On Monday, Sweetgreen Inc (NYSE: SG) was 3.75% up from the session before settling in for the closing price of $37.88. A 52-week range for SG has been $8.64 – $39.75.
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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%. When this article was written, the company’s average yearly earnings per share was at 29.78%. 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sweetgreen Inc stocks. The insider ownership of Sweetgreen Inc is 18.79%, while institutional ownership is 82.32%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.21 earnings per share (EPS) during the time that was less than consensus figure (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 29.78% 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
You can see what Sweetgreen Inc (SG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.91.
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 2.84 million, its volume of 3.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.06%. Additionally, its Average True Range was 2.24.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 97.36%, which indicates a significant increase from 93.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.04% in the past 14 days, which was lower than the 79.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.61, while its 200-day Moving Average is $24.72. Nevertheless, the first resistance level for the watch stands at $40.03 in the near term. At $40.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.06. If the price goes on to break the first support level at $38.00, it is likely to go to the next support level at $36.69. Should the price break the second support level, the third support level stands at $35.97.
Sweetgreen Inc (NYSE: SG) Key Stats
There are 113,311K outstanding shares of the company, which has a market capitalization of 4.49 billion. As of now, sales total 584,040 K while income totals -113,380 K. Its latest quarter income was 184,640 K while its last quarter net income were -14,460 K.
