Sweetgreen Inc Q1 2024 Earnings Revenue Surpasses Estimates Despite Wider Losses
SG Stock | USD 38.83 2.23 6.09% |
Roughly 66 percent of all Sweetgreen's stockholders are curious in acquiring. The analysis of the overall prospects from investing in Sweetgreen suggests that a large number of traders are, at the present time, confidant. The current market sentiment, together with Sweetgreen's historical and current headlines, can help investors time the market. In addition, many technical investors use Sweetgreen stock news signals to limit their universe of possible portfolio assets.
Sweetgreen |
Revenue Reached 157.9 million, up 26 percent year-over-year, surpassing estimates of 151.97 million.Net Loss Reported at million, an improvement from 33
Read at gurufocus.com
Sweetgreen Current Investor Sentiment
Panic Vs Confidence
66
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Sweetgreen's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Sweetgreen.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
Sweetgreen Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Sweetgreen can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sweetgreen Historical Investor Sentiment
Investor biases related to Sweetgreen's public news can be used to forecast risks associated with an investment in Sweetgreen. The trend in average sentiment can be used to explain how an investor holding Sweetgreen can time the market purely based on public headlines and social activities around Sweetgreen. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sweetgreen's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sweetgreen and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Sweetgreen news discussions. The higher the estimate score, the more favorable the investor's outlook on Sweetgreen.
Sweetgreen Fundamental Analysis
We analyze Sweetgreen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sweetgreen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sweetgreen based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Sweetgreen is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Sweetgreen Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sweetgreen stock to make a market-neutral strategy. Peer analysis of Sweetgreen could also be used in its relative valuation, which is a method of valuing Sweetgreen by comparing valuation metrics with similar companies.
Peers
Sweetgreen Related Equities
SHAK | Shake Shack | 3.67 | ||||
EAT | Brinker International | 2.19 | ||||
BROS | Dutch Bros | 1.77 | ||||
CMG | Chipotle Mexican | 1.14 | ||||
BH | Biglari Holdings | 1.01 | ||||
CNNE | Cannae Holdings | 0.87 | ||||
WING | Wingstop | 0.72 | ||||
WEN | Wendys | 0.51 | ||||
DPZ | Dominos Pizza | 0.78 | ||||
BJRI | BJs Restaurants | 0.87 | ||||
PZZA | Papa Johns | 1.76 | ||||
DENN | Dennys Corp | 2.35 | ||||
JACK | Jack In | 2.55 | ||||
BLMN | Bloomin Brands | 3.42 |
Complementary Tools for Sweetgreen Stock analysis
When running Sweetgreen's price analysis, check to measure Sweetgreen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sweetgreen is operating at the current time. Most of Sweetgreen's value examination focuses on studying past and present price action to predict the probability of Sweetgreen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sweetgreen's price. Additionally, you may evaluate how the addition of Sweetgreen to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |