Sprouts Farmers Market, Inc. (NASDAQ:SFM) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $137.8571.

SFM has been the subject of a number of recent research reports. Evercore ISI reduced their target price on shares of Sprouts Farmers Market from $175.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday, October 27th. BMO Capital Markets set a $90.00 price target on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Zacks Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Wells Fargo & Company decreased their target price on shares of Sprouts Farmers Market from $180.00 to $135.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their target price on Sprouts Farmers Market from $124.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ:SFM opened at $79.67 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53. The business’s 50 day moving average price is $83.15 and its 200-day moving average price is $120.84. The firm has a market capitalization of $7.76 billion, a PE ratio of 15.41, a P/E/G ratio of 0.92 and a beta of 0.73. Sprouts Farmers Market has a 1 year low of $75.75 and a 1 year high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The firm’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.91 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. As a group, equities research analysts expect that Sprouts Farmers Market will post 4.29 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CMO Alisa Gmelich sold 3,161 shares of Sprouts Farmers Market stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares in the company, valued at $440,773.28. The trade was a 36.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dustin Hamilton sold 868 shares of the business’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total transaction of $94,178.00. Following the transaction, the insider directly owned 15,481 shares in the company, valued at approximately $1,679,688.50. The trade was a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 25,545 shares of company stock worth $2,250,294. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sprouts Farmers Market

Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at about $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $29,000. Smartleaf Asset Management LLC raised its position in shares of Sprouts Farmers Market by 98.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after buying an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Sprouts Farmers Market during the 3rd quarter valued at approximately $33,000. Finally, FWL Investment Management LLC lifted its holdings in Sprouts Farmers Market by 72.5% in the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock valued at $46,000 after acquiring an additional 179 shares during the last quarter.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.