Unveiling 15 Analyst Insights On Sweetgreen

In the last three months, 15 analysts have published ratings on Sweetgreen SG, offering a diverse range of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $24.6, with a high estimate of $35.00 and a low estimate of $16.00. Observing a 27.93% increase, the current average has risen from the previous average price target of $19.23.

Interpreting Analyst Ratings: A Closer Look

The analysis of recent analyst actions sheds light on the perception of Sweetgreen by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sweetgreen. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sweetgreen's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Sweetgreen analyst ratings.

Discovering Sweetgreen: A Closer Look

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.

A Deep Dive into Sweetgreen's Financials

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 displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 26.22%. This indicates a notable 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 is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -16.51%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Sweetgreen's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -5.47%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Sweetgreen's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -3.07%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Sweetgreen's debt-to-equity ratio is below the industry average at 0.65, reflecting a lower dependency on debt financing and a more conservative financial approach.

How Are Analyst Ratings Determined?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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