Sweetgreen, Inc. (SG) closed at $10.03 in the latest trading session, marking a +1.83% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.15%.
Heading into today, shares of the company had gained 35.86% over the past month, outpacing the Retail-Wholesale sector's gain of 0.63% and the S&P 500's gain of 2.05%.
The investment community will be closely monitoring the performance of Sweetgreen, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on November 5, 2026. The company is predicted to post an EPS of -$0.28, indicating a 3.7% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $168.56 million, indicating a 2.22% downward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $0.34 per share and a revenue of $682.69 million, demonstrating changes of +129.82% and +0.47%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Sweetgreen, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an 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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sweetgreen, Inc. is holding a Zacks Rank of #2 (Buy) right now.
With respect to valuation, Sweetgreen, Inc. is currently being traded at a Forward P/E ratio of 28.97. For comparison, its industry has an average Forward P/E of 19.81, which means Sweetgreen, Inc. is trading at a premium to the group.
Also, we should mention that SG has a PEG ratio of 2.09. 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 was holding an average PEG ratio of 1.77 at yesterday's closing price.
The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 160, positioning it in the bottom 35% of all 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.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Sweetgreen, Inc. (SG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).