Sprouts Farmers Market (SFM) to Release Quarterly Earnings on Thursday

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $1.96 billion for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Sprouts Farmers Market Trading Up 0.4 %

Shares of SFM stock traded up $0.75 during trading hours on Friday, reaching $177.12. The company's stock had a trading volume of 1,225,716 shares, compared to its average volume of 1,151,664. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 0.01. Sprouts Farmers Market has a one year low of $52.04 and a one year high of $178.46. The stock has a market capitalization of $17.71 billion, a P/E ratio of 51.19, a P/E/G ratio of 2.25 and a beta of 0.63. The firm's fifty day simple moving average is $146.10 and its 200 day simple moving average is $127.60.

Analyst Ratings Changes

A number of research analysts have issued reports on SFM shares. The Goldman Sachs Group boosted their price objective on shares of Sprouts Farmers Market from $127.00 to $159.00 and gave the company a "buy" rating in a research report on Friday, November 1st. Evercore ISI raised their target price 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. BMO Capital Markets raised their target price on shares of Sprouts Farmers Market from $102.00 to $140.00 and gave the stock a "market perform" rating in a research report on Thursday, October 31st. Wells Fargo & Company raised their target price on shares of Sprouts Farmers Market from $130.00 to $140.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 30th. Finally, StockNews.com raised shares of Sprouts Farmers Market from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $124.40.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joseph D. O'leary sold 350 shares of the firm's stock in a transaction dated 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 directly owns 17,991 shares in the company, valued at approximately $2,700,629.01. This trade represents a 1.91 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jack Sinclair sold 2,915 shares of the firm's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $167.54, for a total transaction of $488,379.10. Following the sale, the chief executive officer now owns 143,669 shares of the company's stock, valued at approximately $24,070,304.26. This represents a 1.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 42,614 shares of company stock valued at $6,323,731 in the last three months. Company insiders own 1.10% of the company's stock.

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.