NASDAQ:SFM - Sprouts Farmers Market Stock Price, Price Target & More

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

Sprouts Farmers Market announced that its Board of Directors has approved a share repurchase plan on Friday, February 23rd 2018, which authorizes the company to repurchase $350,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Sprouts Farmers Market Inc (NASDAQ:SFM) released its quarterly earnings results on Thursday, May, 3rd. The company reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.01. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.29 billion. Sprouts Farmers Market had a return on equity of 24.93% and a net margin of 3.71%. The company's revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 EPS. View Sprouts Farmers Market's Earnings History.

Sprouts Farmers Market is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Sprouts Farmers Market.

Sprouts Farmers Market updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.22-1.28 for the period, compared to the Thomson Reuters consensus estimate of $1.27. The company issued revenue guidance of $5.15-5.2 billion (+10.5-11.5%), compared to the consensus revenue estimate of $5.24 billion.

20 equities research analysts have issued 1-year target prices for Sprouts Farmers Market's shares. Their forecasts range from $18.00 to $32.00. On average, they anticipate Sprouts Farmers Market's share price to reach $26.2941 in the next year. This suggests a possible upside of 18.7% from the stock's current price. View Analyst Ratings for Sprouts Farmers Market.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last year. There are currently 1 sell rating, 8 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Sprouts Farmers Market include George Weston (WNGRF), Metro (MRU), Etablissementen Franz Colruyt (CUYTF), Metro (MTRAF), Companhia Brasileira de Distribuicao (CBD), J Sainsbury (SBRY), WM Morrison Supermarkets (MRW), Ocado Group (OCDO), Empire (EMLAF), Weis Markets (WMK), North West (NWC), Greggs (GRG), North West (NNWWF), Ingles Markets (IMKTA) and Village Super Market, Inc. Class A (VLGEA).

News stories about SFM stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sprouts Farmers Market earned a news sentiment score of 0.18 on Accern's scale. They also assigned press coverage about the company an impact score of 45.53 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Sprouts Farmers Market's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.21%), Daiwa SB Investments Ltd. (0.12%), Hennessy Advisors Inc. (0.11%), Amalgamated Bank (0.02%), Municipal Employees Retirement System of Michigan (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Sprouts Farmers Market stock include Amin N Maredia, Bradley Lukow, Brandon F Lombardi, Dan J Sanders, Daniel Bruni, James Douglas Sanders, James Leroy Nielsen, Shawn R Gensch, Shon A Boney, Steven H Townsend and Theodore Edward Frumkin II. View Institutional Ownership Trends for Sprouts Farmers Market.

SFM stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan and Hennessy Advisors Inc.. Company insiders that have sold Sprouts Farmers Market company stock in the last year include Amin N Maredia, Bradley Lukow, Brandon F Lombardi, James Leroy Nielsen, Shawn R Gensch, Shon A Boney, Steven H Townsend and Theodore Edward Frumkin II. View Insider Buying and Selling for Sprouts Farmers Market.

SFM stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Daiwa SB Investments Ltd., Cornerstone Wealth Management LLC, State of Alaska Department of Revenue and Amalgamated Bank. Company insiders that have bought Sprouts Farmers Market stock in the last two years include Bradley Lukow and Daniel Bruni. View Insider Buying and Selling for Sprouts Farmers Market.

Shares of SFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SFM stock can currently be purchased for approximately $22.15.

Sprouts Farmers Market has a market capitalization of $2.92 billion and generates $4.66 billion in revenue each year. The company earns $158.44 million in net income (profit) each year or $1.01 on an earnings per share basis. Sprouts Farmers Market employs 27,000 workers across the globe.

Sprouts Farmers Market's mailing address is 5455 EAST HIGH STREET SUITE 111, PHOENIX AZ, 85054. The company can be reached via phone at 480-814-8016 or via email at [email protected]