Brokerages Set Sprouts Farmers Market, Inc. (NASDAQ:SFM) PT at $96.08

Shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) have received an average recommendation of “Hold” from the fifteen research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $96.0769.

SFM has been the topic of a number of research analyst reports. UBS Group reduced 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. Royal Bank Of Canada reduced their target price on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Wells Fargo & Company reduced their target price on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Zacks Research raised Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Roth Mkm reissued a “neutral” rating and issued a $74.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th.

Insider Buying and Selling

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 11,745 shares of the firm’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $81.59, for a total value of $958,274.55. Following the transaction, the insider directly owned 8,262 shares of the company’s stock, valued at $674,096.58. This trade represents a 58.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Nicholas Konat sold 10,123 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $80.82, for a total value of $818,140.86. Following the completion of the transaction, the chief operating officer directly owned 80,139 shares in the company, valued at $6,476,833.98. This trade represents a 11.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 130,156 shares of company stock valued at $10,600,146 over the last ninety days. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC increased its position in shares of Sprouts Farmers Market by 1.0% during the third quarter. Chicago Partners Investment Group LLC now owns 10,457 shares of the company’s stock worth $1,117,000 after acquiring an additional 102 shares during the last quarter. MML Investors Services LLC increased its position in shares of Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after acquiring an additional 124 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of Sprouts Farmers Market by 15.9% during the third quarter. Global Retirement Partners LLC now owns 963 shares of the company’s stock worth $105,000 after acquiring an additional 132 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Sprouts Farmers Market by 1.0% during the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after acquiring an additional 139 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock worth $31,000 after acquiring an additional 141 shares during the last quarter.

Sprouts Farmers Market Price Performance

Shares of Sprouts Farmers Market stock opened at $81.58 on Thursday. Sprouts Farmers Market has a twelve month low of $64.75 and a twelve month high of $182.00. The stock has a market capitalization of $7.67 billion, a P/E ratio of 15.69, a PEG ratio of 1.75 and a beta of 0.68. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The business’s fifty day moving average price is $77.16 and its 200 day moving average price is $78.38.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter last year, the firm earned $1.81 earnings per share. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. 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. As a group, research analysts anticipate that Sprouts Farmers Market will post 5.57 earnings per share for the current year.

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.