Throughout the last three months, 15 analysts have evaluated Sprouts Farmers Market SFM, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 0 | 12 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 2 | 0 | 8 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts have recently evaluated Sprouts Farmers Market and provided 12-month price targets. The average target is $86.0, accompanied by a high estimate of $111.00 and a low estimate of $63.00. This current average reflects an increase of 22.16% from the previous average price target of $70.40.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of Sprouts Farmers Market's perception among financial experts is painted 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 |
|---|---|---|---|---|---|
| Kate McShane | Goldman Sachs | Raises | Buy | $111.00 | $89.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $96.00 | $84.00 |
| Krisztina Katai | Deutsche Bank | Raises | Hold | $89.00 | $76.00 |
| Bill Kirk | Roth MKM | Raises | Neutral | $78.00 | $58.00 |
| Kelly Bania | BMO Capital | Raises | Market Perform | $102.00 | $40.00 |
| Robert Ohmes | B of A Securities | Raises | Buy | $100.00 | $84.00 |
| Edward Kelly | Wells Fargo | Raises | Equal-Weight | $90.00 | $62.00 |
| Krisztina Katai | Deutsche Bank | Raises | Hold | $76.00 | $63.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $80.00 | $77.00 |
| Kate McShane | Goldman Sachs | Raises | Buy | $89.00 | $78.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $77.00 | $75.00 |
| Mark Carden | UBS | Raises | Neutral | $94.00 | $68.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $75.00 | $74.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $70.00 | $68.00 |
| Krisztina Katai | Deutsche Bank | Raises | Hold | $63.00 | $60.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Sprouts Farmers Market. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sprouts Farmers Market compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Sprouts Farmers Market's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Sprouts Farmers Market analyst ratings.
Unveiling the Story Behind Sprouts Farmers Market
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.
Key Indicators: Sprouts Farmers Market's Financial Health
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Sprouts Farmers Market's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 11.89%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.03%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sprouts Farmers Market's ROE stands out, surpassing industry averages. With an impressive ROE of 7.68%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Sprouts Farmers Market's ROA excels beyond industry benchmarks, reaching 2.77%. This signifies efficient management of assets and strong financial health.
Debt Management: Sprouts Farmers Market's debt-to-equity ratio is below the industry average at 1.28, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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