Sprouts Farmers Market, Inc. (NASDAQ:SFM) Given Average Rating of “Moderate Buy” by Analysts

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has been given a consensus rating of “Moderate Buy” by the sixteen brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given 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.

Several research firms have recently issued reports on SFM. UBS Group set a $108.00 target price on shares of Sprouts Farmers Market in a report on Thursday, October 30th. JPMorgan Chase & Co. cut their target price on Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday. Barclays lowered their price objective on shares of Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Roth Capital restated a “neutral” rating and issued a $91.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, October 30th.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider John Scott Neal sold 17,471 shares of Sprouts Farmers Market stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the completion of the sale, the insider directly owned 14,178 shares of the company’s stock, valued at $1,207,965.60. The trade was a 55.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jack Sinclair sold 4,045 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $103.00, for a total value of $416,635.00. Following the completion of the sale, the chief executive officer owned 174,740 shares of the company’s stock, valued at $17,998,220. This represents a 2.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 25,545 shares of company stock worth $2,250,294 over the last three months. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Sprouts Farmers Market

Several institutional investors and hedge funds have recently made changes to their positions in the company. Elevate Capital Advisors LLC purchased a new position in Sprouts Farmers Market during the second quarter valued at $2,227,000. NewSquare Capital LLC increased its stake in shares of Sprouts Farmers Market by 83,859.0% during the second quarter. NewSquare Capital LLC now owns 32,744 shares of the company’s stock worth $5,391,000 after purchasing an additional 32,705 shares in the last quarter. AMF Tjanstepension AB acquired a new position in shares of Sprouts Farmers Market during the 2nd quarter worth about $1,580,000. Silver Oak Securities Incorporated purchased a new position in Sprouts Farmers Market in the 2nd quarter valued at about $727,000. Finally, Los Angeles Capital Management LLC lifted its stake in Sprouts Farmers Market by 509.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 232,390 shares of the company’s stock valued at $38,261,000 after buying an additional 194,289 shares in the last quarter.

Sprouts Farmers Market Trading Down 0.6%

SFM opened at $79.67 on Friday. The stock has a 50-day moving average of $83.15 and a 200 day moving average of $120.84. The company has a current ratio of 1.05, a quick ratio of 0.53 and a debt-to-equity ratio of 0.04. Sprouts Farmers Market has a 12 month low of $75.75 and a 12 month high of $182.00. The firm has a market cap of $7.76 billion, a P/E ratio of 15.41, a P/E/G ratio of 0.92 and a beta of 0.73.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The company’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period last year, the company earned $0.91 EPS. 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. As a group, 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.