Sweetgreen Inc (NYSE: SG) on Tuesday, soared 12.00% from the previous trading day, before settling in for the closing price of $33.83. Within the past 52 weeks, SG’s price has moved between $9.21 and $42.77.
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Annual sales at Consumer Cyclical sector company grew by 24.27% over the past five years. The company achieved an average annual earnings per share of 29.23%. With a float of $94.30 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 12.02%, operating margin of -13.05%, and the pretax margin is -13.31%.
Sweetgreen Inc (SG) Insider and Institutional Ownership
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Sweetgreen Inc is 18.48%, while institutional ownership is 88.29%. The most recent insider transaction that took place on Nov 18 ’24, was worth 182,917. In this transaction CHIEF PEOPLE OFFICER of this company sold 5,372 shares at a rate of $34.05, taking the stock ownership to the 107,313 shares. Before that another transaction happened on Nov 19 ’24, when Company’s CHIEF PEOPLE OFFICER sold 4,861 for $36.46, making the entire transaction worth $177,236. This insider now owns 102,452 shares in total.
Sweetgreen Inc (SG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 29.23% 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 2.57 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 6.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of Sweetgreen Inc (SG)
Sweetgreen Inc (NYSE: SG) saw its 5-day average volume 3.07 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 23.07%. Additionally, its Average True Range was 2.56.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 75.67%, which indicates a significant increase from 51.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.21% in the past 14 days, which was lower than the 78.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.50, while its 200-day Moving Average is $28.20. Nevertheless, the first resistance level for the watch stands at $39.39 in the near term. At $40.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.84. If the price goes on to break the first support level at $34.94, it is likely to go to the next support level at $31.98. The third support level lies at $30.49 if the price breaches the second support level.
Sweetgreen Inc (NYSE: SG) Key Stats
Market capitalization of the company is 4.38 billion based on 115,671K outstanding shares. Right now, sales total 584,040 K and income totals -113,380 K. The company made 173,430 K in profit during its latest quarter, and -20,820 K in sales during its previous quarter.
