Sprouts Farmers Market (NASDAQ:SFM) Stock Price Target Cut by JPMorgan Chase & Co.

Sprouts Farmers Market (NASDAQ:SFM) had its price target cut by analysts at JPMorgan Chase & Co. from $103.00 to $90.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 40.43% from the company’s previous close.

Several other research firms also recently commented on SFM. Deutsche Bank Aktiengesellschaft decreased their target price on Sprouts Farmers Market from $84.00 to $77.00 and set a “hold” rating on the stock in a research report on Friday, September 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday, September 21st. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. UBS Group reiterated a “neutral” rating on shares of Sprouts Farmers Market in a research note on Wednesday, September 23rd. Finally, Evercore restated an “outperform” rating and issued a $95.00 target price on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $90.58.

Sprouts Farmers Market Stock Down 1.3%

Shares of NASDAQ SFM traded down $0.83 during midday trading on Tuesday, reaching $64.09. 374,927 shares of the company’s stock were exchanged, compared to its average volume of 2,343,843. The stock has a market capitalization of $5.98 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.63 and a beta of 0.67. Sprouts Farmers Market has a 52-week low of $61.88 and a 52-week high of $114.34. The business’s fifty day moving average price is $77.24 and its two-hundred day moving average price is $79.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the firm earned $1.35 EPS. The company’s quarterly revenue 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. Analysts forecast that Sprouts Farmers Market will post 5.53 EPS for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 46,041 shares of company stock worth $3,460,383. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Sprouts Farmers Market during the 1st quarter valued at approximately $25,000. Bell Investment Advisors Inc acquired a new stake in Sprouts Farmers Market during the 2nd quarter worth approximately $29,000. Ameritas Advisory Services LLC purchased a new position in shares of Sprouts Farmers Market in the 2nd quarter valued at about $29,000. Trust Co. of Vermont acquired a new stake in shares of Sprouts Farmers Market during the second quarter valued at $32,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Sprouts Farmers Market during the 1st quarter valued at $31,000.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic products. Its stores offer fresh produce, meat and seafood, dairy, bakery and deli items, bulk foods, vitamins and supplements, packaged groceries, and a range of plant-based and health-oriented products.

Founded in 2002, Sprouts Farmers Market was developed around a farmers-market-inspired shopping experience, with an emphasis on value, fresh foods and products aligned with healthy lifestyles.