Sweetgreen Inc (NYSE: SG) on Monday, plunged -4.71% from the previous trading day, before settling in for the closing price of $33.10. Within the past 52 weeks, SG’s price has moved between $9.66 and $45.12.
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A company in the Consumer Cyclical sector has jumped its sales by 24.27% annually for the last half of the decade. The company achieved an average annual earnings per share of 28.10%. With a float of $95.35 million, this company’s outstanding shares have now reached $103.36 million.
In an organization with 6186 employees, it is important to assess its efficiency. 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 17.57%, while institutional ownership is 88.31%. The most recent insider transaction that took place on Dec 13 ’24, was worth 6,421,608. In this transaction Chief Concept Officer of this company sold 170,199 shares at a rate of $37.73, taking the stock ownership to the 1,760,034 shares. Before that another transaction happened on Dec 13 ’24, when Company’s Chief Brand Officer sold 170,199 for $37.73, making the entire transaction worth $6,421,608. This insider now owns 1,781,930 shares in total.
Sweetgreen Inc (SG) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.10% per share during the next fiscal year.
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 5.45.
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 -0.43 in one year’s time.
Technical Analysis of Sweetgreen Inc (SG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.87 million. That was better than the volume of 2.62 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.34%. Additionally, its Average True Range was 2.10.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 24.01%, which indicates a significant increase from 14.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.79% in the past 14 days, which was lower than the 66.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $36.84, while its 200-day Moving Average is $31.67. However, in the short run, Sweetgreen Inc’s stock first resistance to watch stands at $32.33. Second resistance stands at $33.13. The third major resistance level sits at $33.70. If the price goes on to break the first support level at $30.96, it is likely to go to the next support level at $30.39. The third support level lies at $29.59 if the price breaches the second support level.
Sweetgreen Inc (NYSE: SG) Key Stats
Market capitalization of the company is 3.65 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.
