A number of research firms have changed their ratings and price targets for Sprouts Farmers Market (NASDAQ: SFM):

  • 8/29/2017 – Sprouts Farmers Market had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $24.00 price target on the stock.
  • 8/25/2017 – Sprouts Farmers Market had its “ourperform” rating reaffirmed by analysts at William Blair.
  • 8/24/2017 – Sprouts Farmers Market was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/11/2017 – Sprouts Farmers Market is now covered by analysts at Stephens. They set an “equal weight” rating and a $25.00 price target on the stock.
  • 8/9/2017 – Sprouts Farmers Market had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $24.00 price target on the stock, up previously from $22.00.
  • 8/5/2017 – Sprouts Farmers Market was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sprouts Farmers Markets, LLC engages in the retailing of natural and organic food primarily in the United States. The Company offers fresh produce, meats, cheeses, dairy, bakery, beer and wine, bulk foods, vitamins, and supplements. Sprouts Farmers Markets, LLC is based in Phoenix, Arizona. “
  • 8/4/2017 – Sprouts Farmers Market was upgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “overweight” rating. They now have a $27.00 price target on the stock, up previously from $24.00.
  • 8/3/2017 – Sprouts Farmers Market had its “buy” rating reaffirmed by analysts at Wells Fargo & Company.
  • 7/31/2017 – Sprouts Farmers Market was given a new $28.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 7/27/2017 – Sprouts Farmers Market was downgraded by analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating. They now have a $26.00 price target on the stock.
  • 7/25/2017 – Sprouts Farmers Market had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $26.00 price target on the stock.
  • 7/25/2017 – Sprouts Farmers Market was upgraded by analysts at TheStreet from a “c+” rating to a “b-” rating.
  • 7/12/2017 – Sprouts Farmers Market was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/12/2017 – Sprouts Farmers Market was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Sprouts Farmers Markets, LLC engages in the retailing of natural and organic food primarily in the United States. The Company offers fresh produce, meats, cheeses, dairy, bakery, beer and wine, bulk foods, vitamins, and supplements. Sprouts Farmers Markets, LLC is based in Phoenix, Arizona. “
  • 6/30/2017 – Sprouts Farmers Market had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $28.00 price target on the stock.

Sprouts Farmers Market, Inc. (SFM) opened at 19.72 on Tuesday. The firm has a market capitalization of $2.67 billion, a PE ratio of 22.23 and a beta of 0.52. The company’s 50-day moving average is $23.91 and its 200 day moving average is $22.43. Sprouts Farmers Market, Inc. has a 1-year low of $17.38 and a 1-year high of $25.98.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.04. Sprouts Farmers Market had a net margin of 2.96% and a return on equity of 18.79%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter in the previous year, the firm posted $0.25 EPS. The firm’s quarterly revenue was up 14.8% on a year-over-year basis. On average, equities analysts expect that Sprouts Farmers Market, Inc. will post $0.93 EPS for the current fiscal year.

In other news, Director Steven H. Townsend sold 15,000 shares of Sprouts Farmers Market stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $24.42, for a total value of $366,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Dan J. Sanders sold 21,976 shares of Sprouts Farmers Market stock in a transaction dated Thursday, June 1st. The shares were sold at an average price of $24.23, for a total transaction of $532,478.48. Following the completion of the transaction, the chief operating officer now directly owns 36,771 shares of the company’s stock, valued at $890,961.33. The disclosure for this sale can be found here. Insiders sold a total of 70,424 shares of company stock valued at $1,690,983 over the last ninety days. Company insiders own 2.60% of the company’s stock.

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.

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