Sweetgreen hasn't moved too much today but is slightly up, only up 0.03% since yesterday.
Currently SG isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! Sweetgreen has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the asset has grown 299.79 percent which isn't too bad. SG might find some support at the 11.74 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts feel fairly neutral on the prospects for Sweetgreen but a little more positive than negative. The current Analysts Sentiment Score is 10.83. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JPMorgan Chase & Co. provided a price target boost of 53.85% to $20.00 from $13.00 on 2024-03-06. Royal Bank of Canada gave a boost to their price target and moved to $20.00 from $13.00 on 2024-03-04. Piper Sandler gave a boost to their price target and moved to $19.00 from $16.00 on 2024-03-01. Morgan Stanley gave a boost to their price target and moved to $11.00 from $10.00 on 2024-03-01. Oppenheimer reiterated a rating of Outperform on 2024-03-01 and moved up their price target to $17.00 which is a 13.33% increase. On 2024-02-21 Citigroup increased their price target by 8.33% to $13.00. TD Cowen announced a lowering of their price target to $14.00 from $16.00 on 2023-07-28. Bank of America announced an upgrade on 2023-07-06 from Neutral to Buy and moved up their price target to $17.00 which is a 88.89% increase.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| SG | 10.83 | 5.61 | 0 | 16.5 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| SG | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| SG | 11.58 | %15.1 | 8.1 | -0.198 | 13220000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| SG |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
