Sprouts Farmers Market SFM underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 0 | 4 | 2 | 0 |
| Last 30D | 0 | 0 | 0 | 2 | 0 |
| 1M Ago | 0 | 0 | 2 | 0 | 0 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Sprouts Farmers Market, presenting an average target of $58.12, a high estimate of $71.00, and a low estimate of $40.00. This upward trend is evident, with the current average reflecting a 12.03% increase from the previous average price target of $51.88.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Sprouts Farmers Market is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| 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 |
| 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: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sprouts Farmers Market. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sprouts Farmers Market compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sprouts Farmers Market's stock. This examination reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Sprouts Farmers Market's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Sprouts Farmers Market analyst ratings.
Delving into Sprouts Farmers Market's Background
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. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
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): Sprouts Farmers Market's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.42% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Sprouts Farmers Market's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.51% ROA, the company effectively utilizes its assets for optimal returns.
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.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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