Sweetgreen, Inc. (SG) Rises As Market Takes a Dip: Key Facts

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Sweetgreen, Inc. (SG) Rises As Market Takes a Dip: Key Facts

In the latest close session, Sweetgreen, Inc. (SG) was up +2.28% at $9.85. This change outpaced the S&P 500's 0.06% loss on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.44%.

Coming into today, shares of the company had gained 35.63% in the past month. In that same time, the Retail-Wholesale sector gained 1.66%, while the S&P 500 gained 2.36%.

The upcoming earnings release of Sweetgreen, Inc. will be of great interest to investors. The company's earnings report is expected on November 5, 2026. In that report, analysts expect Sweetgreen, Inc. to post earnings of -$0.28 per share. This would mark a year-over-year decline of 3.7%. Simultaneously, our latest consensus estimate expects the revenue to be $168.56 million, showing a 2.22% drop compared to the year-ago quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.34 per share and a revenue of $682.69 million, signifying shifts of +129.82% and +0.47%, respectively, from the last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sweetgreen, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming 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.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. 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 28.32. This denotes a premium relative to the industry average Forward P/E of 19.88.

It is also worth noting that SG currently has a PEG ratio of 2.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Retail - Restaurants industry was having an average PEG ratio of 1.77.

The Retail - Restaurants industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 102, putting it in the top 42% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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This article originally published on Zacks Investment Research (zacks.com).

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