Sprouts Farmers Market, Inc. (NASDAQ: SFM) Given the consensus recommendation of “Hold” by analysts

Shares of Sprouts Farmers Market, Inc. (NASDAQ: SFM) received an average rating of “Hold” by the ten analysts who currently cover the company, reports MarketBeat. Two equity research analysts gave the stock a sell rating, six assigned a conservation rating, and two gave the company a buy rating. The 12-month average price target among analysts who reported on the stock in the past year is $ 24.63.

Separately, Deutsche Bank Aktiengesellschaft cut its price target in the sprout growers market from $ 34.00 to $ 29.00 and set a ‘buy’ rating for the stock in a research report released on Friday. August 6.

SFM stock opened at $ 21.99 on Friday. The company has a 50-day moving average price of $ 23.92 and a 200-day moving average price of $ 25.51. The stock has a market cap of $ 2.51 billion, a price-to-earnings ratio of 9.52 and a beta of 0.24. Sprouts Farmers Market has a 52 week low of $ 18.21 and a 52 week high of $ 29.35. The company has a quick ratio of 0.57, a current ratio of 1.14 and a debt ratio of 0.27.

Sprouts Farmers Market (NASDAQ: SFM) last released its results on Thursday, August 5. The company reported earnings per share of $ 0.52 for the quarter, beating the consensus estimate of $ 0.45 by $ 0.07. The company posted revenue of $ 1.52 billion in the quarter, against analysts’ expectations of $ 1.60 billion. Sprouts Farmers Market reported a return on equity of 30.60% and a net margin of 4.34%. As a group, analysts on the seller’s side predict that Sprouts Farmers Market will post 1.97 EPS for the current year.

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Separately, insider John Scott Neal sold 4,840 shares of the company in a trade that took place on Wednesday, August 11. The stock was sold for an average price of $ 24.74, for a total value of $ 119,741.60. The transaction was disclosed in a document filed with the SEC, accessible through this hyperlink. Insiders own 0.42% of the company’s shares.

Institutional investors recently bought and sold stocks. Reilly Financial Advisors LLC increased its stake in Sprouts Farmers Market shares by 900.0% in the second quarter. Reilly Financial Advisors LLC now owns 1,000 shares of the company valued at $ 25,000 after purchasing an additional 900 shares in the last quarter. Huntington National Bank acquired a new stake in Sprouts Farmers Market during the second quarter for a value of $ 30,000. FinTrust Capital Advisors LLC purchased a new stake in Sprouts Farmers Market during the second quarter valued at $ 35,000. Arkadios Wealth Advisors strengthened its position on Sprouts Farmers Market by 40.2% during the second quarter. Arkadios Wealth Advisors now owns 3,298 shares of the company valued at $ 81,000 after purchasing an additional 945 shares in the last quarter. Finally, Ameritas Investment Company LLC purchased a new stake in Sprouts Farmers Market during the first quarter for a value of $ 101,000.

Company Profile of Sprout Grower Market

Sprouts Farmers Markets, Inc. is committed to operating healthy grocery stores. The company specializes in fresh, natural and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, groceries, meat and seafood, cold meats, bakery, dairy, frozen foods, body care and natural household items.

See also: Intrinsic value

Analyst Recommendations for the Sprout Grower Market (NASDAQ: SFM)

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