Sprouts Farmers Market (NASDAQ:SFM) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Sprouts Farmers Market (NASDAQ:SFM) issued its earnings results on Thursday. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07, Zacks reports. Sprouts Farmers Market had a net margin of 4.73% and a return on equity of 28.24%. Sprouts Farmers Market updated its FY 2025 guidance to 4.520-4.680 EPS and its Q1 2025 guidance to 1.510-1.550 EPS.

Sprouts Farmers Market Stock Performance

Shares of SFM stock opened at $169.80 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.59 and a current ratio of 1.13. The company has a market capitalization of $16.98 billion, a P/E ratio of 49.08, a price-to-earnings-growth ratio of 2.39 and a beta of 0.63. The company’s 50 day moving average price is $148.20 and its two-hundred day moving average price is $129.27. Sprouts Farmers Market has a 52 week low of $52.24 and a 52 week high of $178.99.

Insiders Place Their Bets

In other news, CEO Jack Sinclair sold 2,935 shares of Sprouts Farmers Market stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $138.74, for a total value of $407,201.90. Following the sale, the chief executive officer now directly owns 149,499 shares in the company, valued at $20,741,491.26. This trade represents a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph D. O’leary sold 350 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $150.11, for a total transaction of $52,538.50. Following the completion of the sale, the director now owns 17,991 shares in the company, valued at $2,700,629.01. This trade represents a 1.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,614 shares of company stock worth $6,323,731. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on SFM shares. Bank of America raised their target price on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Evercore ISI raised their target price on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. BMO Capital Markets lifted their price objective on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Wells Fargo & Company lifted their price objective on shares of Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Finally, The Goldman Sachs Group lifted their price objective on shares of Sprouts Farmers Market from $127.00 to $159.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $134.50.

Sprouts Farmers Market Company Profile

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.