The price of Sweetgreen Inc (NYSE:SG) shares last traded on Wall Street rose 1.57% to $18.17.
SG stock price is now -17.38% away from the 50-day moving average and -40.79% away from the 200-day moving average. The market capitalization of the company currently stands at $2.14B.
With the price target maintained at $32, JP Morgan recently Downgraded its rating from Overweight to Neutral for Sweetgreen Inc (NYSE: SG). On February 27, 2025, Goldman reiterated its ‘Neutral’ rating on the stock by increasing its target price from $37 to quote $32, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Reback Mitch, CHIEF FINANCIAL OFFICER sold 4,000 shares of the company’s stock on Apr 15 ’25. The stock was sold for $84,280 at an average price of $21.07. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 344,509 shares in the company, valued at $6.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer MITCH REBACK bought 12,000 shares of the business’s stock. A total of $253,200 was incurred on buying the stock at an average price of $21.10. A total of 17.16% of the company’s stock is owned by insiders.
During the past 12 months, Sweetgreen Inc has had a low of $16.28 and a high of $45.12. As of last week, the company has a debt-to-equity ratio of 0.74, a current ratio of 2.02, and a quick ratio of 2.01.
The net profit margin was -13.35% and return on equity was -19.46% for SG. The company reported revenue of $160.9 million for the quarter, compared to $153.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.15 percent. For the current quarter, analysts expect SG to generate $205.59M in revenue.
