Sweetgreen, Inc. (SG) ended the recent trading session at $7.09, demonstrating a -14.27% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, added 0.9%.
Coming into today, shares of the company had lost 6.66% in the past month. In that same time, the Retail-Wholesale sector gained 0.77%, while the S&P 500 gained 1.27%.
Market participants will be closely following the financial results of Sweetgreen, Inc. in its upcoming release. The company plans to announce its earnings on August 6, 2026. The company's earnings per share (EPS) are projected to be -$0.13, reflecting a 35% increase from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $193.39 million, reflecting a 4.21% rise from the equivalent quarter last year.
SG's full-year Zacks Consensus Estimates are calling for earnings of $0.62 per share and revenue of $708.46 million. These results would represent year-over-year changes of +154.39% and +4.27%, respectively.
It is also important to note the recent changes to analyst estimates for Sweetgreen, Inc. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Sweetgreen, Inc. presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Sweetgreen, Inc. is presently trading at a Forward P/E ratio of 13.27. This expresses a discount compared to the average Forward P/E of 20.71 of its industry.
Investors should also note that SG has a PEG ratio of 1.08 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Restaurants industry had an average PEG ratio of 1.97 as trading concluded yesterday.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 190, placing it within the bottom 23% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Sweetgreen, Inc. (SG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).