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Key Takeaways From Sprouts Farmers Market Analyst Ratings

Author: Benzinga Insights | June 20, 2024 01:00pm

Ratings for Sprouts Farmers Market (NASDAQ:SFM) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

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 0 0 6 2 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 2 2 0
3M Ago 0 0 3 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $62.0, a high estimate of $75.00, and a low estimate of $40.00. Witnessing a positive shift, the current average has risen by 6.9% from the previous average price target of $58.00.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

A clear picture of Sprouts Farmers Market's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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
Michael Morris Evercore ISI Group Raises In-Line $75.00 $74.00
Michael Morris Evercore ISI Group Raises In-Line $70.00 $68.00
Krisztina Katai Deutsche Bank Raises Hold $63.00 $60.00
Kelly Bania BMO Capital Raises Underperform $40.00 $31.00
Edward Kelly Wells Fargo Raises Underweight $62.00 $48.00
Michael Morris Evercore ISI Group Lowers In-Line $61.00 $62.00
Michael Morris Evercore ISI Group Raises In-Line $63.00 $62.00
Michael Morris Evercore ISI Group Raises In-Line $62.00 $59.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sprouts Farmers Market. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sprouts Farmers Market compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Sprouts Farmers Market's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Sprouts Farmers Market's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Sprouts Farmers Market analyst ratings.

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.

Sprouts Farmers Market: Delving into Financials

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Growth: Over the 3 months period, Sprouts Farmers Market showcased positive performance, achieving a revenue growth rate of 8.68% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower 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 6.06%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 9.67%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.36%, the company showcases effective utilization of assets.

Debt Management: Sprouts Farmers Market's debt-to-equity ratio is below the industry average. With a ratio of 1.41, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

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.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: SFM