Sprouts Farmers Market Inc (NASDAQ: SFM) is 107.63% higher on its value in year-to-date trading and has touched a low of $36.21 and a high of $103.80 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 $95.88 in the last trading session, with the day’s gains setting it 4.01%.
Currently trading at $99.89, the stock is 19.32% and 23.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing 4.18% at the moment leaves the stock 64.26% off its SMA200. SFM registered 154.50% gain for a year compared to 6-month gain of 95.56%.
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The stock witnessed a 19.53% loss in the last 1 month and extending the period to 3 months gives it a 51.28%, and is 20.13% 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 4.87% over the week and 2.98% over the month.
Sprouts Farmers Market Inc (SFM) has around 32000 employees, a market worth around $10.00B and $7.19B in sales. Current P/E ratio is 31.36 and Fwd P/E is 27.01. Profit margin for the company is 4.52%. Distance from 52-week low is 175.86% and -3.77% from its 52-week high. The company has generated returns on investments over the last 12 months (11.77%).
The EPS is expected to grow by 18.16% this year
The shares outstanding are 101.21M, and float is at 99.47M with Short Float at 9.96%.
Sprouts Farmers Market Inc (SFM) Insider Activity
The most recent transaction is an insider sale by Sinclair Jack, the company’s Chief Executive Officer. SEC filings show that Sinclair Jack sold 5,714 shares of the company’s common stock on Jul 03 ’24 at a price of $82.31 per share for a total of $0.47 million. Following the sale, the insider now owns 0.24 million shares.
Sprouts Farmers Market Inc disclosed in a document filed with the SEC on Jul 02 ’24 that Sinclair Jack (Chief Executive Officer) sold a total of 5,714 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $83.38 per share for $0.48 million. Following the transaction, the insider now directly holds 0.25 million shares of the SFM stock.
Still, SEC filings show that on Jun 21 ’24, Sinclair Jack (Chief Executive Officer) disposed off 5,714 shares at an average price of $77.11 for $0.44 million. The insider now directly holds 251,002 shares of Sprouts Farmers Market Inc (SFM).
