Sprouts Farmers Markets LLC Reaches New 12-Month High at $42.51 (SFM)
Sprouts Farmers Markets LLC (NYSE:SFM)’s share price reached a new 52-week high during trading on Thursday, AnalystRatingsNetwork.com reports. The stock traded as high as $42.51 and last traded at $41.86, with a volume of 671,971 shares traded. The stock had previously closed at $40.56.
Several analysts have recently commented on the stock. Analysts at Wolfe Research initiated coverage on shares of Sprouts Farmers Markets LLC (NYSE:SFM) in a research note to investors on Wednesday, September 11th. They set an “outperform” rating on the stock. Separately, analysts at Guggenheim initiated coverage on shares of Sprouts Farmers Markets LLC (NYSE:SFM) in a research note to investors on Tuesday, September 10th. They set a “neutral” rating on the stock. Finally, analysts at Merrill Lynch initiated coverage on shares of Sprouts Farmers Markets LLC (NYSE:SFM) in a research note to investors on Tuesday, September 10th. They set an “underperform” rating on the stock.
Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $36.50.
Sprouts Farmers Markets LLC has a one year low of $33.00 and a one year high of $41.85. The stock has a 50-day moving average of $38.62 and a 200-day moving average of $38.62. The company has a market cap of $6.130 billion and a price-to-earnings ratio of 165.55.
Sprouts Farmers Markets LLC (NYSE:SFM) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.10 earnings per share (EPS) for the quarter. The company had revenue of $622.40 million for the quarter, compared to the consensus estimate of $430.00 million. Analysts expect that Sprouts Farmers Markets LLC will post $0.43 EPS for the current fiscal year.
Sprouts Farmers Market, LLC is a United States-based company that owns and operates a network of food retail stores.
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