Value Investing Philosophy And Sweetgreen Inc (NYSE: SG)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Sweetgreen Tests New Caramelized Garlic Steak in Select Locations.

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Stocks Info

SG belongs to the Consumer Cyclical sector of the NYSE while operating in the Restaurants industry. The current market capitalization of Sweetgreen Inc is $1.34B. A total of 2.38 million shares were traded on the day, compared to an average of 1.47M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SG has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 18,259 shares. Over the last 12 months, there were 24 BUYs and 37 SELLs from insiders. Insiders purchased 834,846 shares during that period but sold 826,305.

In the most recent transaction, Neman Jonathan sold 5,000 shares of SG for 10.47 per share on Jan 22. After the transaction, the CHIEF EXECUTIVE OFFICER now owns 0 company shares. In a previous transaction on Dec 20, Neman Jonathan sold 5,000 shares at 11.24 per share. SG shares that Chief Executive Officer owns now total 0.

Among the insiders who sold shares, Neman Jonathan disposed of 5,000 shares on Dec 04 at a per-share price of $10.01. This resulted in the Chief Executive Officer holding 0 shares of SG after the transaction. In another insider transaction, Jammet Nicolas sold 45,000 shares at $9.66 per share on Nov 28. Company shares held by the Chief Concept Officer now total 0.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SG in the last 3 months, the mean price target is $13.38 with high estimates of $16.00 and low estimates of $10.00. In terms of 52-week highs and lows, SG has a high of $16.58 and a low of $6.10.

As of this writing, SG has an earnings estimate of $Procter & Gamble Company (The) per share for the current quarter. EPS was calculated based on a consensus of Block, Inc. estimates, with a high estimate of $Sea Limited per share and a lower estimate of $SentinelOne, Inc.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SG’s latest balance sheet shows that the firm has $471.97M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $47.53M in liabilities at the time. Its Book Value Per Share was $4.45, while its Total Shareholder’s Equity was $653.12M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SG is Buy with a score of 4.00.

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