Unveiling 14 Analyst Insights On Sweetgreen

In the last three months, 14 analysts have published ratings on Sweetgreen SG, offering a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts have set 12-month price targets for Sweetgreen, revealing an average target of $20.07, a high estimate of $34.00, and a low estimate of $11.00. This upward trend is evident, with the current average reflecting a 37.65% increase from the previous average price target of $14.58.

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Sweetgreen's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Sweetgreen compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Sweetgreen's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sweetgreen's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Sweetgreen analyst ratings.

About Sweetgreen

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.

Sweetgreen: Delving into Financials

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Sweetgreen displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 29.06%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Sweetgreen's net margin is below industry averages, indicating potential 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 falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -5.58%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Sweetgreen's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -3.16%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Sweetgreen's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.63.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a 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.