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 twelve months. 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 brokers have issued 1-year price targets for Sweetgreen's stock. Their SG share price targets range from $13.00 to $34.00. On average, they expect the company's stock price to reach $20.50 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. 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 beginning of the year. Since then, SG stock has increased by 82.7% and is now trading at $20.65. 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, May 9th 2024. View our SG earnings forecast .

How can I listen to Sweetgreen's earnings call?

Sweetgreen will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Sweetgreen's earnings last quarter?

Sweetgreen, Inc. (NYSE:SG) released its earnings results on Thursday, February, 29th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.01. The firm earned $153 million during the quarter, compared to the consensus estimate of $152.04 million. Sweetgreen had a negative net margin of 19.41% and a negative trailing twelve-month return on equity of 21.58%. The company's revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.44) EPS.

What ETF holds Sweetgreen's stock?

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF holds 39,796 shares of SG stock, representing 1.56% of its portfolio.

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

Sweetgreen updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $655.0 million-$670.0 million, compared to the consensus revenue estimate of $661.5 million.

What other stocks do shareholders of Sweetgreen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sweetgreen investors own include Chatham Lodging Trust (CLDT) , Shaw Communications (SJR) , Verizon Communications (VZ) , AbbVie (ABBV) , Algonquin Power & Utilities (AQN) , BCE (BCE) , Franklin Resources (BEN) , Bank of Nova Scotia (BNS) , British American Tobacco (BTI) and Carnival Co. & (CCL) .

When did Sweetgreen IPO?

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

Who are Sweetgreen's major shareholders?

Sweetgreen's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.53%), Curated Wealth Partners LLC (0.00%), Optas LLC (0.01%) and Counterpoint Mutual Funds LLC (0.01%). 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 .

NYSE:SG

Sweetgreen (SG) Stock Price, News & Analysis

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Free SG Stock Alerts

$20.65

-0.19 (-0.91%)

(As of 04/19/2024 ET)

Compare

Today's Range: $20.41
▼
$21.24
50-Day Range: $11.24
▼
$25.60
52-Week Range: $7.25
▼
$26.45

Volume: 1.41 million shs
Average Volume: 2.19 million shs
Market Capitalization: $2.33 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $20.50

Get Sweetgreen alerts:

Sweetgreen MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 0.7% Downside
$20.50 Price Target
Short Interest: Healthy
10.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.27 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.

1.91 out of 5 stars

Retail/Wholesale Sector

146th out of 195 stocks

Eating Places Industry

35th out of 40 stocks

2.3

Analyst's Opinion

Consensus Rating
Sweetgreen has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Sweetgreen has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
10.86% of the float of Sweetgreen has been sold short.
Short Interest Ratio / Days to Cover
Sweetgreen has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Sweetgreen has recently decreased by 12.83%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Sweetgreen does not currently pay a dividend.
Dividend Growth
Sweetgreen does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SG.

2.7

News and Social Media Coverage

News Sentiment
Sweetgreen has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Sweetgreen this week, compared to 5 articles on an average week.
Search Interest
Only 14 people have searched for SG on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
MarketBeat Follows
11 people have added Sweetgreen to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sweetgreen insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,266,739.00 in company stock.
Percentage Held by Insiders
22.03% of the stock of Sweetgreen is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
95.75% of the stock of Sweetgreen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Sweetgreen are expected to grow in the coming year, from ($0.71) to ($0.52) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sweetgreen is -20.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sweetgreen is -20.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sweetgreen has a P/B Ratio of 4.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

SG Stock News Headlines

April 17, 2024 | msn.com

Sweetgreen (SG) Price Target Increased by 21.09% to 22.59

April 14, 2024 | americanbankingnews.com

Morgan Stanley Boosts Sweetgreen (NYSE:SG) Price Target to $16.00

April 19, 2024 | Altimetry (Ad)

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April 13, 2024 | fool.com

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April 11, 2024 | benzinga.com

Sweetgreen Stock (NYSE:SG), Analyst Ratings, Price Targets, Predictions

April 11, 2024 | businesswire.com

Sweetgreen to Announce First Quarter 2024 Results on May 9, 2024

April 11, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Given "Hold" Rating at TD Cowen

April 11, 2024 | americanbankingnews.com

Sweetgreen (NYSE:SG) Stock Rating Reaffirmed by TD Cowen

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 10, 2024 | msn.com

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April 5, 2024 | investorplace.com

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April 5, 2024 | msn.com

Sweetgreen’s Robo Salad Bar Aspirations Lure Back Investors

April 5, 2024 | fool.com

Sweetgreen Stock Has Doubled in Only a Month. But This Other Under-the-Radar Restaurant Is a Much Better Buy Today.

