Analysts Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) PT at $96.08

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have been given a consensus recommendation of “Hold” by the fifteen analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $96.0769.

Several brokerages have recently issued reports on SFM. Melius Research downgraded Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective for the company. in a research report on Monday, April 6th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. increased their price target on Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th.

Insider Buying and Selling

In related news, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total value of $33,308.24. Following the completion of the transaction, the insider owned 6,801 shares in the company, valued at $557,954.04. This represents a 5.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 34,522 shares of company stock valued at $2,958,303 over the last 90 days. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

Hedge funds have recently modified their holdings of the company. MML Investors Services LLC increased its position in shares of Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares during the period. Advisory Services Network LLC lifted its holdings in Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after buying an additional 139 shares during the period. Clearstead Advisors LLC boosted its position in Sprouts Farmers Market by 72.7% during the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in Sprouts Farmers Market by 1.8% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 8,943 shares of the company’s stock valued at $715,000 after acquiring an additional 162 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in Sprouts Farmers Market by 4.3% during the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after acquiring an additional 171 shares during the period.

Sprouts Farmers Market Trading Up 3.7%

Shares of NASDAQ:SFM opened at $89.94 on Friday. The company has a market cap of $8.46 billion, a PE ratio of 17.30, a P/E/G ratio of 1.83 and a beta of 0.67. The company’s 50-day moving average price is $82.71 and its 200 day moving average price is $78.11. Sprouts Farmers Market has a fifty-two week low of $64.75 and a fifty-two week high of $171.15. The company has a quick ratio of 0.42, a current ratio of 0.92 and a debt-to-equity ratio of 0.07.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior 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. Sell-side analysts anticipate that Sprouts Farmers Market will post 5.57 earnings per share for the current year.

About Sprouts Farmers Market

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.