Sprouts Farmers Market (SFM) to Release Earnings on Thursday

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) is anticipated to release its Q4 2024 earnings data after the market closes on Thursday, February 20th. Analysts expect Sprouts Farmers Market to post earnings of $0.72 per share and revenue of $1.96 billion for the quarter. Sprouts Farmers Market has set its FY 2025 guidance at 4.520-4.680 EPS and its Q1 2025 guidance at 1.510-1.550 EPS.Persons that are interested in registering for the company's earnings conference call can do so using this link.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Sprouts Farmers Market had a net margin of 4.73% and a return on equity of 28.24%. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.96 billion. On average, analysts expect Sprouts Farmers Market to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Sprouts Farmers Market Stock Performance

SFM traded down $26.48 during trading on Friday, reaching $143.32. 5,662,898 shares of the company's stock were exchanged, compared to its average volume of 1,466,105. Sprouts Farmers Market has a 1 year low of $52.57 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 stock has a market capitalization of $14.33 billion, a P/E ratio of 41.42, a price-to-earnings-growth ratio of 2.39 and a beta of 0.63. The company's fifty day simple moving average is $148.20 and its 200-day simple moving average is $129.27.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 2,915 shares of Sprouts Farmers Market stock in a transaction on 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 $24,070,304.26. The trade was a 1.99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph D. O'leary sold 350 shares of Sprouts Farmers Market stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $150.11, for a total transaction of $52,538.50. Following 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 42,614 shares of company stock valued at $6,323,731. 1.10% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on SFM. BMO Capital Markets raised their price target on shares of Sprouts Farmers Market from $140.00 to $180.00 and gave the stock a "market perform" rating in a research report on Friday. The Goldman Sachs Group raised their price objective on shares of Sprouts Farmers Market from $174.00 to $200.00 and gave the stock a "buy" rating in a research note on Friday. Wells Fargo & Company raised their price objective on shares of Sprouts Farmers Market from $140.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Friday. UBS Group raised 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 note on Wednesday. Finally, Roth Mkm raised their price objective on shares of Sprouts Farmers Market from $105.00 to $146.00 and gave the stock a "neutral" rating in a research note on Friday. Eight research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $152.40.

Sprouts Farmers Market Company Profile

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.