In the latest trading session, Sweetgreen, Inc. (SG) closed at $14.55, marking a -2.22% move from the previous day.
Sweetgreen Inc (NYSE:SG) stock is down 4.5% to trade at $14.21 at last glance, after TD Cowen downgraded the restaurant chain to "hold" from "buy" and trimmed its price target to $15 from $25.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Shares of Sweetgreen, Inc. fell more than 15% after reporting Q1 results, bringing YTD losses to above 50%. The company swung to a decline in same-store sales growth, noting as well that traffic has worsened in April following tariff announcements. Still, I see plenty of white space for expansion of the Sweetgreen chain, while current macroeconomic pressures should be temporary in nature.
Sweetgreen, Inc. (NYSE:SG ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Rebecca Nounou – Investor Relations Jonathan Neman – Co-Founder and Chief Executive Officer Mitch Reback – Chief Financial Officer Conference Call Participants Jon Tower – Citigroup Sara Senatore – Bank of America Zach Ogden – TD Cowen Sharon Zackfia – William Blair Logan Reich – RBC Capital Markets Brian Mullan – Piper Sandler Brian Bittner – Oppenheimer Christine Cho – Goldman Sachs Brian Harbour – Morgan Stanley Rahul Krotthapalli – JPMorgan Operator Thank you for standing by. My name is Tina, and I will be your conference operator today.
The headline numbers for Sweetgreen (SG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sweetgreen, Inc. (SG) came out with a quarterly loss of $0.21 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.23 per share a year ago.
Consumers have a range of choices for meals, particularly during the current times of low confidence.
Besides Wall Street's top -and-bottom-line estimates for Sweetgreen (SG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
Sweetgreen (SG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sweetgreen, Inc. (SG) closed the most recent trading day at $19.09, moving -0.93% from the previous trading session.