Sprouts Farmers Market (NASDAQ:SFM) Posts Earnings Results

Sprouts Farmers Market (NASDAQ:SFM) posted its earnings results on Thursday. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07, Zacks reports. The business had revenue of $2 billion for the quarter, compared to analyst estimates of $1.96 billion. Sprouts Farmers Market had a net margin of 4.93% and a return on equity of 29.86%. Sprouts Farmers Market updated its FY 2025 guidance to 4.520-4.680 EPS and its Q1 2025 guidance to 1.510-1.550 EPS.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $143.32 on Friday. The firm’s fifty day simple moving average is $148.11 and its 200 day simple moving average is $129.61. The firm has a market capitalization of $14.33 billion, a PE ratio of 38.12, a PEG ratio of 2.31 and a beta of 0.63. Sprouts Farmers Market has a 1 year low of $52.57 and a 1 year high of $178.99. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Douglas Gregory Rauch sold 700 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $148.89, for a total value of $104,223.00. Following the completion of the transaction, the director now directly owns 10,874 shares of the company’s stock, valued at approximately $1,619,029.86. The trade was a 6.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 2,915 shares of Sprouts Farmers Market stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $167.54, for a total transaction of $488,379.10. Following the sale, the chief executive officer now owns 143,669 shares of the company’s stock, valued at approximately $24,070,304.26. This represents a 1.99 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 42,614 shares of company stock valued at $6,323,731. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on SFM. Bank of America boosted their price objective on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. The Goldman Sachs Group boosted their target price on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company boosted their target price on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the company an “equal weight” rating in a research note on Friday. Evercore ISI boosted their target price on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, StockNews.com upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Friday. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $152.40.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.