SG Stock Analysis: Sweetgreen | NYSE
Restaurants | NYSE, USA | Market Cap: 1.042m USD | 12M Return: -39.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 40.2M
Qual. Beats: 1
Rev. Trend: 86.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 4.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Sweetgreen, Inc. (NYSE: SG) operates a chain of fast food restaurants in the United States focused on healthy food and beverages, and was founded in 2006 with its headquarters in Los Angeles, California. The company went public in November 2021 and is classified within the GICS Restaurants sub-industry under Consumer Discretionary, with a small-cap market capitalization of roughly $1.07 billion. Beyond restaurant sales, the business sells gift cards that carry no expiration date and can be redeemed, providing a secondary prepaid revenue stream.
Sweetgreen sits within the fast-casual restaurant segment, which positions itself between traditional quick-service and casual dining by emphasizing higher-quality, often customizable, health-oriented menu items at higher price points than typical fast food. The business model relies heavily on online and mobile ordering platforms in addition to in-store service, reflecting the broader industry-wide migration toward digital-first ordering channels.
- Same-store sales decelerate as demand softens
- Path to profitability hinges on margin expansion
- Competition from Cava intensifies in fast-casual segment
| Net Income: 16.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.13 > 0.02 and ΔFCF/TA -4.88 > 1.0 |
| NWC/Revenue: 9.81% < 20% (prev 14.79%; Δ -4.98% < -1%) |
| CFO/TA -0.02 > 3% & CFO -16.7m > Net Income 16.8m |
| Net Debt (199.3m) to EBITDA (93.4m): 2.13 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.2m) vs 12m ago 2.49% < -2% |
| Gross Margin: 10.58% > 18% (prev 19.57%; Δ -8.98% > 0.5%) |
| Asset Turnover: 77.24% > 50% (prev 82.14%; Δ -4.90% > 0%) |
| Interest Coverage Ratio: 395.0 > 6 (EBIT TTM 18.6m / Interest Expense TTM 47.0k) |
| A: 0.07 (Total Current Assets 175.3m - Total Current Liabilities 109.1m) / Total Assets 912.7m |
| B: -0.97 (Retained Earnings -883.6m / Total Assets 912.7m) |
| C: 0.02 (EBIT TTM 18.6m / Avg Total Assets 873.5m) |
| D: 1.15 (Book Value of Equity 488.9m / Total Liabilities 423.8m) |
| Altman-Z'' = -1.33 = CCC |
| DSRI: 0.91 (Receivables 7.13m/8.01m, Revenue 674.7m/685.3m) |
| GMI: 1.85 (GM 19.57% / 10.58%) |
| AQI: 1.80 (AQ_t 0.15 / AQ_t-1 0.08) |
| SGI: 0.98 (Revenue 674.7m / 685.3m) |
| TATA: 0.04 (NI 16.8m - CFO -16.7m) / TA 912.7m) |
| Beneish M = -1.87 (Cap -4..+1) = B |
As of July 10, 2026, the stock is trading at USD 8.07 with a total of 2,766,389 shares traded. Over the past week, the price has changed by -11.32%, over one month by +0.87%, over three months by +43.85% and over the past year by -39.46%.
Current recommended Stop Loss: 6.60 (which is 18.2% or 2.1 ATR below the current price).
Sweetgreen has received a consensus analysts rating of 3.20. Therefore, it is recommended to hold SG.
- StrongBuy: 1
- Buy: 2
- Hold: 11
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 7.9 | -1.9% |
P/E Trailing = 73.0833
P/E Forward = 18.2149
P/S = 1.5446
P/B = 2.2116
Revenue TTM = 674.7m USD
EBIT TTM = 18.6m USD
EBITDA TTM = 93.4m USD
Long Term Debt = 313.9m USD (estimated: total debt 356.1m - short term 42.2m)
Short Term Debt = 42.2m USD (from shortTermDebt, last quarter)
Debt = 356.1m USD (from shortLongTermDebtTotal, last quarter) (leases 356.1m already included)
Net Debt = 199.3m USD (calculated: Debt 356.1m - CCE 156.8m)
Enterprise Value = 1.24b USD (1.04b + Debt 356.1m - CCE 156.8m)
Interest Coverage Ratio = 395.0 (Ebit TTM 18.6m / Interest Expense TTM 47.0k)
EV/FCF = -10.29x (Enterprise Value 1.24b / FCF TTM -120.7m)
FCF Yield = -9.72% (FCF TTM -120.7m / Enterprise Value 1.24b)
FCF Margin = -17.89% (FCF TTM -120.7m / Revenue TTM 674.7m)
Net Margin = 2.49% (Net Income TTM 16.8m / Revenue TTM 674.7m)
Gross Margin = 10.58% ((Revenue TTM 674.7m - Cost of Revenue TTM 603.3m) / Revenue TTM)
Gross Margin QoQ = -1.50% (prev 10.44%)
Tobins Q-Ratio = 1.36 (Enterprise Value 1.24b / Total Assets 912.7m)
Interest Expense / Debt = 0.01% (Interest Expense 47.0k / Debt 356.1m)
Taxrate = 9.36% (1.73m / 18.5m)
NOPAT = 16.8m (EBIT 18.6m * (1 - 9.36%))
Current Ratio = 1.61 (Total Current Assets 175.3m / Total Current Liabilities 109.1m)
Debt / Equity = 0.73 (Debt 356.1m / totalStockholderEquity, last quarter 488.9m)
Debt / EBITDA = 2.13 (Net Debt 199.3m / EBITDA 93.4m)
Debt / FCF = -1.65 (negative FCF - burning cash) (Net Debt 199.3m / FCF TTM -120.7m)
Total Stockholder Equity = 415.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.92% (Net Income 16.8m / Total Assets 912.7m)
RoE = 4.04% (Net Income TTM 16.8m / Total Stockholder Equity 415.4m)
RoCE = 2.55% (EBIT 18.6m / Capital Employed (Equity 415.4m + L.T.Debt 313.9m))
RoIC = 2.07% (NOPAT 16.8m / Invested Capital 812.1m)
WACC = 6.81% (E(1.04b)/V(1.40b) * Re(9.13%) + D(356.1m)/V(1.40b) * Rd(0.01%) * (1-Tc(0.09)))
Discount Rate = 9.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 2.99%
[DCF] Fair Price = unknown (Cash Flow -120.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 4.0 | # QB: 1
Revenue Correlation: 86.58 | Revenue CAGR: 9.66% | SUE: -0.49 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.10 | Chg30d=+0.00% | Revisions=-29% | Analysts=5
EPS next Quarter (2026-09-30): EPS=-0.11 | Chg30d=+0.00% | Revisions=+57% | Analysts=5
EPS current Year (2026-12-31): EPS=0.03 | Chg30d=N/A | Revisions=+29% | GrowthEPS=+103.9% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=-0.56 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=-2326.7% | GrowthRev=+6.6%
[Analyst] Revisions Ratio: +32% (up=11, down=5)