Sprouts Farmers Market (NASDAQ:SFM) Reaches New 52-Week Low – Should You Sell?

Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) shares hit a new 52-week low on Friday. The stock traded as low as $63.36 and last traded at $63.4980, with a volume of 166871 shares. The stock had previously closed at $65.42.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SFM. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. Evercore restated an “outperform” rating and issued a $95.00 price target on shares of Sprouts Farmers Market in a report on Tuesday, September 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Monday. JPMorgan Chase & Co. raised Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $80.00 to $103.00 in a report on Thursday, July 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $92.25.

Check Out Our Latest Stock Analysis on Sprouts Farmers Market

Sprouts Farmers Market Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The stock has a market capitalization of $6.00 billion, a PE ratio of 12.30, a P/E/G ratio of 1.70 and a beta of 0.67. The company’s fifty day simple moving average is $78.71 and its two-hundred day simple moving average is $79.97.

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. As a group, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Insider Buying and Selling

In other Sprouts Farmers Market news, Director Joseph D. O’leary sold 2,597 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the transaction, the director owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $82.66, for a total value of $891,736.08. Following the completion of the transaction, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,316,546.80. This trade represents a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 35,253 shares of company stock worth $2,981,611. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Sprouts Farmers Market

Large investors have recently made changes to their positions in the stock. Legacy Wealth Asset Management LLC increased its stake in Sprouts Farmers Market by 2.9% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock valued at $472,000 after acquiring an additional 155 shares during the period. Clearstead Advisors LLC raised its holdings in 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 in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of Sprouts Farmers Market by 2.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 8,152 shares of the company’s stock worth $629,000 after acquiring an additional 196 shares during the period. B. Metzler seel. Sohn & Co. AG lifted its position in shares of Sprouts Farmers Market by 1.6% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 12,740 shares of the company’s stock worth $1,078,000 after acquiring an additional 205 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Sprouts Farmers Market by 12.3% during the 1st quarter. Blue Trust Inc. now owns 2,167 shares of the company’s stock worth $167,000 after purchasing an additional 238 shares in the last quarter.

About Sprouts Farmers Market

(Get Free Report)

Sprouts Farmers Market, Inc operates a specialty grocery chain focused on fresh, natural and organic foods. Its stores offer produce, meat and seafood, dairy and refrigerated products, bakery items, prepared foods, bulk goods, vitamins and supplements, and other better-for-you grocery products. The company also provides private-label merchandise and products designed to meet a range of dietary preferences, including plant-based and gluten-free options.

Sprouts was founded in 2002, with its first store opening in Chandler, Arizona.

Further Reading

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