Unveiling 14 Analyst Insights On Sweetgreen
Portfolio Pulse from Benzinga Insights
In the last three months, 14 analysts have provided diverse ratings on Sweetgreen (NYSE:SG), with recent updates showing a shift towards more neutral and somewhat bullish stances. The average 12-month price target has been raised to $20.07, indicating a 37.65% increase from the previous target. Sweetgreen's financials reveal a solid revenue growth rate of 29.06% but challenges in profitability and efficiency, with a net margin of -17.91% and ROE of -5.58%. The company's market capitalization is below industry averages, yet it has a healthy debt-to-equity ratio of 0.63.
April 30, 2024 | 4:00 pm
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POSITIVE IMPACT
Sweetgreen's analyst ratings have shown a positive shift with an increased average price target of $20.07, reflecting a 37.65% rise. The company's strong revenue growth contrasts with its profitability and efficiency challenges.
The increase in Sweetgreen's average price target by analysts suggests a positive outlook on the stock's future performance, potentially leading to short-term price appreciation. However, concerns about profitability and efficiency may temper gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100