Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives $96.08 Consensus PT from Analysts

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the company, Marketbeat reports. One research 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 twelve-month price target among analysts that have updated their coverage on the stock in the last year is $96.0769.

Several equities analysts have commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Friday, March 27th. BMO Capital Markets reiterated a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Wells Fargo & Company dropped their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday. Finally, The Goldman Sachs Group set a $111.00 price target on shares of Sprouts Farmers Market in a research note on Friday, February 20th.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider Timmi Zalatoris sold 9,820 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $83.93, for a total transaction of $824,192.60. Following the transaction, the insider directly owned 14,367 shares in the company, valued at approximately $1,205,822.31. This trade represents a 40.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brandon F. Lombardi sold 11,745 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $81.59, for a total transaction of $958,274.55. Following the transaction, the insider owned 8,262 shares in the company, valued at approximately $674,096.58. This trade represents a 58.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 130,156 shares of company stock valued at $10,600,146. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

Hedge funds have recently modified their holdings of the business. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter valued at $29,000. Smartleaf Asset Management LLC grew its position in Sprouts Farmers Market by 98.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after buying an additional 141 shares during the last quarter. TD Private Client Wealth LLC grew its position in Sprouts Farmers Market by 1,309.1% in the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after buying an additional 288 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Sprouts Farmers Market in the 1st quarter valued at $25,000. Finally, Sound Income Strategies LLC purchased a new position in Sprouts Farmers Market in the 4th quarter valued at $27,000.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $78.98 on Monday. The firm has a market capitalization of $7.43 billion, a P/E ratio of 15.19, a P/E/G ratio of 1.65 and a beta of 0.67. Sprouts Farmers Market has a 52 week low of $64.75 and a 52 week high of $175.04. 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 firm’s 50 day moving average is $79.39 and its two-hundred day moving average is $77.90.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm 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 forecast 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.