Analyst Ratings For Sweetgreen

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8 analysts have shared their evaluations of Sweetgreen SG during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 5 1 2 0
Last 30D 0 1 0 0 0
1M Ago 0 3 1 1 0
2M Ago 0 0 0 1 0
3M Ago 0 1 0 0 0

Analysts have recently evaluated Sweetgreen and provided 12-month price targets. The average target is $15.62, accompanied by a high estimate of $20.00 and a low estimate of $10.00. Marking an increase of 17.53%, the current average surpasses the previous average price target of $13.29.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Sweetgreen is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Rahul Krotthapalli JP Morgan Raises Overweight $20.00 $13.00
Christopher Carril RBC Capital Raises Outperform $20.00 $13.00
Brian Harbour Morgan Stanley Raises Underweight $11.00 $10.00
Brian Bittner Oppenheimer Raises Outperform $17.00 $15.00
Brian Mullan Piper Sandler Raises Overweight $19.00 $16.00
Jon Tower Citigroup Raises Neutral $13.00 $12.00
Brian Harbour Morgan Stanley Announces Underweight $10.00 -
Brian Bittner Oppenheimer Raises Outperform $15.00 $14.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Sweetgreen. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Sweetgreen compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Sweetgreen's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Sweetgreen's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Sweetgreen analyst ratings.

Delving into Sweetgreen's Background

Sweetgreen Inc is a next-generation restaurant and lifestyle brand that serves healthy food at scale. It is creating plant-forward, seasonal, and earth-friendly meals from fresh ingredients and produce that prioritizes organic, regenerative, and local sourcing.

Financial Insights: Sweetgreen

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Sweetgreen's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 29.06%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Sweetgreen's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -17.91%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Sweetgreen's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -5.58%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Sweetgreen's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -3.16%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.63.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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