Sprouts Farmers Market, Inc. (NASDAQ:SFM) Stock Has Average Price Target of $91.67 According to Brokerages

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has earned a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $90.58.

A number of analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reduced their price target on Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating for the company in a research report on Friday, September 25th. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a report on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Evercore restated an “outperform” rating and issued a $95.00 target price on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. Finally, UBS Group restated a “neutral” rating on shares of Sprouts Farmers Market in a report on Wednesday, September 23rd.

Sprouts Farmers Market Stock Up 0.4%

Sprouts Farmers Market stock opened at $65.17 on Friday. The company has a market capitalization of $6.08 billion, a P/E ratio of 12.48, a P/E/G ratio of 1.65 and a beta of 0.67. The firm’s fifty day simple moving average is $76.99 and its 200-day simple moving average is $79.11. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market has a 1-year low of $61.88 and a 1-year high of $114.34.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. Sprouts Farmers Market’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.35 earnings per share. 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 5.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Joseph D. 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 transaction of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 46,041 shares of company stock worth $3,460,383. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Sprouts Farmers Market in the second quarter worth about $768,171,000. Swedbank AB bought a new stake in Sprouts Farmers Market during the 1st quarter valued at approximately $121,906,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Sprouts Farmers Market during the 2nd quarter valued at approximately $131,310,000. Bank of America Corp DE bought a new stake in Sprouts Farmers Market during the 2nd quarter valued at approximately $93,790,000. Finally, Bank of New York Mellon Corp acquired a new stake in Sprouts Farmers Market in the 2nd quarter valued at approximately $55,713,000.

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.