Sprouts Farmers Market (NASDAQ:SFM – Free Report) had its price objective decreased by Wells Fargo & Company from $100.00 to $60.00 in a research report report published on Thursday morning, MarketBeat Ratings reports. Wells Fargo & Company currently has an overweight rating on the stock.
A number of other equities research analysts have also recently commented on SFM. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a report on Friday, September 25th. Roth Capital set a $82.00 price target on Sprouts Farmers Market in a report on Friday, July 31st. UBS Group restated a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a research report on Monday, October 26th. Bank of America downgraded Sprouts Farmers Market from a “buy” rating to an “underperform” rating and set a $47.00 price objective for the company. in a research note on Thursday. Finally, Barclays decreased their price objective on Sprouts Farmers Market from $100.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $64.92.
Check Out Our Latest Analysis on Sprouts Farmers Market
Sprouts Farmers Market Stock Performance
Shares of Sprouts Farmers Market stock opened at $49.70 on Thursday. The firm’s fifty day simple moving average is $69.68 and its 200-day simple moving average is $76.29. Sprouts Farmers Market has a 12 month low of $47.35 and a 12 month high of $94.89. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 1.40 and a beta of 0.67. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.97 and a quick ratio of 0.43.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.01). Sprouts Farmers Market had a return on equity of 33.83% and a net margin of 5.45%. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.33 billion. During the same quarter in the prior year, the company earned $1.22 EPS. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities analysts forecast that Sprouts Farmers Market will post 4.95 earnings per share for the current year.
Insider Buying and Selling at Sprouts Farmers Market
In other news, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the transaction, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $17,408,310.40. 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. Insiders sold a total of 46,041 shares of company stock valued at $3,460,383 in the last 90 days. Company insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On Sprouts Farmers Market
Hedge funds have recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Sprouts Farmers Market during the first quarter worth $25,000. Bell Investment Advisors Inc acquired a new position in shares of Sprouts Farmers Market in the second quarter worth $29,000. Ameritas Advisory Services LLC purchased a new stake in shares of Sprouts Farmers Market in the second quarter valued at $29,000. Trust Co. of Vermont purchased a new stake in shares of Sprouts Farmers Market in the second quarter valued at $32,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Sprouts Farmers Market in the first quarter valued at $31,000.
Key Stories Impacting Sprouts Farmers Market
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: Goldman Sachs maintained a Buy rating, while JPMorgan and Wells Fargo retained Overweight ratings. These firms still see potential upside from current levels, although all three sharply reduced their price targets. Goldman Sachs rating
- Neutral Sentiment: Goldman cut its target from $94 to $58, JPMorgan reduced its target from $90 to $58, and Wells Fargo lowered its target from $100 to $60. The continued bullish ratings provide some support, but the magnitude of the reductions signals a reset in expectations. JPMorgan price target
- Negative Sentiment: Sprouts missed third-quarter estimates, reporting adjusted EPS of $1.21 versus consensus of $1.22, while revenue also fell short. Analysts cited soft comparable-store sales and margin pressure. SFM Q3 earnings miss
- Negative Sentiment: Management reduced full-year 2026 EPS guidance to $4.80 from expectations of approximately $5.52 and forecast revenue of $9.2 billion versus consensus near $9.5 billion. Fourth-quarter EPS guidance of $0.47-$0.51 is particularly below the $1.21 analyst estimate.
- Negative Sentiment: Bank of America downgraded SFM to Underperform with a $47 target, while RBC moved the shares to Sector Perform. Commentary characterized the company’s challenges as structural rather than temporary, raising concerns about competitive pressure and the lack of near-term catalysts. Analyst views on Sprouts
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc (NASDAQ:SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Its stores offer a broad selection of fresh produce, meat and seafood, dairy products, bulk foods, vitamins and supplements, pantry staples, bakery items, deli products and prepared foods. The company emphasizes products that support healthy eating, including organic, plant-based and specialty-diet options.
Founded in 2002, Sprouts Farmers Market grew from its first store in Chandler, Arizona, into a national grocery chain.
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