Sweetgreen Inc (NYSE: SG) on Monday, soared 1.60% from the previous trading day, before settling in for the closing price of $34.30. Within the past 52 weeks, SG’s price has moved between $8.64 and $38.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 24.27%. The company achieved an average annual earnings per share of 29.90%. With a float of $92.69 million, this company’s outstanding shares have now reached $99.70 million.
Considering the fact that the conglomerate employs 6186 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 11.5%, operating margin of -14.27%, and the pretax margin is -14.34%.
Sweetgreen Inc (SG) Breakdown of a Key Holders of the stock
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Sweetgreen Inc is 18.79%, while institutional ownership is 82.52%. The most recent insider transaction that took place on Sep 13 ’24, was worth 746,752. In this transaction Chief Concept Officer of this company sold 21,275 shares at a rate of $35.10, taking the stock ownership to the 1,930,233 shares. Before that another transaction happened on Sep 13 ’24, when Company’s Chief Concept Officer sold 17,020 for $35.10, making the entire transaction worth $597,402. This insider now owns 0 shares in total.
Sweetgreen Inc (SG) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.21 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.17) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.00% during the next five years compared to -12.71% drop over the previous five years of trading.
Sweetgreen Inc (NYSE: SG) Trading Performance Indicators
Sweetgreen Inc (SG) is currently performing well based on its current performance indicators. A quick ratio of 2.70 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.83, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.44 in one year’s time.
Technical Analysis of Sweetgreen Inc (SG)
Compared to the last year’s volume of 2.82 million, its volume of 2.15 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.47%. Additionally, its Average True Range was 2.06.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 76.74%, which indicates a significant increase from 46.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.93% in the past 14 days, which was lower than the 78.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.54, while its 200-day Moving Average is $24.05. Nevertheless, the first resistance level for the watch stands at $35.33 in the near term. At $35.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.55. If the price goes on to break the first support level at $34.11, it is likely to go to the next support level at $33.37. Now, if the price goes above the second support level, the third support stands at $32.89.
Sweetgreen Inc (NYSE: SG) Key Stats
Market capitalization of the company is 3.98 billion based on 113,311K outstanding shares. Right now, sales total 584,040 K and income totals -113,380 K. The company made 184,640 K in profit during its latest quarter, and -14,460 K in sales during its previous quarter.
