Sprouts Farmers Market (SFM) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Sprouts Farmers Market (NASDAQ: SFM) in the last few weeks:

  • 2/12/2018 – Sprouts Farmers Market was given a new $26.00 price target on by analysts at Jefferies Group LLC. They now have a “hold” rating on the stock.
  • 2/6/2018 – Sprouts Farmers Market had its price target raised by analysts at Oppenheimer Holdings Inc. from $28.00 to $31.00. They now have an “outperform” rating on the stock.
  • 2/2/2018 – Sprouts Farmers Market had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $32.00 price target on the stock.
  • 1/31/2018 – Sprouts Farmers Market was upgraded by analysts at Gordon Haskett from an “accumulate” rating to a “buy” rating. They now have a $27.00 price target on the stock.
  • 1/25/2018 – Sprouts Farmers Market was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/24/2018 – Sprouts Farmers Market had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $32.00 price target on the stock.
  • 1/17/2018 – Sprouts Farmers Market was given a new $27.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 1/12/2018 – Sprouts Farmers Market was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Sprouts Farmers Markets, LLC engages in the retailing of natural and organic food primarily in the United States. The Company offers fresh produce, meats, cheeses, dairy, bakery, beer and wine, bulk foods, vitamins, and supplements. Sprouts Farmers Markets, LLC is based in Phoenix, Arizona. “
  • 1/11/2018 – Sprouts Farmers Market was given a new $30.00 price target on by analysts at Susquehanna Bancshares Inc. They now have a “buy” rating on the stock.
  • 1/10/2018 – Sprouts Farmers Market was given a new $26.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 1/10/2018 – Sprouts Farmers Market was given a new $25.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 1/6/2018 – Sprouts Farmers Market was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 12/22/2017 – Sprouts Farmers Market was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.

Sprouts Farmers Market Inc (SFM) traded up $0.28 during trading on Wednesday, hitting $26.94. 1,850,000 shares of the stock were exchanged, compared to its average volume of 2,050,000. Sprouts Farmers Market Inc has a 12-month low of $17.38 and a 12-month high of $28.29. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. The company has a market cap of $3,580.00, a P/E ratio of 27.77, a PEG ratio of 1.88 and a beta of 0.80.

In related news, Director Shon A. Boney sold 17,221 shares of the company’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $26.71, for a total transaction of $459,972.91. Following the transaction, the director now directly owns 18,591 shares in the company, valued at approximately $496,565.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Shon A. Boney sold 848,409 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $24.72, for a total transaction of $20,972,670.48. Following the transaction, the director now owns 478,965 shares in the company, valued at $11,840,014.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,651,481 shares of company stock worth $42,706,303. Insiders own 2.60% of the company’s stock.

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

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