Sweetgreen Inc (NYSE: SG) kicked off on Monday, up 3.60% from the previous trading day, before settling in for the closing price of $37.48. Over the past 52 weeks, SG has traded in a range of $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%. While this was happening, its average annual earnings per share was recorded 26.96%. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Sweetgreen Inc is 18.79%, while institutional ownership is 82.53%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.21 earnings per share (EPS), lower than consensus estimate (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 26.96% 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
Take a look at Sweetgreen Inc’s (SG) current performance indicators. Last quarter, stock had a quick ratio of 2.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.83.
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)
The latest stats from [Sweetgreen Inc, SG] show that its last 5-days average volume of 2.47 million was inferior to 2.83 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.07%. Additionally, its Average True Range was 2.15.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 92.17%, which indicates a significant increase from 75.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.76% in the past 14 days, which was lower than the 76.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.74, while its 200-day Moving Average is $26.03. Now, the first resistance to watch is $40.15. This is followed by the second major resistance level at $41.47. The third major resistance level sits at $42.74. If the price goes on to break the first support level at $37.56, it is likely to go to the next support level at $36.29. The third support level lies at $34.97 if the price breaches the second support level.
Sweetgreen Inc (NYSE: SG) Key Stats
The company with the Market Capitalisation of 4.43 billion has total of 113,311K Shares Outstanding. Its annual sales at the moment are 584,040 K in contrast with the sum of -113,380 K annual income. Company’s last quarter sales were recorded 184,640 K and last quarter income was -14,460 K.
