sweetgreen Inc (SG) Insider Activity

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Sweetgreen Inc disclosed in a document filed with the SEC on Mar 17 ’25 that Ru Nathaniel (Director) sold a total of 2,123 shares of the company’s common stock. The trade occurred on Mar 17 ’25 and was made at $23.80 per share for $50527.0. Following the transaction, the insider now directly holds 1.79 million shares of the SG stock.

Still, SEC filings show that on Mar 17 ’25, Jammet Nicolas (Chief Concept Officer) disposed off 2,123 shares at an average price of $23.80 for $50527.0. The insider now directly holds 1,763,203 shares of Sweetgreen Inc (SG).

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