Sprouts Farmers Market (NASDAQ:SFM) will be issuing its quarterly earnings data before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.14 per share for the quarter.
Sprouts Farmers Market (NASDAQ:SFM) opened at $27.02 on Monday. The stock has a market cap of $3,600.00, a P/E ratio of 27.86, a P/E/G ratio of 1.91 and a beta of 0.80. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. Sprouts Farmers Market has a 1-year low of $17.38 and a 1-year high of $28.29.
In other news, Director Shon A. Boney sold 17,221 shares of the business’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $26.71, for a total value of $459,972.91. Following the sale, the director now owns 18,591 shares of the company’s stock, valued at $496,565.61. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Shon A. Boney sold 5,902 shares of the business’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $28.00, for a total transaction of $165,256.00. Following the completion of the sale, the director now directly owns 7,272 shares in the company, valued at approximately $203,616. The disclosure for this sale can be found here. In the last three months, insiders sold 1,651,481 shares of company stock worth $42,706,303. 2.60% of the stock is currently owned by insiders.
A number of research analysts have weighed in on SFM shares. Jefferies Group cut their price target on shares of Sprouts Farmers Market from $26.00 to $19.00 and set a “hold” rating on the stock in a research note on Monday, October 30th. Loop Capital cut their price target on shares of Sprouts Farmers Market from $25.00 to $24.00 and set a “hold” rating on the stock in a research note on Friday, November 3rd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $32.00 price target on shares of Sprouts Farmers Market in a research note on Thursday. Stephens set a $27.00 price target on shares of Sprouts Farmers Market and gave the company a “hold” rating in a research note on Wednesday, January 17th. Finally, Zacks Investment Research raised shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Saturday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Sprouts Farmers Market currently has a consensus rating of “Buy” and a consensus price target of $26.33.
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Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.
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