Sprouts Farmers Market, Inc. (NASDAQ:SFM) Receives $96.08 Consensus Target Price from Brokerages

Sprouts Farmers Market, Inc. (NASDAQ:SFM) has been assigned a consensus rating of “Hold” from the fifteen ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $96.0769.

A number of analysts recently issued reports on SFM shares. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. JPMorgan Chase & Co. increased their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Melius Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target for the company. in a research note on Monday, April 6th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $84.58 on Friday. The business’s fifty day simple moving average is $82.17 and its 200 day simple moving average is $77.99. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market has a 12 month low of $64.75 and a 12 month high of $171.15. The firm has a market capitalization of $7.95 billion, a P/E ratio of 16.27, a price-to-earnings-growth ratio of 1.73 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.81 EPS. 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, analysts anticipate that Sprouts Farmers Market will post 5.57 EPS for the current year.

Insider Activity

In other news, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $82.04, for a total value of $885,211.60. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,149,159.20. This trade represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 34,522 shares of company stock valued at $2,958,303 in the last 90 days. Insiders own 1.30% of the company’s stock.

Institutional Trading of Sprouts Farmers Market

Several hedge funds and other institutional investors have recently modified their holdings of the business. Empowered Funds LLC boosted its holdings in Sprouts Farmers Market by 12,554.0% in the 1st quarter. Empowered Funds LLC now owns 108,951 shares of the company’s stock worth $8,403,000 after buying an additional 108,090 shares during the period. Carmignac Gestion grew its position in shares of Sprouts Farmers Market by 31.8% in the first quarter. Carmignac Gestion now owns 698,470 shares of the company’s stock valued at $53,873,000 after purchasing an additional 168,470 shares in the last quarter. Pine Valley Investments Ltd Liability Co bought a new stake in shares of Sprouts Farmers Market during the 1st quarter valued at $8,574,000. Parallel Advisors LLC raised its stake in shares of Sprouts Farmers Market by 21.2% during the 1st quarter. Parallel Advisors LLC now owns 3,830 shares of the company’s stock valued at $295,000 after purchasing an additional 669 shares during the period. Finally, Caerus Investment Advisors LLC purchased a new stake in Sprouts Farmers Market during the 1st quarter worth about $211,000.

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.