Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) have earned an average recommendation of “Hold” from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $96.0769.
A number of research firms have recently commented on SFM. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Roth Mkm restated a “neutral” rating and set a $74.00 target price on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Barclays lowered their target price on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. JPMorgan Chase & Co. lifted their price target on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Finally, Bank of America cut their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a report on Friday, February 20th.
View Our Latest Research Report on SFM
Sprouts Farmers Market Price Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, sell-side analysts predict that Sprouts Farmers Market will post 5.57 EPS for the current year.
Insider Buying and Selling at Sprouts Farmers Market
In other Sprouts Farmers Market news, COO Nicholas Konat sold 10,123 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $80.82, for a total value of $818,140.86. Following the sale, the chief operating officer directly owned 80,139 shares in the company, valued at $6,476,833.98. This trade represents a 11.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jack Sinclair sold 57,644 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total transaction of $4,658,788.08. Following the transaction, the chief executive officer owned 277,935 shares in the company, valued at approximately $22,462,706.70. The trade was a 17.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,156 shares of company stock valued at $10,600,146 in the last three months. 1.30% of the stock is owned by insiders.
Institutional Investors Weigh In On Sprouts Farmers Market
Several hedge funds have recently made changes to their positions in the stock. MML Investors Services LLC grew its position in Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares in the last quarter. Advisory Services Network LLC raised its holdings in Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after acquiring an additional 139 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in Sprouts Farmers Market by 98.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after acquiring an additional 141 shares in the last quarter. Affinity Investment Advisors LLC lifted its position in shares of Sprouts Farmers Market by 8.0% in the 3rd quarter. Affinity Investment Advisors LLC now owns 2,157 shares of the company’s stock worth $235,000 after acquiring an additional 160 shares during the period. Finally, Clearstead Advisors LLC grew its holdings in shares of Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares in the last quarter.
Sprouts Farmers Market Company Profile
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.
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