Sprouts Farmers Market Inc (NASDAQ: SFM) is 55.04% higher on its value in year-to-date trading and has touched a low of $32.12 and a high of $75.95 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 $74.66 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $74.59, the stock is 11.37% and 15.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing -0.09% at the moment leaves the stock 50.69% off its SMA200. SFM registered 105.71% gain for a year compared to 6-month gain of 83.31%.
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The stock witnessed a 16.57% loss in the last 1 month and extending the period to 3 months gives it a 46.95%, and is 3.60% up 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 2.39% over the week and 2.61% over the month.
Sprouts Farmers Market Inc (SFM) has around 32000 employees, a market worth around $7.49B and $6.99B in sales. Current P/E ratio is 25.77 and Fwd P/E is 22.37. Profit margin for the company is 4.25%. Distance from 52-week low is 132.22% and -1.79% from its 52-week high. The company has generated returns on investments over the last 12 months (10.66%).
The EPS is expected to grow by 9.11% this year
The shares outstanding are 101.21M, and float is at 99.87M with Short Float at 13.70%.
Sprouts Farmers Market Inc (SFM) Insider Activity
The most recent transaction is an insider sale by Konat Nicholas, the company’s President & COO. SEC filings show that Konat Nicholas sold 31,000 shares of the company’s common stock on May 08 ’24 at a price of $74.14 per share for a total of $2.3 million. Following the sale, the insider now owns 51495.0 shares.
Sprouts Farmers Market Inc disclosed in a document filed with the SEC on May 06 ’24 that Lombardi Brandon F. (Chief Legal Officer) sold a total of 5,174 shares of the company’s common stock. The trade occurred on May 06 ’24 and was made at $74.97 per share for $0.39 million. Following the transaction, the insider now directly holds 6052.0 shares of the SFM stock.
Still, SEC filings show that on May 06 ’24, Coffin Kim (SVP, Chief Forager) disposed off 1,322 shares at an average price of $75.05 for $99212.0. The insider now directly holds 5,500 shares of Sprouts Farmers Market Inc (SFM).
