Sweetgreen Inc (NYSE: SG) kicked off on Tuesday, down -3.46% from the previous trading day, before settling in for the closing price of $39.26. Over the past 52 weeks, SG has traded in a range of $8.83-$42.77.
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Annual sales at Consumer Cyclical sector company grew by 24.27% over the past five years. While this was happening, its average annual earnings per share was recorded 28.25%. With a float of $94.26 million, this company’s outstanding shares have now reached $99.70 million.
Let’s look at the performance matrix of the company that is accounted for 6186 employees. In terms of profitability, gross margin is -1.56%, operating margin of -13.05%, and the pretax margin is -13.31%.
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 18.51%, while institutional ownership is 81.67%. The most recent insider transaction that took place on Nov 12 ’24, was worth 1,963,000. Before that another transaction happened on Nov 06 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 20,937 for $40.03, making the entire transaction worth $838,108. This insider now owns 1,930,228 shares in total.
Sweetgreen Inc (SG) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.23 earnings per share (EPS), lower than consensus estimate (set at -0.22) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.25% 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 2.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.21 in the next quarter and is forecasted to reach -0.44 in one year’s time.
Technical Analysis of Sweetgreen Inc (SG)
Sweetgreen Inc (NYSE: SG) saw its 5-day average volume 5.72 million, a positive change from its year-to-date volume of 2.88 million. As of the previous 9 days, the stock’s Stochastic %D was 49.88%. Additionally, its Average True Range was 2.46.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 75.72%, which indicates a significant increase from 36.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.63% in the past 14 days, which was lower than the 75.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.92, while its 200-day Moving Average is $27.60. Nevertheless, the first resistance level for the watch stands at $39.67 in the near term. At $41.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.37. If the price goes on to break the first support level at $36.97, it is likely to go to the next support level at $36.03. The third support level lies at $34.27 if the price breaches the second support level.
Sweetgreen Inc (NYSE: SG) Key Stats
The company with the Market Capitalisation of 4.38 billion has total of 114,143K 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 173,430 K and last quarter income was -20,820 K.
