Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) have earned a consensus rating of “Hold” from the fourteen research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $90.58.
A number of equities research analysts have issued reports on SFM shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating on the stock in a research report on Friday, September 25th. UBS Group reiterated a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday, September 23rd. JPMorgan Chase & Co. lowered their target price on Sprouts Farmers Market from $103.00 to $90.00 and set an “overweight” rating for the company in a report on Tuesday, October 6th. Evercore reissued an “outperform” rating and set a $95.00 price objective on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Monday, September 21st.
Read Our Latest Stock Report on SFM
Sprouts Farmers Market Price Performance
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the business earned $1.35 earnings per share. Sprouts Farmers Market’s quarterly revenue was up 4.7% compared to the same quarter last year. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Sell-side analysts forecast that Sprouts Farmers Market will post 5.52 EPS for the current fiscal year.
Insider Transactions at Sprouts Farmers Market
In other news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $64.48, for a total transaction of $695,610.24. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $17,408,310.40. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph O’Leary sold 2,597 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the transaction, the director directly owned 14,710 shares in the company, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,041 shares of company stock worth $3,460,383 in the last 90 days. Insiders own 1.30% of the company’s stock.
Hedge Funds Weigh In On Sprouts Farmers Market
Institutional investors have recently modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Sprouts Farmers Market in the 1st quarter valued at $25,000. Bell Investment Advisors Inc purchased a new position in Sprouts Farmers Market in the 2nd quarter valued at $29,000. Ameritas Advisory Services LLC purchased a new position in shares of Sprouts Farmers Market in the second quarter worth about $29,000. Geneos Wealth Management Inc. purchased a new position in Sprouts Farmers Market in the 1st quarter worth approximately $31,000. Finally, Trust Co. of Vermont purchased a new position in Sprouts Farmers Market during the second quarter worth approximately $32,000.
About Sprouts Farmers Market
Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.
Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.
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