Key Points
- Insider sale: Director John Scott Neal sold 17,471 shares at an average of $85.20 on Dec. 3 (≈$1.49M), reducing his stake by 55.2% to 14,178 shares valued at about $1.21M.
- Recent results & guidance: Sprouts reported $1.22 EPS (vs. $1.17 est.) and revenue of $2.20B (up 13.1% YoY but slightly below estimates) and provided FY2025 EPS guidance of 5.240–5.280 and Q4 guidance of 0.860–0.900.
- Market sentiment & ownership: Analysts rate Sprouts a "Moderate Buy" with an average target of $137.86, while several large institutions (e.g., Bank of America, Marshall Wace, Invesco, Voloridge) markedly increased their positions.
Sprouts Farmers Market, Inc. (NASDAQ:SFM - Get Free Report) insider John Scott Neal sold 17,471 shares of the business's stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total value of $1,488,529.20. Following the completion of the sale, the insider owned 14,178 shares in the company, valued at $1,207,965.60. This represents a 55.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Sprouts Farmers Market Stock Performance
Shares of Sprouts Farmers Market stock opened at $85.54 on Friday. The business has a 50-day moving average of $93.54 and a 200 day moving average of $132.20. Sprouts Farmers Market, Inc. has a 12 month low of $75.75 and a 12 month high of $182.00. The stock has a market capitalization of $8.33 billion, a price-to-earnings ratio of 16.55, a price-to-earnings-growth ratio of 0.98 and a beta of 0.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53.
Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. The company had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.23 billion. Sprouts Farmers Market had a net margin of 5.93% and a return on equity of 38.03%. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. As a group, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.
Sprouts Farmers Market announced that its board has authorized a share repurchase program on Tuesday, August 19th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its position in Sprouts Farmers Market by 137.0% during the second quarter. Bank of America Corp DE now owns 2,584,923 shares of the company's stock valued at $425,582,000 after purchasing an additional 1,494,014 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Sprouts Farmers Market by 12.3% during the 2nd quarter. Marshall Wace LLP now owns 2,314,665 shares of the company's stock valued at $381,086,000 after buying an additional 252,699 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Sprouts Farmers Market by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,217,900 shares of the company's stock valued at $338,481,000 after acquiring an additional 15,930 shares in the last quarter. Invesco Ltd. increased its stake in shares of Sprouts Farmers Market by 52.8% in the second quarter. Invesco Ltd. now owns 2,131,607 shares of the company's stock worth $350,948,000 after acquiring an additional 737,008 shares during the last quarter. Finally, Voloridge Investment Management LLC increased its stake in shares of Sprouts Farmers Market by 652.7% in the third quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company's stock worth $153,544,000 after acquiring an additional 1,223,753 shares during the last quarter.
Analysts Set New Price Targets
Several brokerages have recently issued reports on SFM. UBS Group set a $108.00 price objective on Sprouts Farmers Market in a research note on Thursday, October 30th. Barclays reduced their price target on Sprouts Farmers Market from $185.00 to $122.00 and set an "overweight" rating on the stock in a research report on Thursday, October 30th. Royal Bank Of Canada lowered their price objective on Sprouts Farmers Market from $148.00 to $140.00 and set an "outperform" rating for the company in a research report on Thursday, October 30th. The Goldman Sachs Group cut their target price on shares of Sprouts Farmers Market from $178.00 to $152.00 and set a "buy" rating on the stock in a research note on Thursday, October 30th. Finally, Wells Fargo & Company decreased their price target on shares of Sprouts Farmers Market from $180.00 to $135.00 and set an "overweight" rating for the company in a research note on Thursday, October 30th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Sprouts Farmers Market presently has an average rating of "Moderate Buy" and an average target price of $137.86.
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About Sprouts Farmers Market
(
Get Free Report)
Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
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