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

Sprouts Farmers Market (NASDAQ:SFM) released its earnings results on Thursday. The company reported $0.79 earnings per share 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

Sprouts Farmers Market stock opened at $169.80 on Friday. The business has a 50 day moving average of $148.20 and a 200-day moving average of $129.27. Sprouts Farmers Market has a 1 year low of $52.24 and a 1 year high of $178.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.13 and a quick ratio of 0.59. The company has a market capitalization of $16.98 billion, a P/E ratio of 49.08, a P/E/G ratio of 2.39 and a beta of 0.63.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SFM. BMO Capital Markets raised their target price on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. UBS Group lifted their price objective on shares of Sprouts Farmers Market from $132.00 to $195.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore ISI lifted their price objective on shares of Sprouts Farmers Market from $155.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. 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 report on Friday, November 1st. Finally, Bank of America lifted their price objective on shares of Sprouts Farmers Market from $165.00 to $185.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Sprouts Farmers Market presently has a consensus rating of “Hold” and a consensus price target of $134.50.

Insider Activity

In related news, Director Douglas Gregory Rauch sold 700 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $148.89, for a total value of $104,223.00. Following the sale, the director now directly owns 10,874 shares in the company, valued at $1,619,029.86. This represents a 6.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jack Sinclair sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $149.24, for a total value of $4,477,200.00. Following the completion of the sale, the chief executive officer now owns 163,862 shares in the company, valued at $24,454,764.88. The trade was a 15.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 42,614 shares of company stock valued at $6,323,731 over the last quarter. 1.10% of the stock is owned by company insiders.

About Sprouts Farmers Market

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.