Sprouts Farmers Market (NASDAQ:SFM) Issues Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Sprouts Farmers Market (NASDAQ:SFM) posted its quarterly earnings results on Thursday. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07, Zacks reports. Sprouts Farmers Market had a return on equity of 28.24% and a net margin of 4.73%. 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 Price Performance

Sprouts Farmers Market stock traded down $6.17 on Thursday, reaching $169.80. The company’s stock had a trading volume of 2,299,440 shares, compared to its average volume of 1,338,073. Sprouts Farmers Market has a twelve month low of $52.24 and a twelve month high of $178.99. The business’s fifty day moving average price is $147.79 and its 200 day moving average price is $128.99. The company has a market cap of $16.98 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 2.08 and a beta of 0.63. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13.

Analyst Ratings Changes

SFM has been the topic of a number of analyst reports. StockNews.com upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Wednesday, January 15th. UBS Group boosted their price objective on shares of Sprouts Farmers Market from $132.00 to $195.00 and gave the stock a “neutral” rating in a report on Wednesday. Bank of America raised their price target on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Evercore ISI raised their price objective on Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, The Goldman Sachs Group increased their price target on Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $134.50.

Insiders Place Their Bets

In other news, Director Douglas Gregory Rauch sold 700 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $148.89, for a total transaction 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 $1,619,029.86. This trade represents a 6.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph D. O’leary sold 350 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $150.11, for a total transaction of $52,538.50. Following the completion of the sale, the director now directly owns 17,991 shares in the company, valued at approximately $2,700,629.01. The trade was a 1.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 42,614 shares of company stock valued at $6,323,731. 1.10% of the stock is currently owned by corporate insiders.

About Sprouts Farmers Market

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.