Brokerages Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) PT at $91.58

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) has been assigned an average recommendation of “Hold” from the fourteen analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $91.5833.

A number of brokerages have weighed in on SFM. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. UBS Group increased their price target on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $80.00 to $103.00 in a research report on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th.

Get Our Latest Report on Sprouts Farmers Market

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the completion of the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This represents a 3.84% decrease in their ownership of the stock. 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 58,289 shares of company stock valued at $4,991,405. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Focus Partners Wealth acquired a new position in Sprouts Farmers Market during the 1st quarter valued at about $400,000. Baird Financial Group Inc. grew its stake in Sprouts Farmers Market by 77.7% in the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after purchasing an additional 1,534 shares during the period. Cerity Partners LLC grew its position in Sprouts Farmers Market by 13.1% during the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after buying an additional 2,609 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Sprouts Farmers Market by 12.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after purchasing an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Sprouts Farmers Market by 64.0% in the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after buying an additional 4,492 shares during the last quarter.

Sprouts Farmers Market Stock Performance

Shares of SFM opened at $80.60 on Friday. 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 firm’s fifty day simple moving average is $82.15 and its two-hundred day simple moving average is $78.80. Sprouts Farmers Market has a 12 month low of $64.75 and a 12 month high of $152.25. The stock has a market capitalization of $7.52 billion, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 2.04 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company posted $1.35 EPS. 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. As a group, analysts predict that Sprouts Farmers Market will post 5.55 EPS for the current year.

About Sprouts Farmers Market

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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.

See Also

Analyst Recommendations for Sprouts Farmers Market (NASDAQ:SFM)

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