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

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have received an average rating of “Hold” from the fourteen analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $91.5833.

Several equities analysts have recently commented on the company. UBS Group upped their price target on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a research report on Friday, July 31st. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $80.00 to $103.00 in a report on Thursday, July 30th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, July 30th.

Sprouts Farmers Market Stock Up 3.4%

SFM stock opened at $81.08 on Friday. Sprouts Farmers Market has a one year low of $64.75 and a one year high of $149.66. The firm has a market cap of $7.56 billion, a PE ratio of 15.53, a PEG ratio of 1.94 and a beta of 0.68. The firm’s 50 day moving average price is $81.59 and its 200-day moving average price is $78.99. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, equities research analysts anticipate that Sprouts Farmers Market will post 5.55 EPS for the current year.

Insider Transactions at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $82.04, for a total value of $885,211.60. Following the completion of the sale, the chief executive officer owned 269,980 shares in the company, valued at approximately $22,149,159.20. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the completion of the sale, the director directly owned 14,710 shares in the company, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 58,289 shares of company stock worth $4,991,405. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Sprouts Farmers Market by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after buying an additional 28,951 shares during the period. BlackRock Inc. acquired a new position in Sprouts Farmers Market during the 2nd quarter worth about $768,171,000. State Street Corp boosted its holdings in Sprouts Farmers Market by 2.4% during the 4th quarter. State Street Corp now owns 3,115,029 shares of the company’s stock valued at $248,174,000 after acquiring an additional 71,905 shares during the period. Bank of America Corp DE boosted its holdings in Sprouts Farmers Market by 137.0% during the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after acquiring an additional 1,494,014 shares during the period. Finally, Morgan Stanley grew its position in Sprouts Farmers Market by 51.0% in the 4th quarter. Morgan Stanley now owns 2,098,249 shares of the company’s stock valued at $167,168,000 after acquiring an additional 708,529 shares in the last quarter.

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.