On Monday, Sweetgreen Inc (NYSE: SG) was 4.54% up from the session before settling in for the closing price of $35.27. A 52-week range for SG has been $8.64 – $39.75.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 24.27%. When this article was written, the company’s average yearly earnings per share was at 29.74%. With a float of $92.69 million, this company’s outstanding shares have now reached $99.70 million.
The extent of productivity of a business whose workforce counts for 6186 workers is very important to gauge. 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 Updates
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 82.45%. 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) Performance Highlights and Predictions
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 -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.74% 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 6.48.
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 -0.43 in one year’s time.
Technical Analysis of Sweetgreen Inc (SG)
The latest stats from [Sweetgreen Inc, SG] show that its last 5-days average volume of 2.48 million was inferior to 2.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.63%. Additionally, its Average True Range was 2.25.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 83.10%, which indicates a significant increase from 61.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.92% in the past 14 days, which was lower than the 78.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.54, while its 200-day Moving Average is $25.37. Now, the first resistance to watch is $37.62. This is followed by the second major resistance level at $38.36. The third major resistance level sits at $39.77. If the price goes on to break the first support level at $35.47, it is likely to go to the next support level at $34.06. Assuming the price breaks the second support level, the third support level stands at $33.32.
Sweetgreen Inc (NYSE: SG) Key Stats
There are 113,311K outstanding shares of the company, which has a market capitalization of 4.21 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.
