Sprouts Farmers Market Inc (NASDAQ: SFM) is 103.51% higher on its value in year-to-date trading and has touched a low of $37.88 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 $98.16 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $97.91, the stock is 3.61% and 13.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -0.25% at the moment leaves the stock 50.91% off its SMA200. SFM registered 149.96% gain for a year compared to 6-month gain of 86.03%.
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The stock witnessed a 16.75% loss in the last 1 month and extending the period to 3 months gives it a 24.85%, and is 2.44% 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 2.19% over the week and 3.17% over the month.
Sprouts Farmers Market Inc (SFM) has around 32000 employees, a market worth around $9.80B and $7.19B in sales. Current P/E ratio is 30.74 and Fwd P/E is 26.55. Profit margin for the company is 4.52%. Distance from 52-week low is 158.44% and -5.67% 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 18.72% this year
717.0 institutions hold shares in Sprouts Farmers Market Inc (SFM), with institutional investors hold 109.86% of the company’s shares. The shares outstanding are 101.21M, and float is at 99.42M with Short Float at 9.55%. Institutions hold 109.31% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.41 million shares valued at $800.14 million. The investor’s holdings represent 12.2777 of the SFM Shares outstanding. As of 2024-03-31, the second largest holder is FMR LLC with 11.81 million shares valued at $761.29 million to account for 11.6815 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.72 million shares representing 10.6024 and valued at over $690.97 million, while STATE STREET CORP holds 3.8087 of the shares totaling 3.85 million with a market value of $248.21 million.
Sprouts Farmers Market Inc (SFM) Insider Activity
Sprouts Farmers Market Inc disclosed in a document filed with the SEC on Aug 13 ’24 that O’Leary Joseph D (Director) sold a total of 6,316 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $95.53 per share for $0.6 million. Following the transaction, the insider now directly holds 18341.0 shares of the SFM stock.
Still, SEC filings show that on Aug 12 ’24, Avula Hari K. (Director) disposed off 2,500 shares at an average price of $96.50 for $0.24 million. The insider now directly holds 10,554 shares of Sprouts Farmers Market Inc (SFM).
