Zacks Research Brokers Reduce Earnings Estimates for SFM

Sprouts Farmers Market, Inc. (NASDAQ:SFM) – Investment analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Sprouts Farmers Market in a research note issued on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the company will earn $1.23 per share for the quarter, down from their prior forecast of $1.32. The consensus estimate for Sprouts Farmers Market’s current full-year earnings is $5.55 per share. Zacks Research also issued estimates for Sprouts Farmers Market’s Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $5.55 EPS, Q1 2027 earnings at $1.85 EPS, Q2 2027 earnings at $1.47 EPS, Q3 2027 earnings at $1.33 EPS, Q4 2027 earnings at $1.15 EPS, FY2027 earnings at $5.80 EPS, Q1 2028 earnings at $2.03 EPS, Q2 2028 earnings at $1.61 EPS and FY2028 earnings at $6.32 EPS.

Several other equities research analysts have also issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. UBS Group lifted their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Finally, Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $91.58.

Sprouts Farmers Market Stock Up 2.0%

SFM opened at $86.07 on Thursday. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The stock has a market cap of $8.03 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.09 and a beta of 0.68. Sprouts Farmers Market has a twelve month low of $64.75 and a twelve month high of $152.25. The company’s 50-day moving average price is $82.23 and its two-hundred day moving average price is $78.58.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm earned $1.35 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. 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.

Insider Activity

In other news, CEO Jack Sinclair sold 10,790 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.04, for a total value of $885,211.60. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,149,159.20. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 55,692 shares of company stock valued at $4,776,971. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Sprouts Farmers Market

Hedge funds and other institutional investors have recently bought and sold shares of the company. Focus Partners Wealth purchased a new position in Sprouts Farmers Market during the first quarter worth about $400,000. Baird Financial Group Inc. grew its holdings in shares of Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after purchasing an additional 1,534 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Sprouts Farmers Market by 13.1% during the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after purchasing an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after purchasing an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in Sprouts Farmers Market by 64.0% during the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after purchasing an additional 4,492 shares during the last quarter.

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.