Sprouts Farmers Market (NASDAQ:SFM) Stock Price Down 4.4% – Here’s Why

Sprouts Farmers Market, Inc. (NASDAQ:SFM) shares traded down 4.4% during mid-day trading on Monday . The stock traded as low as $78.13 and last traded at $78.1930. 744,523 shares traded hands during trading, a decline of 75% from the average session volume of 3,033,807 shares. The stock had previously closed at $81.80.

Analysts Set New Price Targets

Several equities analysts have recently commented on SFM shares. Wells Fargo & Company lowered their price objective on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Monday, December 29th. Royal Bank Of Canada dropped their price objective on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Finally, Evercore upgraded Sprouts Farmers Market to a “strong-buy” rating in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.75.

Sprouts Farmers Market Stock Performance

The company’s 50-day moving average price is $73.89 and its 200 day moving average price is $88.18. The stock has a market capitalization of $7.47 billion, a PE ratio of 14.92, a PEG ratio of 1.76 and a beta of 0.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.15 billion. During the same quarter in the previous year, the company earned $0.79 earnings per share. Sprouts Farmers Market’s quarterly revenue was up 7.6% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, equities research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider David Mcglinchey sold 4,872 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $393,755.04. Following the sale, the insider owned 48,737 shares in the company, valued at approximately $3,938,924.34. The trade was a 9.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Timmi Zalatoris sold 9,820 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $83.93, for a total transaction of $824,192.60. Following the completion of the sale, the insider directly owned 14,367 shares in the company, valued at $1,205,822.31. This represents a 40.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 123,410 shares of company stock valued at $10,036,789 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Institutional Trading of Sprouts Farmers Market

A number of hedge funds have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. bought a new position in Sprouts Farmers Market during the 2nd quarter valued at approximately $29,000. Root Financial Partners LLC bought a new stake in Sprouts Farmers Market in the third quarter worth $26,000. Smartleaf Asset Management LLC grew its stake in shares of Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after acquiring an additional 141 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Sprouts Farmers Market during the third quarter valued at $33,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of 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 valued at $25,000 after acquiring an additional 288 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.