Share on StockTwits

Sprouts Farmers Market (NYSE:SFM) has been given an average rating of “Hold” by the sixteen analysts that are currently covering the company, AR Network reports. Nine analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $34.90.

Shares of Sprouts Farmers Market (NYSE:SFM) traded down 1.71% during mid-day trading on Friday, hitting $29.555. The stock had a trading volume of 361,198 shares. Sprouts Farmers Market has a 52-week low of $25.73 and a 52-week high of $49.45. The stock’s 50-day moving average is $31.5 and its 200-day moving average is $32.90. The company has a market cap of $4.429 billion and a price-to-earnings ratio of 53.60.

Sprouts Farmers Market (NYSE:SFM) last announced its earnings results on Thursday, August 7th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.02. The company had revenue of $743.80 million for the quarter, compared to the consensus estimate of $741.05 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 19.5% on a year-over-year basis. Analysts expect that Sprouts Farmers Market will post $0.68 EPS for the current fiscal year.

A number of research firms have recently commented on SFM. Analysts at Imperial Capital reiterated an “in-line” rating on shares of Sprouts Farmers Market in a research note on Monday. They now have a $35.00 price target on the stock, down previously from $36.00. Separately, analysts at Zacks downgraded shares of Sprouts Farmers Market from an “outperform” rating to a “neutral” rating in a research note on Friday, July 25th. They now have a $35.90 price target on the stock. Finally, analysts at Longbow Research initiated coverage on shares of Sprouts Farmers Market in a research note on Friday, July 11th. They set a “neutral” rating on the stock.

Sprouts Farmers Market, Inc (NYSE:SFM) is a specialty retailer of natural and organic food focusing on health and wellness.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.