Currently, Sweetgreen Inc [SG] is trading at $32.92, down -2.17%. An important factor to consider is whether the stock is rising or falling in short-term value. The SG shares have gain 9.62% over the last week, with a monthly amount glided 3.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sweetgreen Inc [NYSE: SG] stock has seen the most recent analyst activity on January 10, 2025, when Citigroup upgraded its rating to a Buy and also boosted its price target to $49 from $44. On November 08, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $40 on the stock. TD Cowen upgraded its rating to a Buy and increased its price target to $43 on September 04, 2024. Piper Sandler downgraded its rating to a Neutral and raised its price target to $39 on August 19, 2024. UBS started tracking with a Buy rating for this stock on July 17, 2024, and assigned it a price target of $31. In a note dated July 16, 2024, Morgan Stanley upgraded an Equal-Weight rating on this stock but restated the target price of $25.
This stock has fluctuated between a low of $10.35 and a high of $45.12 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $39.5 within the next 12 months. Sweetgreen Inc [NYSE: SG] shares were valued at $32.92 at the most recent close of the market. An investor can expect a potential return of 19.99% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.68.
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 32.37 points at the first support level, and at 31.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.73, and for the 2nd resistance point, it is at 34.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sweetgreen Inc [NYSE:SG] is 2.59. On the other hand, the Quick Ratio is 2.57, and the Cash Ratio is 2.38. Considering the valuation of this stock, the price to sales ratio is 5.69, the price to book ratio is 8.22.
Transactions by insiders
Recent insider trading involved Reback Mitch, CHIEF FINANCIAL OFFICER, that happened on Jan 15 ’25 when 8000.0 shares were sold. Officer, MITCHELL C REBACK completed a deal on Jan 15 ’25 to buy 24000.0 shares. Meanwhile, Chief Concept Officer Jammet Nicolas sold 0.17 million shares on Dec 13 ’24.
