A share price of Sweetgreen Inc [SG] is currently trading at $43.40, up 5.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SG shares have gain 29.51% over the last week, with a monthly amount glided 18.51%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Sweetgreen Inc [NYSE: SG] stock has seen the most recent analyst activity on November 08, 2024, when Goldman downgraded its rating to a Neutral but kept the price target unchanged to $40 for it. Previously, TD Cowen upgraded its rating to Buy on September 04, 2024, and elevated its price target to $43. On August 19, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $39 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $31 on July 17, 2024. Morgan Stanley upgraded its rating to a Equal-Weight but $25 remained the price target by the analyst firm on July 16, 2024. Goldman started tracking with a Buy rating for this stock on June 13, 2024, and assigned it a price target of $39. In a note dated April 01, 2024, Oppenheimer reiterated an Outperform rating on this stock and boosted its target price from $17 to $34.
Sweetgreen Inc experienced fluctuations in its stock price throughout the past year between $9.21 and $42.77. Currently, Wall Street analysts expect the stock to reach $31.11 within the next 12 months. Sweetgreen Inc [NYSE: SG] shares were valued at $43.40 at the most recent close of the market. An investor can expect a potential drop of -28.32% based on the average SG price forecast.
Analyzing the SG fundamentals
Trailing Twelve Months sales for Sweetgreen Inc [NYSE:SG] were 668.95M which represents 13.04% growth. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.19 and Total Capital is -0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.80 points at the first support level, and at 38.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.38, and for the 2nd resistance point, it is at 47.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sweetgreen Inc [NYSE:SG] is 2.59. As well, the Quick Ratio is 2.57, while the Cash Ratio is 2.38. Considering the valuation of this stock, the price to sales ratio is 7.90, the price to book ratio is 10.83.
Transactions by insiders
Recent insider trading involved Blumenthal Neil Harris, Director, that happened on Nov 20 ’24 when 22220.0 shares were sold. Director, Bornstein Julie completed a deal on Nov 21 ’24 to sell 4464.0 shares. Meanwhile, Director JULIE BORNSTEIN bought 8928.0 shares on Nov 21 ’24.
