Sprouts Farmers Market (NASDAQ:SFM) Trading 6.7% Higher – Should You Buy?

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) rose 6.7% during mid-day trading on Tuesday . The company traded as high as $92.98 and last traded at $94.28. Approximately 554,222 shares changed hands during trading, a decline of 79% from the average daily volume of 2,636,879 shares. The stock had previously closed at $88.39.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Barclays reduced their price target on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Bank of America cut their price objective on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. BMO Capital Markets reissued a “market perform” rating and set a $70.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Finally, Wells Fargo & Company lowered their price target on 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. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $96.08.

Sprouts Farmers Market Stock Performance

The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $8.57 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 1.81 and a beta of 0.68. The stock has a fifty day moving average price of $78.30 and a 200-day moving average price of $77.67.

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. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the previous year, the firm earned $1.81 EPS. Sprouts Farmers Market’s quarterly revenue was up 4.1% on a year-over-year basis. 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. As a group, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Joseph L. Hurley sold 323 shares of Sprouts Farmers Market stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $83.97, for a total transaction of $27,122.31. Following the completion of the transaction, the insider directly owned 28,282 shares of the company’s stock, valued at $2,374,839.54. This trade represents a 1.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brandon F. Lombardi sold 406 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the transaction, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,156 shares of company stock worth $10,600,146 in the last three months. Company insiders own 1.30% of the company’s stock.

Institutional Trading of Sprouts Farmers Market

Hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in shares of Sprouts Farmers Market in the 4th quarter worth approximately $161,398,000. Swedbank AB bought a new position in Sprouts Farmers Market in the 1st quarter valued at $121,906,000. Bank of America Corp DE boosted its stake in Sprouts Farmers Market by 137.0% in the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock worth $425,582,000 after purchasing an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC grew its holdings in shares of Sprouts Farmers Market by 652.7% during the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock worth $153,544,000 after purchasing an additional 1,223,753 shares during the last quarter. Finally, Champlain Investment Partners LLC acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at $81,557,000.

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.