Analysts Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) Price Target at $96.08

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has been given a consensus rating of “Hold” by the fifteen analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $96.6154.

A number of equities analysts recently commented on the company. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective on the stock. in a research report on Monday, April 6th. JPMorgan Chase & Co. upped their price objective on shares of Sprouts Farmers Market from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st.

Insider Buying and Selling at Sprouts Farmers Market

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the transaction, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This represents a 5.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the transaction, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 45,310 shares of company stock valued at $3,873,881. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market in the 2nd quarter worth about $29,000. TD Private Client Wealth LLC boosted its stake in Sprouts Farmers Market by 1,309.1% during the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Sprouts Farmers Market during the first quarter worth about $25,000. Sound Income Strategies LLC purchased a new stake in Sprouts Farmers Market in the fourth quarter worth about $27,000. Finally, Clearstead Advisors LLC grew its holdings in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares during the period.

Sprouts Farmers Market Stock Performance

Sprouts Farmers Market stock opened at $76.84 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The firm has a market cap of $7.23 billion, a P/E ratio of 14.78, a P/E/G ratio of 1.98 and a beta of 0.67. Sprouts Farmers Market has a 1-year low of $64.75 and a 1-year high of $161.49. The firm has a 50-day moving average of $82.19 and a 200-day moving average of $77.91.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the company posted $1.81 EPS. Sprouts Farmers Market’s quarterly 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. Sell-side analysts expect that Sprouts Farmers Market will post 5.55 EPS for the current year.

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.