Sprouts Farmers Market’s (SFM) Outperform Rating Reiterated at Royal Bank Of Canada

Sprouts Farmers Market (NASDAQ:SFM)‘s stock had its “outperform” rating restated by equities researchers at Royal Bank Of Canada in a research report issued to clients and investors on Monday,Benzinga reports. They currently have a $114.00 price objective on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 37.80% from the stock’s previous close.

Several other equities analysts have also issued reports on SFM. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. Barclays lowered their price objective on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. UBS Group cut their target price on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Friday, March 27th. Finally, Wells Fargo & Company reduced their target price on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $96.08.

Sprouts Farmers Market Stock Up 0.1%

Shares of NASDAQ SFM opened at $82.73 on Monday. The company has a market capitalization of $7.78 billion, a P/E ratio of 15.93, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. Sprouts Farmers Market has a 52-week low of $64.75 and a 52-week high of $182.00. The company’s 50 day moving average price is $79.56 and its 200-day moving average price is $77.94.

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

Insiders Place Their Bets

In other Sprouts Farmers Market news, insider Timmi Zalatoris sold 9,820 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $83.93, for a total transaction of $824,192.60. Following the completion of the sale, the insider directly owned 14,367 shares in the company, valued at $1,205,822.31. The trade was a 40.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider David Mcglinchey sold 4,872 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $393,755.04. Following the sale, the insider directly owned 48,737 shares of the company’s stock, valued at approximately $3,938,924.34. The trade was a 9.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,156 shares of company stock worth $10,600,146 in the last quarter. Insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Sprouts Farmers Market

Several large investors have recently made changes to their positions in the business. MML Investors Services LLC lifted its holdings in shares of Sprouts Farmers Market by 0.6% in the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after buying an additional 124 shares in the last quarter. Advisory Services Network LLC increased its position in Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after purchasing an additional 139 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after purchasing an additional 141 shares in the last quarter. Affinity Investment Advisors LLC grew its stake in shares of Sprouts Farmers Market by 8.0% in the 3rd quarter. Affinity Investment Advisors LLC now owns 2,157 shares of the company’s stock worth $235,000 after buying an additional 160 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter.

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.