Sweetgreen (SG) Stock Price, News & Analysis

$32.58
+1.02 (+3.23%)
(As of 09:09 AM ET)
Today's Range
$32.58
$32.58
50-Day Range
$17.82
$31.61
52-Week Range
$8.64
$34.45
Volume
158,399 shs
Average Volume
2.44 million shs
Market Capitalization
$3.68 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$25.75

Sweetgreen MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.8% Downside
$25.75 Price Target
Short Interest
Bearish
12.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Sweetgreen in the last 14 days
Based on 41 Articles This Week
Insider Trading
Selling Shares
$2.09 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.71) to ($0.52) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.11 out of 5 stars

Retail/Wholesale Sector

175th out of 202 stocks

Eating Places Industry

39th out of 41 stocks

SG stock logo

About Sweetgreen Stock (NYSE:SG)

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.

SG Stock Price History

SG Stock News Headlines

Sweetgreen: Is There Meat Behind the 30% Earnings Surge?
Fast casual restaurant chain Sweetgreen Inc. NYSE: SG shares catapulted 34% on its Q1 2024 earnings report. While the retail/wholesale sector company still lost money and missed earnings estimates, losing 5 cents more than the loss of 18 cents consensus estimates, shares still skyrocketed to the bewilderment of bears.
Sweetgreen: Is There Meat Behind the 30% Earnings Surge?
Fast casual restaurant chain Sweetgreen Inc. (NYSE: SG) shares catapulted 34% on its Q1 2024 earnings report. While the company still lost money and missed ea
Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall, 5/10/2024
Stocks that are trading heavily or have substantial price changes on Friday: Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall
Sweetgreen (NYSE:SG) PT Raised to $30.00
Sweetgreen stock surges on revenue beat
Sweetgreen (NYSE:SG) PT Raised to $28.00 at Citigroup
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Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Why Sweetgreen (SG) Stock Is Up Today
Why Sweetgreen Stock Popped Today
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/12/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$25.75
High Stock Price Target
$35.00
Low Stock Price Target
$17.00
Potential Upside/Downside
-18.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$-113,380,000.00
Pretax Margin
-19.35%

Debt

Sales & Book Value

Annual Sales
$584.04 million
Book Value
$4.28 per share

Miscellaneous

Free Float
88,667,000
Market Cap
$3.57 billion
Optionable
Optionable
Beta
2.22
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Key Executives

  • Mr. Jonathan Neman (Age 38)
    Co-Founder, Chairman, President & CEO
    Comp: $622.55k
  • Mr. Nicolas H. Jammet (Age 38)
    Co-Founder, Secretary, Chief Concept Officer & Director
  • Mr. Nathaniel Ru (Age 38)
    Co-Founder, Treasurer, Chief Brand Officer & Director
  • Ms. Wouleta Ayele (Age 58)
    Chief Technology Officer
    Comp: $624.84k
  • Mr. Chad Brauze
    Head of Culinary
  • Mr. Timothy Noonan
    Senior Vice President of Development

SG Stock Analysis - Frequently Asked Questions

Should I buy or sell Sweetgreen stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sweetgreen in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SG shares.
View SG analyst ratings
or view top-rated stocks.

What is Sweetgreen's stock price target for 2024?

8 brokerages have issued 1-year target prices for Sweetgreen's shares. Their SG share price targets range from $17.00 to $35.00. On average, they expect the company's share price to reach $25.75 in the next year. This suggests that the stock has a possible downside of 20.8%.
View analysts price targets for SG
or view top-rated stocks among Wall Street analysts.

How have SG shares performed in 2024?

Sweetgreen's stock was trading at $11.30 at the start of the year. Since then, SG stock has increased by 187.6% and is now trading at $32.50.
View the best growth stocks for 2024 here
.

When is Sweetgreen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our SG earnings forecast
.

How were Sweetgreen's earnings last quarter?

Sweetgreen, Inc. (NYSE:SG) posted its earnings results on Thursday, May, 9th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.02. The firm earned $157.85 million during the quarter, compared to analyst estimates of $152.02 million. Sweetgreen had a negative net margin of 17.15% and a negative trailing twelve-month return on equity of 20.45%. Sweetgreen's revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.29) earnings per share.

What ETFs hold Sweetgreen's stock?
What guidance has Sweetgreen issued on next quarter's earnings?

Sweetgreen issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $660.0 million-$675.0 million, compared to the consensus revenue estimate of $666.8 million.

What other stocks do shareholders of Sweetgreen own?
When did Sweetgreen IPO?

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

Who are Sweetgreen's major shareholders?

Sweetgreen's stock is owned by many different retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (10.27%), Vanguard Group Inc. (7.45%), Artemis Investment Management LLP (0.53%), Lord Abbett & CO. LLC (0.49%), Swiss National Bank (0.16%) and Yarra Square Partners LP (0.14%). Insiders that own company stock include Adrienne Gemperle, Chris Carr, Daniel Shlossman, James Mcphail, Jonathan Neman, Mitch Reback, Nathaniel Ru, Nicolas Jammet and Wouleta Ayele.
View institutional ownership trends
.

How do I buy shares of Sweetgreen?

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.

This page (NYSE:SG) was last updated on 5/13/2024 by MarketBeat.com Staff

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