Northcoast Research upgraded shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) from a neutral rating to a buy rating in a report published on Monday. Northcoast Research also issued estimates for Sprouts Farmers Market’s Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.98 EPS and FY2018 earnings at $1.15 EPS.

A number of other research analysts have also weighed in on the stock. BidaskClub raised shares of Sprouts Farmers Market from a sell rating to a hold rating in a research note on Wednesday, November 15th. Goldman Sachs Group, Inc. (The) reissued a sell rating and issued a $18.00 target price on shares of Sprouts Farmers Market in a research note on Tuesday, November 14th. Wolfe Research raised shares of Sprouts Farmers Market to an outperform rating in a research note on Thursday, November 9th. Zacks Investment Research raised shares of Sprouts Farmers Market from a hold rating to a buy rating and set a $23.00 target price on the stock in a research note on Saturday, November 4th. Finally, BMO Capital Markets raised their target price on shares of Sprouts Farmers Market from $20.00 to $22.00 and gave the stock a market perform rating in a research note on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the company. Sprouts Farmers Market currently has an average rating of Hold and an average price target of $24.28.

Sprouts Farmers Market (NASDAQ SFM) opened at $21.31 on Monday. The firm has a market cap of $2,750.00, a PE ratio of 21.33, a P/E/G ratio of 1.84 and a beta of 0.54. Sprouts Farmers Market has a 12 month low of $17.38 and a 12 month high of $25.98. The company has a quick ratio of 0.23, a current ratio of 1.00 and a debt-to-equity ratio of 0.77.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.23 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.05. Sprouts Farmers Market had a net margin of 3.01% and a return on equity of 21.00%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the company posted $0.16 EPS. Sprouts Farmers Market’s quarterly revenue was up 16.4% compared to the same quarter last year. equities analysts anticipate that Sprouts Farmers Market will post 0.99 earnings per share for the current fiscal year.

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In related news, CFO Bradley Lukow bought 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The stock was purchased at an average price of $19.80 per share, for a total transaction of $138,600.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Daniel Bruni bought 15,000 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was bought at an average price of $19.00 per share, with a total value of $285,000.00. The disclosure for this purchase can be found here. 2.60% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the business. Advisory Services Network LLC grew its stake in shares of Sprouts Farmers Market by 1,093.0% in the second quarter. Advisory Services Network LLC now owns 5,309 shares of the company’s stock worth $120,000 after acquiring an additional 4,864 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Sprouts Farmers Market by 9.4% in the first quarter. PNC Financial Services Group Inc. now owns 5,460 shares of the company’s stock worth $126,000 after acquiring an additional 468 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of Sprouts Farmers Market by 2.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 7,525 shares of the company’s stock worth $171,000 after acquiring an additional 170 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Sprouts Farmers Market by 17.6% in the second quarter. Victory Capital Management Inc. now owns 7,739 shares of the company’s stock worth $175,000 after acquiring an additional 1,161 shares in the last quarter. Finally, First Quadrant L P CA grew its stake in shares of Sprouts Farmers Market by 16.3% in the second quarter. First Quadrant L P CA now owns 7,905 shares of the company’s stock worth $179,000 after acquiring an additional 1,105 shares in the last quarter. Institutional investors and hedge funds own 88.43% of the company’s stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.

Analyst Recommendations for Sprouts Farmers Market (NASDAQ:SFM)

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