Sweetgreen, Inc. (NYSE:SG - Free Report) - Analysts at William Blair cut their Q1 2025 EPS estimates for Sweetgreen in a note issued to investors on Thursday, February 27th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of ($0.23) for the quarter, down from their previous forecast of ($0.17). The consensus estimate for Sweetgreen's current full-year earnings is ($0.74) per share. William Blair also issued estimates for Sweetgreen's Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.59) EPS and FY2026 earnings at ($0.58) EPS.
A number of other brokerages have also recently weighed in on SG. TD Cowen restated a "buy" rating and issued a $45.00 price objective on shares of Sweetgreen in a research note on Monday, November 18th. Royal Bank of Canada restated an "outperform" rating and issued a $45.00 price objective on shares of Sweetgreen in a research note on Tuesday, February 25th. Oppenheimer reduced their price objective on shares of Sweetgreen from $41.00 to $35.00 and set an "outperform" rating for the company in a research note on Thursday. Piper Sandler reduced their price objective on shares of Sweetgreen from $39.00 to $27.00 and set a "neutral" rating for the company in a research note on Thursday. Finally, The Goldman Sachs Group reduced their price objective on shares of Sweetgreen from $37.00 to $32.00 and set a "neutral" rating for the company in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $36.27.
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NYSE SG opened at $22.67 on Monday. The stock has a market capitalization of $2.62 billion, a PE ratio of -29.07 and a beta of 2.37. The company has a 50 day moving average price of $29.99 and a two-hundred day moving average price of $34.09. Sweetgreen has a 12-month low of $12.32 and a 12-month high of $45.12.
A number of institutional investors have recently modified their holdings of the company. Steward Partners Investment Advisory LLC raised its position in Sweetgreen by 3,571.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,028 shares of the company's stock valued at $33,000 after buying an additional 1,000 shares during the last quarter. Hollencrest Capital Management purchased a new stake in Sweetgreen in the 3rd quarter valued at $35,000. Headlands Technologies LLC raised its position in Sweetgreen by 156.0% in the 4th quarter. Headlands Technologies LLC now owns 1,216 shares of the company's stock valued at $39,000 after buying an additional 741 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Sweetgreen by 45.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,574 shares of the company's stock valued at $50,000 after buying an additional 494 shares during the last quarter. Finally, Millstone Evans Group LLC purchased a new stake in Sweetgreen in the 4th quarter valued at $53,000. 95.75% of the stock is owned by institutional investors and hedge funds.
In other Sweetgreen news, CEO Jonathan Neman sold 33,444 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $40.16, for a total transaction of $1,343,111.04. Following the transaction, the chief executive officer now directly owns 1,930,228 shares in the company, valued at approximately $77,517,956.48. This represents a 1.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nicolas Jammet sold 41,999 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $38.68, for a total value of $1,624,521.32. Following the transaction, the insider now owns 1,930,233 shares in the company, valued at $74,661,412.44. The trade was a 2.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 516,817 shares of company stock valued at $19,677,637 over the last quarter. 21.52% of the stock is owned by company insiders.
Sweetgreen, Inc, together with its subsidiaries, operates fast food restaurants serving healthy foods at scale in the United States. The company also accepts orders through its online and mobile ordering platforms, as well as sells gift cards that do not have an expiration date and can be redeemed. The company was founded in 2006 and is headquartered in Los Angeles, California.
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