Company’s 36-month beta value is 2.33.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for SG is 94.88M, and currently, short sellers hold a 13.81% ratio of that floaft. The average trading volume of SG on December 18, 2024 was 2.89M shares.
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SG) stock’s latest price update
Sweetgreen Inc (NYSE: SG) has seen a rise in its stock price by 2.16 in relation to its previous close of 35.12. However, the company has experienced a -1.97% decline in its stock price over the last five trading sessions. fool.com reported 2024-12-13 that When searching for buying opportunities, investors might immediately look at stocks that have crushed the market and are putting up exceptional recent returns. One particular business has done just that.
SG’s Market Performance
SG’s stock has fallen by -1.97% in the past week, with a monthly rise of 7.07% and a quarterly rise of 4.97%. The volatility ratio for the week is 6.01% while the volatility levels for the last 30 days are 7.01% for Sweetgreen Inc The simple moving average for the last 20 days is -8.90% for SG stock, with a simple moving average of 16.62% for the last 200 days.
Analysts’ Opinion of SG
Goldman, on the other hand, stated in their research note that they expect to see SG reach a price target of $40. The rating they have provided for SG stocks is “Neutral” according to the report published on November 08th, 2024.
TD Cowen gave a rating of “Buy” to SG, setting the target price at $43 in the report published on September 04th of the current year.
SG Trading at -6.19% from the 50-Day Moving Average
After a stumble in the market that brought SG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.48% of loss for the given period.
Volatility was left at 7.01%, however, over the last 30 days, the volatility rate increased by 6.01%, as shares surge +6.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.96% upper at present.
During the last 5 trading sessions, SG fell by -1.97%, which changed the moving average for the period of 200-days by +96.50% in comparison to the 20-day moving average, which settled at $39.39. In addition, Sweetgreen Inc saw 217.52% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SG starting from Jammet Nicolas, who sale 170,199 shares at the price of $37.73 back on Dec 13 ’24. After this action, Jammet Nicolas now owns 1,760,034 shares of Sweetgreen Inc, valued at $6,421,608 using the latest closing price.
Ru Nathaniel, the Chief Brand Officer of Sweetgreen Inc, sale 170,199 shares at $37.73 during a trade that took place back on Dec 13 ’24, which means that Ru Nathaniel is holding 1,781,930 shares at $6,421,608 based on the most recent closing price.
Stock Fundamentals for SG
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.12 for the gross margin
The net margin for Sweetgreen Inc stands at -0.13. The total capital return value is set at -0.11. Equity return is now at value -18.42, with -10.21 for asset returns.
Currently, EBITDA for the company is -53.39 million with net debt to EBITDA at -3.55. When we switch over and look at the enterprise to sales, we see a ratio of 6.32. The receivables turnover for the company is 92.47for trailing twelve months and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.
Conclusion
In a nutshell, Sweetgreen Inc (SG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
