Stephens set a $25.00 price target on Sprouts Farmers Market (NASDAQ:SFM) in a research note published on Wednesday. The firm currently has a hold rating on the stock.

Other equities analysts have also recently issued research reports about the company. TheStreet upgraded Sprouts Farmers Market from a c rating to a b- rating in a report on Monday, December 4th. Zacks Investment Research upgraded Sprouts Farmers Market from a hold rating to a buy rating and set a $23.00 target price for the company in a report on Saturday, November 4th. UBS Group set a $25.00 target price on Sprouts Farmers Market and gave the stock a buy rating in a report on Monday, October 30th. Royal Bank of Canada set a $28.00 target price on Sprouts Farmers Market and gave the stock a buy rating in a report on Monday, October 30th. Finally, SunTrust Banks reiterated a buy rating and issued a $27.00 target price on shares of Sprouts Farmers Market in a report on Friday, September 15th. Two 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. The stock presently has a consensus rating of Hold and an average price target of $24.89.

Sprouts Farmers Market (NASDAQ SFM) opened at $25.47 on Wednesday. Sprouts Farmers Market has a 1-year low of $17.38 and a 1-year high of $25.98. The company has a current ratio of 1.00, a quick ratio of 0.23 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $3,390.00, a price-to-earnings ratio of 26.26, a P/E/G ratio of 1.93 and a beta of 0.67.

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

In related news, insider Brandon F. Lombardi sold 8,557 shares of the company’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $25.74, for a total transaction of $220,257.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shon A. Boney sold 848,409 shares of the company’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $24.72, for a total value of $20,972,670.48. Following the sale, the director now owns 478,965 shares of the company’s stock, valued at $11,840,014.80. The disclosure for this sale can be found here. Insiders have sold a total of 1,015,934 shares of company stock valued at $24,918,352 over the last 90 days. 2.60% of the stock is currently owned by company insiders.

Large investors have recently made changes to their positions in the stock. Northern Trust Corp increased its position in Sprouts Farmers Market by 1.2% during the 2nd quarter. Northern Trust Corp now owns 1,127,869 shares of the company’s stock valued at $25,568,000 after buying an additional 13,641 shares in the last quarter. Royal Bank of Canada increased its position in Sprouts Farmers Market by 67.3% during the 2nd quarter. Royal Bank of Canada now owns 136,168 shares of the company’s stock valued at $3,086,000 after buying an additional 54,787 shares in the last quarter. Allianz Asset Management GmbH acquired a new position in Sprouts Farmers Market during the 3rd quarter valued at about $1,991,000. Verition Fund Management LLC acquired a new position in Sprouts Farmers Market during the 2nd quarter valued at about $351,000. Finally, Cornerstone Capital Management Holdings LLC. acquired a new position in Sprouts Farmers Market during the 3rd quarter valued at about $2,485,000. 89.68% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: This report was first reported by Daily Political and is the sole property of of Daily Political. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://www.dailypolitical.com/2018/01/13/sprouts-farmers-market-sfm-given-a-25-00-price-target-by-stephens-analysts.html.

About Sprouts Farmers Market

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)

Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter.