Sprouts Farmers Market (NASDAQ:SFM) Trading Up 6.7% – Time to Buy?

Sprouts Farmers Market, Inc. (NASDAQ:SFM) shares rose 6.7% during trading on Tuesday . The company traded as high as $92.98 and last traded at $94.28. Approximately 554,222 shares traded 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 research analysts recently issued reports on SFM shares. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. The Goldman Sachs Group set a $111.00 target price on Sprouts Farmers Market in a report on Friday, February 20th. Bank of America lowered their target price on Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, February 20th. UBS Group lowered their target price on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 target price on shares of Sprouts Farmers Market in a report on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $96.08.

Sprouts Farmers Market Stock Down 3.5%

The firm has a market cap of $8.03 billion, a PE ratio of 16.42, a P/E/G ratio of 1.90 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. The business has a fifty day moving average price of $78.70 and a two-hundred day moving average price of $77.65.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. The firm 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 36.06% and a net margin of 5.70%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company posted $1.81 EPS. 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. On average, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider Timmi Zalatoris sold 426 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $78.52, for a total transaction of $33,449.52. Following the completion of the sale, the insider directly owned 13,045 shares of the company’s stock, valued at $1,024,293.40. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph L. Hurley sold 323 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $27,122.31. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 130,156 shares of company stock valued at $10,600,146 in the last quarter. Corporate insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On Sprouts Farmers Market

A number of hedge funds and other institutional investors have recently made changes to their positions in SFM. Barlow Wealth Partners Inc. bought a new stake in shares of Sprouts Farmers Market in the 3rd quarter worth approximately $16,724,000. Federated Hermes Inc. lifted its position in shares of Sprouts Farmers Market by 89.8% during the 3rd quarter. Federated Hermes Inc. now owns 928,668 shares of the company’s stock worth $101,039,000 after buying an additional 439,425 shares during the period. Teacher Retirement System of Texas lifted its position in shares of Sprouts Farmers Market by 89.6% during the 3rd quarter. Teacher Retirement System of Texas now owns 69,062 shares of the company’s stock worth $7,514,000 after buying an additional 32,635 shares during the period. AMF Tjanstepension AB lifted its position in shares of Sprouts Farmers Market by 6,089.8% during the 3rd quarter. AMF Tjanstepension AB now owns 593,916 shares of the company’s stock worth $64,618,000 after buying an additional 584,321 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its position in shares of Sprouts Farmers Market by 171.9% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 51,310 shares of the company’s stock worth $5,583,000 after buying an additional 32,440 shares during the period.

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.