Sprouts Farmers Market Inc. (NASDAQ: SFM) is 11.83% higher on its value in year-to-date trading and has touched a low of $23.56 and a high of $39.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SFM stock was last observed hovering at around $36.06 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $36.20, the stock is 0.30% and 4.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 0.39% at the moment leaves the stock 13.67% off its SMA200. SFM registered 53.26% gain for a year compared to 6-month gain of 10.94%. The firm has a 50-day simple moving average (SMA 50) of $0.75 and a 200-day simple moving average (SMA200) of $8.26.
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The stock witnessed a 8.22% loss in the last 1 month and extending the period to 3 months gives it a 15.40%, and is -0.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 2.89% over the month.
Sprouts Farmers Market Inc. (SFM) has around 31000 employees, a market worth around $3.67B and $6.50B in sales. Current P/E ratio is 15.59 and Fwd P/E is 13.09. Profit margin for the company is 3.80%. Distance from 52-week low is 53.65% and -9.48% from its 52-week high. The company has generated returns on investments over the last 12 months (20.70%).
Sprouts Farmers Market Inc. (SFM) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sprouts Farmers Market Inc. (SFM) is a “Underweight”. 18 analysts offering their recommendations for the stock have an average rating of 3.30, where 10 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 13.80% this year
Sprouts Farmers Market Inc. (SFM) Top Institutional Holders
The shares outstanding are 103.83M, and float is at 102.57M with Short Float at 17.63%.
Sprouts Farmers Market Inc. (SFM) Insider Activity
A total of 61 insider transactions have happened at Sprouts Farmers Market Inc. (SFM) in the last six months, with sales accounting for 32 and purchases happening 29 times. The most recent transaction is an insider sale by Coffin Kim, the company’s SVP, Chief Forager. SEC filings show that Coffin Kim sold 61,788 shares of the company’s common stock on May 10 at a price of $36.46 per share for a total of $2.25 million. Following the sale, the insider now owns 8165.0 shares.
Sprouts Farmers Market Inc. disclosed in a document filed with the SEC on May 05 that Molloy Lawrence (Chief Financial Officer) sold a total of 52,447 shares of the company’s common stock. The trade occurred on May 05 and was made at $36.70 per share for $1.92 million. Following the transaction, the insider now directly holds 0.19 million shares of the SFM stock.
Still, SEC filings show that on May 04, Lombardi Brandon F. (Chief Legal Officer) disposed off 9,000 shares at an average price of $36.12 for $0.33 million. The insider now directly holds 17,517 shares of Sprouts Farmers Market Inc. (SFM).
Sprouts Farmers Market Inc. (SFM): Who are the competitors?
The company’s main competitors (and peers) include Ingles Markets Incorporated (IMKTA) that is trading -4.15% down over the past 12 months and The Kroger Co. (KR) that is -1.31% lower over the same period. Natural Grocers by Vitamin Cottage Inc. (NGVC) is -30.80% down on the 1-year trading charts.