Sprouts Farmers Market - SFM Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprouts Farmers Market in the last twelve months. There are currently 3 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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 equities research analysts have issued 12-month target prices for Sprouts Farmers Market's shares. Their SFM share price forecasts range from $25.00 to $40.00. On average, they expect the company's share price to reach $32.57 in the next twelve months. This suggests that the stock has a possible downside of 4.4%.
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Sprouts Farmers Market's stock was trading at $32.37 at the beginning of 2023. Since then, SFM stock has increased by 5.3% and is now trading at $34.08.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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Sprouts Farmers Market, Inc. (NASDAQ:SFM) announced its quarterly earnings results on Thursday, March, 2nd. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.05. The firm earned $1.58 billion during the quarter, compared to the consensus estimate of $1.56 billion. Sprouts Farmers Market had a net margin of 4.08% and a trailing twelve-month return on equity of 25.40%. The firm's revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 EPS.

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), Cambria Shareholder Yield ETF (SYLD), SPDR S&P Retail ETF (XRT), AXS Green Alpha ETF (NXTE) and Direxion Daily Retail Bull 3X Shares (RETL).

Sprouts Farmers Market issued an update on its first quarter 2023 earnings guidance on Thursday, March, 2nd. The company provided earnings per share (EPS) guidance of $0.83-$0.87 for the period, compared to the consensus earnings per share estimate of $0.81. 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 variety of retail and institutional investors. Top institutional investors include LSV Asset Management (4.91%), Renaissance Technologies LLC (4.81%), Morgan Stanley (2.92%), Dimensional Fund Advisors LP (2.84%), Geode Capital Management LLC (1.88%) and PGGM Investments (1.54%). 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 $34.08.

Sprouts Farmers Market (NASDAQ:SFM) has a market capitalization of $3.51 billion and generates $6.40 billion in revenue each year. The company earns $261.16 million in net income (profit) each year or $2.39 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.