Wall Street analysts expect Sprouts Farmers Market Inc (NASDAQ:SFM) to report $0.18 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Sprouts Farmers Market’s earnings, with the lowest EPS estimate coming in at $0.17 and the highest estimate coming in at $0.19. Sprouts Farmers Market reported earnings of $0.16 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 12.5%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 28th.

On average, analysts expect that Sprouts Farmers Market will report full year earnings of $1.28 per share for the current financial year, with EPS estimates ranging from $1.27 to $1.29. For the next financial year, analysts anticipate that the company will post earnings of $1.36 per share, with EPS estimates ranging from $1.20 to $1.47. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Sprouts Farmers Market.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Thursday, November 1st. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. Sprouts Farmers Market had a return on equity of 25.85% and a net margin of 3.65%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the firm earned $0.23 earnings per share. Sprouts Farmers Market’s revenue for the quarter was up 10.2% on a year-over-year basis.

A number of equities analysts have recently weighed in on SFM shares. BidaskClub raised Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Wednesday, September 12th. ValuEngine raised Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Tuesday, September 11th. UBS Group upped their target price on Sprouts Farmers Market from $28.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, September 10th. Zacks Investment Research raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Monday, October 8th. Finally, Citigroup increased their price target on Sprouts Farmers Market from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, August 8th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $27.42.

Shares of NASDAQ:SFM traded up $0.94 during trading on Thursday, reaching $25.09. 4,098,400 shares of the stock were exchanged, compared to its average volume of 1,925,026. The company has a quick ratio of 0.30, a current ratio of 1.15 and a debt-to-equity ratio of 0.87. Sprouts Farmers Market has a 1-year low of $20.63 and a 1-year high of $29.67. The firm has a market capitalization of $3.08 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 1.57 and a beta of 0.79.

In other Sprouts Farmers Market news, COO Dan J. Sanders sold 19,929 shares of the company’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $28.91, for a total value of $576,147.39. Following the completion of the transaction, the chief operating officer now owns 610,846 shares in the company, valued at approximately $17,659,557.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Theodore Edward Frumkin II sold 53,333 shares of the company’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of $27.52, for a total value of $1,467,724.16. Following the completion of the transaction, the insider now owns 58,265 shares of the company’s stock, valued at approximately $1,603,452.80. The disclosure for this sale can be found here. Over the last three months, insiders purchased 105,500 shares of company stock valued at $2,415,475 and sold 289,475 shares valued at $8,032,053. Corporate insiders own 1.80% of the company’s stock.

Large investors have recently made changes to their positions in the business. Itau Unibanco Holding S.A. bought a new position in Sprouts Farmers Market in the 2nd quarter valued at $102,000. NumerixS Investment Technologies Inc grew its stake in Sprouts Farmers Market by 407.1% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 7,100 shares of the company’s stock valued at $159,000 after purchasing an additional 5,700 shares during the period. Harvest Fund Management Co. Ltd bought a new position in Sprouts Farmers Market in the 3rd quarter valued at $194,000. Csenge Advisory Group bought a new position in Sprouts Farmers Market in the 3rd quarter valued at $195,000. Finally, Global X Management Co LLC grew its stake in Sprouts Farmers Market by 64.3% in the 2nd quarter. Global X Management Co LLC now owns 8,907 shares of the company’s stock valued at $197,000 after purchasing an additional 3,485 shares during the period. Hedge funds and other institutional investors own 91.52% of the company’s stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc, a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, meat and seafood, deli and baked goods, packaged groceries, vitamins and supplements, bulk foods, dairy and dairy alternatives, frozen foods, beer and wine, and natural body care and household items.

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Earnings History and Estimates for Sprouts Farmers Market (NASDAQ:SFM)

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