Analyst Expectations For Sweetgreen's Future

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In the last three months, 7 analysts have published ratings on Sweetgreen SG, offering a diverse range of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 2 1 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 0 0
2M Ago 1 0 0 0 0
3M Ago 2 1 1 0 0

In the assessment of 12-month price targets, analysts unveil insights for Sweetgreen, presenting an average target of $44.29, a high estimate of $49.00, and a low estimate of $40.00. This upward trend is evident, with the current average reflecting a 5.45% increase from the previous average price target of $42.00.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Sweetgreen by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jon Tower Citigroup Raises Buy $49.00 $44.00
Brian Bittner Oppenheimer Lowers Outperform $41.00 $45.00
Andrew Charles TD Cowen Maintains Buy $45.00 $45.00
Dennis Geiger UBS Raises Buy $45.00 $37.00
Andrew Charles TD Cowen Raises Buy $45.00 $43.00
Brian Bittner Oppenheimer Raises Outperform $45.00 $40.00
Christine Cho Goldman Sachs Maintains Neutral $40.00 $40.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sweetgreen. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sweetgreen compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sweetgreen's stock. This examination reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Sweetgreen's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Sweetgreen analyst ratings.

Unveiling the Story Behind 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: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Sweetgreen displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 13.04%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Sweetgreen's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -12.0%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Sweetgreen's ROE stands out, surpassing industry averages. With an impressive ROE of -4.46%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Sweetgreen's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -2.42%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.68.

Understanding the Relevance of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

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.

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

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