Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives Average Recommendation of “Moderate Buy” from Analysts

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has received a consensus rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $178.6429.

Several brokerages have recently issued reports on SFM. Wells Fargo & Company upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $175.00 to $180.00 in a research report on Tuesday, August 5th. Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research report on Friday, August 1st. Royal Bank Of Canada upped their target price on Sprouts Farmers Market from $173.00 to $176.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. initiated coverage on Sprouts Farmers Market in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $159.00 target price for the company. Finally, UBS Group set a $180.00 target price on Sprouts Farmers Market in a research report on Thursday, July 31st.

Sprouts Farmers Market Trading Down 0.6%

Shares of NASDAQ SFM opened at $108.80 on Wednesday. The stock has a 50 day simple moving average of $140.07 and a 200-day simple moving average of $153.64. The company has a market cap of $10.63 billion, a PE ratio of 22.39, a P/E/G ratio of 1.24 and a beta of 0.86. Sprouts Farmers Market has a 12-month low of $107.65 and a 12-month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.12. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.16 billion. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The business’s revenue was up 17.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.94 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Sell-side analysts forecast that Sprouts Farmers Market will post 4.29 earnings per share for the current fiscal year.

Sprouts Farmers Market announced that its board has authorized a share repurchase program on Tuesday, August 19th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, SVP Kim Coffin sold 651 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $141.58, for a total value of $92,168.58. Following the completion of the sale, the senior vice president directly owned 11,235 shares in the company, valued at $1,590,651.30. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Dustin Hamilton sold 7,200 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $138.95, for a total value of $1,000,440.00. Following the sale, the insider directly owned 16,349 shares of the company’s stock, valued at approximately $2,271,693.55. This represents a 30.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,561 shares of company stock valued at $5,499,641 over the last three months. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sprouts Farmers Market

A number of institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. increased its stake in Sprouts Farmers Market by 305.2% in the 2nd quarter. Osaic Holdings Inc. now owns 86,961 shares of the company’s stock worth $13,613,000 after purchasing an additional 65,501 shares in the last quarter. Centaurus Financial Inc. increased its stake in Sprouts Farmers Market by 29.3% in the 2nd quarter. Centaurus Financial Inc. now owns 1,196 shares of the company’s stock worth $197,000 after purchasing an additional 271 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in Sprouts Farmers Market by 16.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,021 shares of the company’s stock worth $3,790,000 after purchasing an additional 3,198 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter worth about $1,493,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter worth about $29,000.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.