Sprouts Farmers Market (SFM) Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last year. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SFM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SFM, but not buy additional shares or sell existing shares.
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9 brokerages have issued twelve-month target prices for Sprouts Farmers Market's shares. Their SFM share price forecasts range from $26.00 to $45.00. On average, they anticipate the company's share price to reach $33.75 in the next year. This suggests that the stock has a possible downside of 4.5%.
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Sprouts Farmers Market's stock was trading at $32.37 on January 1st, 2023. Since then, SFM shares have increased by 9.1% and is now trading at $35.33.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
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Sprouts Farmers Market, Inc. (NASDAQ:SFM) posted its quarterly earnings data on Monday, May, 1st. The company reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.13. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.72 billion. Sprouts Farmers Market had a net margin of 3.83% and a trailing twelve-month return on equity of 26.55%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.79 earnings per share.

ETFs with the largest weight of Sprouts Farmers Market (NASDAQ:SFM) stock in their portfolio include Invesco Dynamic Food & Beverage ETF (PBJ), Invesco DWA Consumer Staples Momentum ETF (PSL), Putnam Sustainable Future ETF (PFUT), Global X Health & Wellness ETF (BFIT), SPDR S&P Retail ETF (XRT), AXS Green Alpha ETF (NXTE), Direxion Daily Retail Bull 3X Shares (RETL) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

Sprouts Farmers Market updated its second quarter 2023 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $0.61-$0.65 for the period, compared to the consensus earnings per share estimate of $0.59. The company issued revenue guidance of -.

244 employees have rated Sprouts Farmers Market Chief Executive Officer Jack Sinclair on Glassdoor.com. Jack Sinclair has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sprouts Farmers Market investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Walt Disney (DIS), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), QUALCOMM (QCOM), Pfizer (PFE), AT&T (T) and Alibaba Group (BABA).

Sprouts Farmers Market trades on the NASDAQ under the ticker symbol "SFM."

Sprouts Farmers Market's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.13%), BlackRock Inc. (12.24%), Renaissance Technologies LLC (5.02%), LSV Asset Management (4.90%), State Street Corp (3.74%) and Dimensional Fund Advisors LP (2.96%). Insiders that own company stock include Brandon F Lombardi, Dan J Sanders, David Mcglinchey, Gilliam Phipps, Jack Sinclair, Joe Fortunato, Joel D Anderson, John Scott Neal, Kim Coffin, Kristen E Blum, Lawrence Molloy, Nicholas Konat, Stacy W Hilgendorf and Terri F Graham.
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Shares of SFM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SFM stock can currently be purchased for approximately $35.33.

Sprouts Farmers Market (NASDAQ:SFM) has a market capitalization of $3.64 billion and generates $6.40 billion in revenue each year. The company earns $261.16 million in net income (profit) each year or $2.33 on an earnings per share basis.

The company employs 31,000 workers across the globe.

Sprouts Farmers Market's mailing address is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. The official website for the company is www.sprouts.com. The company can be reached via phone at (480) 814-8016, via email at susannahlivingston@sprouts.com, or via fax at 480-814-8017.