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

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been given an average recommendation of “Hold” by the fifteen ratings firms 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 given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $96.0769.

A number of equities analysts recently issued reports on SFM shares. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a report on Monday, April 6th. JPMorgan Chase & Co. upped their price target on Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Wall Street Zen downgraded Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Finally, Barclays decreased their price objective on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th.

Insiders Place Their Bets

In other news, SVP Kim Coffin sold 313 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $26,282.61. Following the completion of the sale, the senior vice president directly owned 23,332 shares of the company’s stock, valued at approximately $1,959,188.04. This represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Joseph L. Hurley sold 323 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $27,122.31. Following the sale, the insider directly owned 28,282 shares of the company’s stock, valued at approximately $2,374,839.54. This represents a 1.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 130,156 shares of company stock valued at $10,600,146. 1.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Sprouts Farmers Market

Several hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 21.2% during the first quarter. Parallel Advisors LLC now owns 3,830 shares of the company’s stock worth $295,000 after purchasing an additional 669 shares during the period. Caerus Investment Advisors LLC acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $211,000. Henshaw Capital LLC acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $949,000. Verus Capital Partners LLC lifted its holdings in shares of Sprouts Farmers Market by 16.0% during the first quarter. Verus Capital Partners LLC now owns 10,255 shares of the company’s stock worth $791,000 after purchasing an additional 1,411 shares during the period. Finally, Access Investment Management LLC acquired a new stake in shares of Sprouts Farmers Market during the first quarter worth $1,109,000.

Sprouts Farmers Market Stock Performance

Shares of SFM opened at $82.87 on Monday. The stock has a 50 day moving average price of $79.63 and a 200 day moving average price of $77.92. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $7.79 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 1.70 and a beta of 0.67. Sprouts Farmers Market has a 52-week low of $64.75 and a 52-week high of $173.96.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.81 earnings per share. 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. Research analysts predict that Sprouts Farmers Market will post 5.57 EPS 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.