Sprouts Farmers Market (NASDAQ:SFM) Price Target Raised to $80.00 at JPMorgan Chase & Co.

Sprouts Farmers Market (NASDAQ:SFM) had its target price raised by JPMorgan Chase & Co. from $78.00 to $80.00 in a report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other research firms also recently commented on SFM. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. UBS Group raised their price target on Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Finally, Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research report on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $96.62.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $73.94 on Wednesday. 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 has a 52-week low of $64.75 and a 52-week high of $165.97. The company has a fifty day moving average of $82.90 and a 200-day moving average of $78.00. The stock has a market capitalization of $6.95 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 1.58 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.81 EPS. 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. Equities research analysts expect that Sprouts Farmers Market will post 5.57 EPS for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the sale, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brandon F. Lombardi sold 406 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $82.04, for a total value of $33,308.24. Following the transaction, the insider directly owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 45,310 shares of company stock valued at $3,873,881. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Sprouts Farmers Market

Several institutional investors have recently bought and sold shares of SFM. TD Private Client Wealth LLC grew its holdings in shares of Sprouts Farmers Market by 1,309.1% during the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after buying an additional 288 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Sprouts Farmers Market in the 1st quarter valued at approximately $25,000. Sound Income Strategies LLC purchased a new stake in Sprouts Farmers Market during the 4th quarter valued at $27,000. Newbridge Financial Services Group Inc. purchased a new stake in Sprouts Farmers Market during the 2nd quarter valued at $29,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 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.