Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives $92.25 Consensus Target Price from Brokerages

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has been given an average rating of “Hold” by the fourteen research firms that are currently covering the company, Marketbeat.com reports. One equities research 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 analysts that have issued ratings on the stock in the last year is $92.25.

A number of research firms have issued reports on SFM. Evercore reiterated an “outperform” rating and issued a $95.00 price objective on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $80.00 to $103.00 in a research note on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, UBS Group lifted their price objective 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.

Sprouts Farmers Market Stock Down 2.2%

Shares of NASDAQ SFM opened at $73.46 on Wednesday. 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 12 month low of $64.75 and a 12 month high of $128.40. The firm has a market capitalization of $6.85 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 1.86 and a beta of 0.67. The firm has a fifty day simple moving average of $79.97 and a two-hundred day simple moving average of $80.35.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm 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 posted $1.35 EPS. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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. Equities analysts expect that Sprouts Farmers Market will post 5.55 earnings per share for the current year.

Insider Transactions at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the transaction, the chief executive officer owned 269,980 shares in the company, valued at approximately $23,434,264. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph O’Leary sold 2,597 shares of the stock in a transaction that occurred 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 sale, the director 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 quarter, insiders sold 35,253 shares of company stock worth $2,981,611. 1.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Sprouts Farmers Market during the second quarter worth about $768,171,000. Norges Bank bought a new stake in Sprouts Farmers Market during the 4th quarter valued at approximately $161,398,000. Swedbank AB purchased a new position in Sprouts Farmers Market in the 1st quarter worth approximately $121,906,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $131,310,000. Finally, Bank of America Corp DE bought a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $93,790,000.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.