Sprouts Farmers Market Inc (NASDAQ: SFM) is 192.79% higher on its value in year-to-date trading and has touched a low of $39.98 and a high of $136.23 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 $136.09 in the last trading session, with the day’s gains setting it 4.77%.
Currently trading at $140.86, the stock is 15.97% and 25.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 3.51% at the moment leaves the stock 70.14% off its SMA200. SFM registered 246.18% gain for a year compared to 6-month gain of 88.67%. The firm has a 50-day simple moving average (SMA 50) of $111.464 and a 200-day simple moving average (SMA200) of $82.344.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 22.37% loss in the last 1 month and extending the period to 3 months gives it a 46.85%, and is 18.53% 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 3.73% over the week and 2.22% over the month.
Sprouts Farmers Market Inc (SFM) has around 32000 employees, a market worth around $14.08B and $7.42B in sales. Current P/E ratio is 40.75 and Fwd P/E is 33.57. Profit margin for the company is 4.73%. Distance from 52-week low is 252.33% and 3.40% from its 52-week high. The company has generated returns on investments over the last 12 months (12.24%).
The EPS is expected to grow by 29.07% this year
750.0 institutions hold shares in Sprouts Farmers Market Inc (SFM), with institutional investors hold 108.85% of the company’s shares. The shares outstanding are 101.21M, and float is at 99.43M with Short Float at 9.95%. Institutions hold 108.33% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.98 million shares valued at $1.09 billion. The investor’s holdings represent 12.9219 of the SFM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.56 million shares valued at $883.5 million to account for 10.5122 of the shares outstanding. The other top investors are FMR LLC which holds 6.67 million shares representing 6.6439 and valued at over $558.39 million, while RENAISSANCE TECHNOLOGIES LLC holds 4.4178 of the shares totaling 4.44 million with a market value of $371.3 million.
Sprouts Farmers Market Inc (SFM) Insider Activity
The most recent transaction is an insider sale by Hurley Joseph L, the company’s Chief Supply Chain Officer. SEC filings show that Hurley Joseph L sold 4,956 shares of the company’s common stock on Nov 04 ’24 at a price of $132.66 per share for a total of $0.66 million. Following the sale, the insider now owns 11184.0 shares.
Sprouts Farmers Market Inc disclosed in a document filed with the SEC on Nov 04 ’24 that Fortunato Joe (Director) sold a total of 11,500 shares of the company’s common stock. The trade occurred on Nov 04 ’24 and was made at $132.84 per share for $1.53 million. Following the transaction, the insider now directly holds 33571.0 shares of the SFM stock.
Still, SEC filings show that on Nov 05 ’24, Sinclair Jack (Chief Executive Officer) disposed off 5,714 shares at an average price of $135.33 for $0.77 million. The insider now directly holds 193,862 shares of Sprouts Farmers Market Inc (SFM).
