Sprouts Farmers Market (SFM) Scheduled to Post Earnings on Thursday

Sprouts Farmers Market (NASDAQ:SFM) will post its quarterly earnings results before the market opens on Thursday, November 1st. Analysts expect Sprouts Farmers Market to post earnings of $0.26 per share for the quarter.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Thursday, August 2nd. The company reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Sprouts Farmers Market had a return on equity of 25.56% and a net margin of 3.62%. The company’s revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 EPS. On average, analysts expect Sprouts Farmers Market to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ SFM opened at $27.62 on Wednesday. The firm has a market cap of $3.43 billion, a PE ratio of 27.35, a PEG ratio of 1.72 and a beta of 0.82. The company has a current ratio of 1.04, a quick ratio of 0.25 and a debt-to-equity ratio of 0.96. Sprouts Farmers Market has a 1-year low of $18.34 and a 1-year high of $29.67.



In other Sprouts Farmers Market news, COO Dan J. Sanders sold 19,929 shares of the stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $28.91, for a total value of $576,147.39. Following the completion of the sale, the chief operating officer now owns 610,846 shares in the company, valued at approximately $17,659,557.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Brandon F. Lombardi sold 45,000 shares of the stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $24.34, for a total value of $1,095,300.00. Following the completion of the sale, the insider now owns 88,581 shares of the company’s stock, valued at approximately $2,156,061.54. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 116,929 shares of company stock worth $3,137,967. 1.80% of the stock is owned by insiders.

Several equities analysts have recently weighed in on the company. Morgan Stanley set a $26.00 price target on Sprouts Farmers Market and gave the company a “hold” rating in a report on Monday, October 22nd. Zacks Investment Research raised Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Monday, October 8th. Wells Fargo & Co cut Sprouts Farmers Market from an “outperform” rating to a “market perform” rating and set a $26.00 target price on the stock. in a report on Monday, September 24th. Oppenheimer raised their target price on Sprouts Farmers Market from $25.00 to $31.00 and gave the stock an “outperform” rating in a report on Friday, September 21st. Finally, BidaskClub cut Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Friday, September 21st. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company. Sprouts Farmers Market presently has a consensus rating of “Hold” and a consensus target price of $27.22.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc, a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, meat and seafood, deli and baked goods, packaged groceries, vitamins and supplements, bulk foods, dairy and dairy alternatives, frozen foods, beer and wine, and natural body care and household items.

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Earnings History for Sprouts Farmers Market (NASDAQ:SFM)

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