In the last three months, 13 analysts have published ratings on Sprouts Farmers Market SFM, offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 8 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 2 | 0 | 6 | 0 | 0 |
Analysts have set 12-month price targets for Sprouts Farmers Market, revealing an average target of $101.23, a high estimate of $127.00, and a low estimate of $76.00. This upward trend is evident, with the current average reflecting a 29.04% increase from the previous average price target of $78.45.
Breaking Down Analyst Ratings: A Detailed Examination
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 |
|---|---|---|---|---|---|
| Kate McShane | Goldman Sachs | Raises | Buy | $127.00 | $111.00 |
| 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 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sprouts Farmers Market. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey 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.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Sprouts Farmers Market's market position. Stay informed and make data-driven 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.
Sprouts Farmers Market's Economic Impact: An Analysis
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
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. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sprouts Farmers Market's net margin is impressive, surpassing industry averages. With a net margin of 5.03%, the company demonstrates 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): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.77%, the company showcases effective utilization of assets.
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.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically 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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