Sprouts Farmers Market, Inc. (NASDAQ:SFM) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been assigned an average recommendation of “Hold” from the fourteen ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $91.5833.

SFM has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their target price for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st.

Insider Transactions at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 10,790 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $82.04, for a total value of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 58,289 shares of company stock valued at $4,991,405. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Sprouts Farmers Market

Several institutional investors and hedge funds have recently made changes to their positions in SFM. Vanguard Group Inc. lifted its holdings in Sprouts Farmers Market by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after purchasing an additional 28,951 shares during the last quarter. BlackRock Inc. bought a new stake in Sprouts Farmers Market during the second quarter worth about $768,171,000. State Street Corp grew its stake in Sprouts Farmers Market by 2.4% during the fourth quarter. State Street Corp now owns 3,115,029 shares of the company’s stock worth $248,174,000 after buying an additional 71,905 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Sprouts Farmers Market by 137.0% during the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Sprouts Farmers Market by 51.0% during the fourth quarter. Morgan Stanley now owns 2,098,249 shares of the company’s stock worth $167,168,000 after buying an additional 708,529 shares in the last quarter.

Sprouts Farmers Market Stock Performance

SFM opened at $79.33 on Friday. The stock’s 50 day simple moving average is $81.89 and its 200-day simple moving average is $78.92. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The stock has a market cap of $7.40 billion, a PE ratio of 15.20, a P/E/G ratio of 1.95 and a beta of 0.68. Sprouts Farmers Market has a 1 year low of $64.75 and a 1 year high of $152.25.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the business earned $1.35 earnings per share. Sprouts Farmers Market’s quarterly revenue was up 4.7% compared to the same quarter last year. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Sell-side analysts forecast that Sprouts Farmers Market will post 5.55 EPS for the current year.

About Sprouts Farmers Market

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.