In the preceding three months, 5 analysts have released ratings for Sprouts Farmers Market SFM, presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 0 | 3 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 2 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $56.8, with a high estimate of $71.00 and a low estimate of $45.00. Observing a 12.7% increase, the current average has risen from the previous average price target of $50.40.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Sprouts Farmers Market among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Morris | Evercore ISI Group | Raises | In-Line | $62.00 | $59.00 |
Kate McShane | Goldman Sachs | Raises | Buy | $71.00 | $56.00 |
Kate McShane | Goldman Sachs | Raises | Buy | $56.00 | $49.00 |
Michael Morris | Evercore ISI Group | Raises | In-Line | $50.00 | $48.00 |
Michael Morris | Evercore ISI Group | Raises | In-Line | $45.00 | $40.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sprouts Farmers Market. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sprouts Farmers Market compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Sprouts Farmers Market's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sprouts Farmers Market's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Sprouts Farmers Market analyst ratings.
Get to Know Sprouts Farmers Market Better
Sprouts Farmers Market Inc offers a unique specialty grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspire wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The company continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based, and gluten-free. It approximately has 407 stores in 23 states. It is one of the largest and fastest-growing specialty retailers of fresh, natural and organic food in the United States.
Breaking Down Sprouts Farmers Market's Financial Performance
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Sprouts Farmers Market's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 7.74%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Staples sector.
Net Margin: Sprouts Farmers Market's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 2.95%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Sprouts Farmers Market's ROE stands out, surpassing industry averages. With an impressive ROE of 4.42%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.51%, the company showcases effective utilization of assets.
Debt Management: Sprouts Farmers Market's debt-to-equity ratio is below the industry average. With a ratio of 1.45, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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