Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) have earned an average rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $175.9286.
SFM has been the topic of a number of research reports. Royal Bank Of Canada set a $148.00 price objective on shares of Sprouts Farmers Market and gave the stock an “outperform” rating in a research note on Monday, October 13th. UBS Group set a $180.00 price objective on shares of Sprouts Farmers Market in a research note on Thursday, July 31st. Jefferies Financial Group upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Friday, August 1st. Evercore ISI cut their price objective on shares of Sprouts Farmers Market from $185.00 to $180.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Wall Street Zen lowered shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday.
Read Our Latest Research Report on SFM
Insider Activity at Sprouts Farmers Market
Institutional Trading of Sprouts Farmers Market
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC grew its position in Sprouts Farmers Market by 15.9% during the third quarter. Global Retirement Partners LLC now owns 963 shares of the company’s stock valued at $105,000 after buying an additional 132 shares during the period. Financiere des Professionnels Fonds d investissement inc. grew its position in Sprouts Farmers Market by 200.2% during the third quarter. Financiere des Professionnels Fonds d investissement inc. now owns 2,825 shares of the company’s stock valued at $307,000 after buying an additional 1,884 shares during the period. Unique Wealth LLC acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at about $224,000. Suncoast Equity Management acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at about $824,000. Finally, Silver Oak Securities Incorporated grew its position in shares of Sprouts Farmers Market by 155.7% in the third quarter. Silver Oak Securities Incorporated now owns 11,291 shares of the company’s stock valued at $1,228,000 after purchasing an additional 6,875 shares during the period.
Sprouts Farmers Market Price Performance
Shares of SFM opened at $110.04 on Friday. The firm has a market capitalization of $10.75 billion, a PE ratio of 22.64, a price-to-earnings-growth ratio of 1.25 and a beta of 0.77. Sprouts Farmers Market has a 1-year low of $98.75 and a 1-year high of $182.00. The company’s fifty day moving average price is $125.87 and its 200-day moving average price is $149.49.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.12. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The business’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. As a group, research analysts anticipate that Sprouts Farmers Market will post 4.29 EPS for the current fiscal year.
Sprouts Farmers Market announced that its board has approved a stock buyback plan on Tuesday, August 19th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
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