Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives Consensus Rating of “Hold” from Brokerages

Sprouts Farmers Market, Inc. (NASDAQ:SFMGet Free Report) has earned an average recommendation of “Hold” from the fifteen brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $96.0769.

A number of analysts have recently issued reports on SFM shares. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a report on Monday, April 6th. JPMorgan Chase & Co. lifted their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th.

Read Our Latest Stock Analysis on SFM

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $82.05 on Friday. Sprouts Farmers Market has a 52-week low of $64.75 and a 52-week high of $171.15. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The company has a market capitalization of $7.72 billion, a P/E ratio of 15.78, a P/E/G ratio of 1.81 and a beta of 0.67. The company has a fifty day moving average of $81.64 and a 200-day moving average of $77.98.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm posted $1.81 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. 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. As a group, equities research analysts predict that Sprouts Farmers Market will post 5.57 EPS for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction on Monday, June 8th. The stock was sold at an average price of $86.92, for a total transaction of $937,692.96. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at approximately $23,466,661.60. The trade was a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 34,522 shares of company stock valued at $2,958,303. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in Sprouts Farmers Market by 260.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock worth $1,963,000 after purchasing an additional 17,812 shares during the period. Fieldview Capital Management LLC purchased a new stake in Sprouts Farmers Market in the third quarter worth about $1,678,000. Dynamic Technology Lab Private Ltd grew its holdings in Sprouts Farmers Market by 171.9% in the third quarter. Dynamic Technology Lab Private Ltd now owns 51,310 shares of the company’s stock worth $5,583,000 after purchasing an additional 32,440 shares during the period. Danske Bank A S grew its holdings in Sprouts Farmers Market by 20.6% in the fourth quarter. Danske Bank A S now owns 146,196 shares of the company’s stock worth $11,647,000 after purchasing an additional 24,936 shares during the period. Finally, Fulcrum Asset Management LLP purchased a new stake in Sprouts Farmers Market in the fourth quarter worth about $1,333,000.

About Sprouts Farmers Market

(Get Free Report)

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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Analyst Recommendations for Sprouts Farmers Market (NASDAQ:SFM)

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