Across the recent three months, 16 analysts have shared their insights on Sprouts Farmers Market SFM, expressing a variety of opinions spanning 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 | 4 | 1 | 11 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 2 | 0 | 6 | 0 | 0 |
| 3M Ago | 1 | 0 | 3 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $95.56, with a high estimate of $120.00 and a low estimate of $76.00. This upward trend is evident, with the current average reflecting a 27.41% increase from the previous average price target of $75.00.
Interpreting Analyst Ratings: A Closer Look
In examining recent analyst actions, we gain insights into how financial experts perceive Sprouts Farmers Market. The following summary 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 |
|---|---|---|---|---|---|
| Karen Short | Melius Research | Announces | Hold | $105.00 | - |
| Michael Morris | Evercore ISI Group | Raises | Outperform | $120.00 | $96.00 |
| Steven Shemesh | RBC Capital | Announces | Sector Perform | $107.00 | - |
| Robert Ohmes | B of A Securities | Raises | Buy | $115.00 | $100.00 |
| 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 |
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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Sprouts Farmers Market compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Sprouts Farmers Market's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
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.
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.
Sprouts Farmers Market's Financial Performance
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Sprouts Farmers Market's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 11.89%. This signifies 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: Sprouts Farmers Market's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 5.03%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Sprouts Farmers Market's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.68% ROE, the company effectively utilizes shareholder equity capital.
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: With a below-average debt-to-equity ratio of 1.28, Sprouts Farmers Market adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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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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