Brokerages Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) Price Target at $92.25

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) has earned an average rating of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $92.25.

A number of research firms have issued reports on SFM. JPMorgan Chase & Co. raised Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted 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 note on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $95.00 price target on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. UBS Group increased their price objective on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 30th.

Check Out Our Latest Report on Sprouts Farmers Market

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total value of $936,398.40. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, the director directly owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This trade represents a 15.01% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 35,253 shares of company stock valued at $2,981,611. Corporate insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SFM. Core Capital Management & Research inc. bought a new stake in Sprouts Farmers Market during the 2nd quarter worth about $40,000. Sequoia Financial Advisors LLC grew its holdings in shares of Sprouts Farmers Market by 26.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,111 shares of the company’s stock valued at $855,000 after acquiring an additional 2,129 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $474,000. NewEdge Advisors LLC increased its position in shares of Sprouts Farmers Market by 8.1% in the second quarter. NewEdge Advisors LLC now owns 5,019 shares of the company’s stock valued at $425,000 after acquiring an additional 378 shares during the last quarter. Finally, Baird Financial Group Inc. increased its position in shares of Sprouts Farmers Market by 17.1% in the second quarter. Baird Financial Group Inc. now owns 3,239 shares of the company’s stock valued at $274,000 after acquiring an additional 474 shares during the last quarter.

Sprouts Farmers Market Stock Up 0.8%

Shares of NASDAQ SFM opened at $72.76 on Wednesday. Sprouts Farmers Market has a 52-week low of $64.75 and a 52-week high of $139.71. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The stock has a market cap of $6.78 billion, a P/E ratio of 13.94, a P/E/G ratio of 1.79 and a beta of 0.67. The firm has a 50 day moving average price of $80.41 and a 200 day moving average price of $80.29.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its earnings results 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 company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the business posted $1.35 earnings per share. 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. Analysts expect that Sprouts Farmers Market will post 5.55 EPS for the current year.

Sprouts Farmers Market Company Profile

(Get Free Report)

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.

Further Reading

Analyst Recommendations for Sprouts Farmers Market (NASDAQ:SFM)

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