Sprouts Farmers Market, Inc. (NASDAQ:SFM) Given Average Rating of “Hold” by Analysts

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been assigned an average rating of “Hold” from the fifteen research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $96.0769.

A number of analysts have commented on SFM shares. Bank of America decreased their price objective 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. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Melius Research lowered 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. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Finally, The Goldman Sachs Group set a $111.00 price objective on Sprouts Farmers Market in a report on Friday, February 20th.

Insiders Place Their Bets

In other news, insider Timmi Zalatoris sold 9,820 shares of the stock in a transaction on 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 transaction, the insider owned 14,367 shares in the company, valued at approximately $1,205,822.31. This represents a 40.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jack Sinclair sold 57,644 shares of Sprouts Farmers Market stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $80.82, for a total value of $4,658,788.08. Following the completion of the sale, the chief executive officer directly owned 277,935 shares of the company’s stock, valued at approximately $22,462,706.70. This trade represents a 17.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,156 shares of company stock valued at $10,600,146 in the last quarter. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SFM. Norges Bank bought a new stake in Sprouts Farmers Market during the 4th quarter valued at $161,398,000. Swedbank AB bought a new position in shares of Sprouts Farmers Market in the first quarter worth $121,906,000. Bank of America Corp DE grew its position in shares of Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after purchasing an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC raised its stake in shares of Sprouts Farmers Market by 652.7% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after purchasing an additional 1,223,753 shares during the period. Finally, Champlain Investment Partners LLC bought a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at $81,557,000.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $82.87 on Monday. Sprouts Farmers Market has a one year low of $64.75 and a one year high of $173.96. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.75 and a beta of 0.67. The business has a 50-day simple moving average of $79.63 and a 200 day simple moving average of $77.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFM) last issued its 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 period in the previous year, the company 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. On average, research analysts anticipate that Sprouts Farmers Market will post 5.57 earnings per share for the current fiscal year.

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.