Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives $137.86 Average PT from Brokerages

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been assigned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $137.8571.

SFM has been the topic of several recent analyst reports. Royal Bank Of Canada decreased their price objective on shares of Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Barclays cut their price target on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. UBS Group set a $108.00 price target on Sprouts Farmers Market in a report on Thursday, October 30th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. Finally, Zacks Research cut Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a research report on Friday, October 31st.

Insider Activity

In other news, insider John Scott Neal sold 17,471 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the transaction, the insider owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. The trade was a 55.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Alisa Gmelich sold 3,161 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at approximately $440,773.28. This represents a 36.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,500 shares of company stock worth $1,833,659 over the last quarter. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Unified Investment Management lifted its position in shares of Sprouts Farmers Market by 0.9% in the second quarter. Unified Investment Management now owns 7,326 shares of the company’s stock worth $1,206,000 after buying an additional 65 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in Sprouts Farmers Market by 0.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 10,355 shares of the company’s stock worth $1,691,000 after acquiring an additional 65 shares during the last quarter. Rossby Financial LCC raised its holdings in shares of Sprouts Farmers Market by 2.3% during the 2nd quarter. Rossby Financial LCC now owns 3,059 shares of the company’s stock worth $504,000 after acquiring an additional 68 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Sprouts Farmers Market by 0.8% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 9,069 shares of the company’s stock worth $1,493,000 after acquiring an additional 69 shares in the last quarter. Finally, Alteri Wealth LLC boosted its position in shares of Sprouts Farmers Market by 1.0% during the 2nd quarter. Alteri Wealth LLC now owns 7,627 shares of the company’s stock valued at $1,256,000 after acquiring an additional 72 shares during the last quarter.

Sprouts Farmers Market Stock Up 1.2%

SFM stock opened at $80.64 on Friday. The business’s 50-day moving average price is $82.64 and its 200-day moving average price is $119.71. The stock has a market cap of $7.85 billion, a P/E ratio of 15.60, a PEG ratio of 0.87 and a beta of 0.73. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04. Sprouts Farmers Market has a twelve month low of $75.75 and a twelve month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same period in the prior year, the firm posted $0.91 EPS. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, equities research analysts forecast that Sprouts Farmers Market will post 4.29 EPS for the current year.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.