Sweetgreen Inc (NYSE: SG) on Friday, plunged -4.49% from the previous trading day, before settling in for the closing price of $30.72. Within the past 52 weeks, SG’s price has moved between $10.90 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 27.67%. With a float of $95.28 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 Updates
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 88.37%. The most recent insider transaction that took place on Jan 15 ’25, was worth 265,072. In this transaction CHIEF FINANCIAL OFFICER of this company sold 8,000 shares at a rate of $33.13, taking the stock ownership to the 350,981 shares. Before that another transaction happened on Jan 15 ’25, when Company’s Officer proposed sale 24,000 for $32.74, making the entire transaction worth $785,760.
Sweetgreen Inc (SG) Performance Highlights and Predictions
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 27.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.68% 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 5.07.
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 2.46 million. That was inferior than the volume of 2.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.32%. Additionally, its Average True Range was 1.97.
During the past 100 days, Sweetgreen Inc’s (SG) raw stochastic average was set at 6.29%, which indicates a significant decrease from 15.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.54% in the past 14 days, which was higher than the 64.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.57, while its 200-day Moving Average is $32.46. However, in the short run, Sweetgreen Inc’s stock first resistance to watch stands at $30.52. Second resistance stands at $31.69. The third major resistance level sits at $32.41. If the price goes on to break the first support level at $28.63, it is likely to go to the next support level at $27.91. Assuming the price breaks the second support level, the third support level stands at $26.73.
Sweetgreen Inc (NYSE: SG) Key Stats
Market capitalization of the company is 3.39 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.