April 4, 2024 | finance.yahoo.com

Q4 Earnings Highlights: Sweetgreen (NYSE:SG) Vs The Rest Of The Modern Fast Food Stocks

April 3, 2024 | investorplace.com

The Hype Machine Trash Bin: 3 Overrated Stocks to Dump Immediately

April 1, 2024 | sg.news.yahoo.com

Hot Dog Seltzer? A Dunkin' Name Change? Here Are All the Foodie April Fools' Day Jokes to Know About

April 1, 2024 | msn.com

Sweetgreen Stock Is Up 132% This Year. Why Growth Could Continue Into 2028.

April 1, 2024 | markets.businessinsider.com

11 Analysts Assess Sweetgreen: What You Need To Know

March 29, 2024 | seekingalpha.com

Sweetgreen: 2 Key Strategies To Drive Growth Ahead

March 28, 2024 | uk.finance.yahoo.com

Sweetgreen, Inc. (SG)

March 27, 2024 | fool.com

2 Stocks That Can Double Again in 2024

March 27, 2024 | bizjournals.com

Sweetgreen opens new South Florida location in Aventura

March 27, 2024 | bizjournals.com

Salad chain Sweetgreen opens restaurant in Seattle's Denny Triangle

March 21, 2024 | msn.com

The America That Runs on Sweetgreen

March 21, 2024 | nasdaq.com

First Week of SG May 17th Options Trading

March 20, 2024 | nasdaq.com

Validea Detailed Fundamental Analysis - SG

March 20, 2024 | investorplace.com

Jump Ship? 3 Stocks That Are Surging Too High, Too Fast

See More Headlines

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Company Calendar

Last Earnings: 2/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Eating places
Sub-Industry: N/A
Current Symbol: NYSE:SG
CUSIP: N/A
CIK: 1477815
Web: www.sweetgreen.com
Phone: 323-990-7040
Fax: N/A
Employees: 6,186
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.50
High Stock Price Target: $34.00
Low Stock Price Target: $13.00
Potential Upside/Downside: -0.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.00)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-113,380,000.00
Net Margins: -19.41%
Pretax Margin: -19.35%
Return on Equity: -21.58%
Return on Assets: -12.36%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.02
Quick Ratio: 2.99

Sales & Book Value

Annual Sales: $584.04 million
Price / Sales: 3.99
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.28 per share
Price / Book: 4.82

Miscellaneous

Outstanding Shares: 112,980,000
Free Float: 88,091,000
Market Cap: $2.33 billion
Optionable: Optionable
Beta: 2.20

12 Stocks Corporate Insiders are Abandoning

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Key Executives

Mr. Jonathan Neman (Age 38)
Co-Founder, Chairman, President & CEO
Comp: $350.14k
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
Mr. Mitch Reback (Age 69)
Chief Financial Officer
Comp: $375.14k
Ms. Wouleta Ayele (Age 58)
Chief Technology Officer
Comp: $554.72k
Ms. Rossann Williams
Chief Operating Officer
Rebecca Nounou
Head of Investor Relations
Mr. Michael Kotick
VP & Head of Marketing
Ms. Adrienne Gemperle (Age 59)
Chief People Officer
Mr. Chad Brauze
Head of Culinary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 brokers have issued 1-year price targets for Sweetgreen's stock. Their SG share price targets range from $13.00 to $34.00. On average, they expect the company's stock price to reach $20.50 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
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 beginning of the year. Since then, SG stock has increased by 82.7% and is now trading at $20.65.
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, May 9th 2024.
View our SG earnings forecast.
How can I listen to Sweetgreen's earnings call?: Sweetgreen will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Sweetgreen's earnings last quarter?: Sweetgreen, Inc. (NYSE:SG) released its earnings results on Thursday, February, 29th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.01. The firm earned $153 million during the quarter, compared to the consensus estimate of $152.04 million. Sweetgreen had a negative net margin of 19.41% and a negative trailing twelve-month return on equity of 21.58%. The company's revenue for the quarter was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.44) EPS.

What ETF holds Sweetgreen's stock?: Invesco Dorsey Wright Consumer Cyclicals Momentum ETF holds 39,796 shares of SG stock, representing 1.56% of its portfolio.
What guidance has Sweetgreen issued on next quarter's earnings?: Sweetgreen updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $655.0 million-$670.0 million, compared to the consensus revenue estimate of $661.5 million.
What other stocks do shareholders of Sweetgreen own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sweetgreen investors own include Chatham Lodging Trust (CLDT), Shaw Communications (SJR), Verizon Communications (VZ), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI) and Carnival Co. & (CCL).
When did Sweetgreen IPO?: Sweetgreen (SG) raised $312 million in an IPO on Thursday, November 18th 2021. The company issued 13,000,000 shares at a price of $23.00-$25.00 per share.
Who are Sweetgreen's major shareholders?: Sweetgreen's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.53%), Curated Wealth Partners LLC (0.00%), Optas LLC (0.01%) and Counterpoint Mutual Funds LLC (0.01%). 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 4/19/2024 by MarketBeat.com Staff

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