Sweetgreen Inc (SG) 20 Days SMA touches 7.12%: The odds favor the bear

Sweetgreen Inc (NYSE: SG) kicked off on Friday, up 4.97% from the previous trading day, before settling in for the closing price of $40.05. Over the past 52 weeks, SG has traded in a range of $9.66-$45.12.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 24.27%. While this was happening, its average annual earnings per share was recorded 29.23%. With a float of $94.42 million, this company’s outstanding shares have now reached $103.36 million.

Let’s determine the extent of company efficiency that accounts 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 Activity

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 18.37%, while institutional ownership is 88.26%. The most recent insider transaction that took place on Dec 03 ’24, was worth 1,624,613. In this transaction Chief Concept Officer of this company sold 41,999 shares at a rate of $38.68, taking the stock ownership to the 1,930,233 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Chief Brand Officer sold 42,104 for $38.64, making the entire transaction worth $1,627,053. This insider now owns 1,952,129 shares in total.

Sweetgreen Inc (SG) Earnings and Forecasts

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

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 7.63.

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)

Looking closely at Sweetgreen Inc (NYSE: SG), its last 5-days average volume was 2.2 million, which is a drop from its year-to-date volume of 2.86 million. As of the previous 9 days, the stock’s Stochastic %D was 42.13%. Additionally, its Average True Range was 2.49.

During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 85.91%, which indicates a significant increase from 74.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.50% in the past 14 days, which was lower than the 78.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.00, while its 200-day Moving Average is $29.96. However, in the short run, Sweetgreen Inc’s stock first resistance to watch stands at $42.84. Second resistance stands at $43.64. The third major resistance level sits at $45.13. If the price goes on to break the first support level at $40.56, it is likely to go to the next support level at $39.07. Should the price break the second support level, the third support level stands at $38.27.

Sweetgreen Inc (NYSE: SG) Key Stats

The company with the Market Capitalisation of 5.10 billion has total of 115,671K 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.