Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Sprouts Farmers Market SFM in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 2 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $60.5, a high estimate of $71.00, and a low estimate of $50.00. Marking an increase of 8.04%, the current average surpasses the previous average price target of $56.00.
Analyzing Analyst Ratings: A Detailed Breakdown
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 |
|---|---|---|---|---|---|
| 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 |
| Kate McShane | Goldman Sachs | Raises | Buy | $71.00 | $56.00 |
| Kate McShane | Goldman Sachs | Raises | Buy | $56.00 | $49.00 |
| Michael Morris | Evercore ISI Group | Raises | In-Line | $50.00 | $48.00 |
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: Gaining insights, analysts provide 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: Gaining insights, analysts provide estimates for the future value of Sprouts Farmers Market's stock. This comparison reveals trends in analysts' expectations over time.
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.
Breaking Down Sprouts Farmers Market's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Sprouts Farmers Market's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.74% as of 31 December, 2023, showcasing a substantial increase in 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 2.95%, 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 4.42%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Sprouts Farmers Market's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.51%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 1.45, Sprouts Farmers Market adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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.
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