Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives $96.08 Average Price Target from Analysts

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have earned a consensus recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $96.6154.

A number of equities analysts have issued reports on SFM shares. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Thursday, April 30th. UBS Group boosted their price objective on Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research note on Monday, April 6th. JPMorgan Chase & Co. increased their target price on Sprouts Farmers Market from $78.00 to $80.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th.

Sprouts Farmers Market Trading Down 0.6%

Shares of Sprouts Farmers Market stock opened at $73.49 on Tuesday. The firm has a 50-day simple moving average of $82.63 and a two-hundred day simple moving average of $77.95. The company has a market cap of $6.91 billion, a P/E ratio of 14.13, a price-to-earnings-growth ratio of 1.95 and a beta of 0.67. Sprouts Farmers Market has a fifty-two week low of $64.75 and a fifty-two week high of $165.97. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the firm earned $1.81 EPS. The company’s quarterly revenue was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, equities analysts predict that Sprouts Farmers Market will post 5.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Brandon F. Lombardi sold 406 shares of Sprouts Farmers Market stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total value of $33,308.24. Following the sale, the insider owned 6,801 shares in the company, valued at $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,149,159.20. This trade represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 45,310 shares of company stock worth $3,873,881. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SFM. MML Investors Services LLC boosted its stake in shares of Sprouts Farmers Market by 0.6% in the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after purchasing an additional 124 shares during the period. Advisory Services Network LLC increased its stake in Sprouts Farmers Market by 1.0% during the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after buying an additional 139 shares during the period. Legacy Wealth Asset Management LLC lifted its holdings in Sprouts Farmers Market by 2.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock worth $472,000 after buying an additional 155 shares in the last quarter. Clearstead Advisors LLC lifted its holdings in Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its holdings in Sprouts Farmers Market by 1.8% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock worth $715,000 after buying an additional 162 shares in the last quarter.

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.