In the last three months, 14 analysts have published ratings on Sprouts Farmers Market SFM, offering a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 0 | 10 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 0 | 7 | 0 | 0 |
| 3M Ago | 0 | 0 | 3 | 0 | 0 |
Analysts have set 12-month price targets for Sprouts Farmers Market, revealing an average target of $90.86, a high estimate of $115.00, and a low estimate of $75.00. Surpassing the previous average price target of $73.43, the current average has increased by 23.74%.
Decoding Analyst Ratings: A Detailed Look
The perception of Sprouts Farmers Market by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $75.00 | $74.00 |
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: 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.
All You Need to Know About 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.
A Deep Dive into Sprouts Farmers Market's Financials
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 displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 11.89%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the 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 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 surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.77% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Sprouts Farmers Market's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.28.
The Significance of Analyst Ratings Explained
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.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
