Sprouts Farmers Market Inc. (NASDAQ:SFM) went down by -0.70% from its latest closing price compared to the recent 1-year high of $29.35. The company’s stock price has collected 0.08% of gains in the last five trading sessions. Barron’s reported 20 hours ago that Grocery Stocks Could Provide a Feast for Investors, Analyst Says
Is It Worth Investing in Sprouts Farmers Market Inc. (NASDAQ :SFM) Right Now?
Sprouts Farmers Market Inc. (NASDAQ:SFM) scored a price-to-earnings ratio above its average ratio, recording 10.91 x from its present earnings ratio. Plus, the 36-month beta value for SFM is at 0.24. Opinions of the stock are interesting as 5 analysts out of 21 who provided ratings for Sprouts Farmers Market Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 10 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $27.50, which is $1.8 above the current price. SFM currently public float of 117.73M and currently shorts hold a 17.12% ratio of that float. Today, the average trading volume of SFM was 2.28M shares.
SFM’s Market Performance
SFM stocks went up by 0.08% for the week, with a monthly drop of -6.89% and a quarterly performance of -4.93%, while its annual performance rate touched 0.35%. The volatility ratio for the week stands at 2.24% while the volatility levels for the past 30 days are set at 2.86% for Sprouts Farmers Market Inc.. The simple moving average for the period of the last 20 days is -1.44% for SFM stocks with a simple moving average of 9.54% for the last 200 days.
Analysts’ Opinion of SFM
Many brokerage firms have already submitted their reports for SFM stocks, with Goldman repeating the rating for SFM by listing it as a “Sell.” The predicted price for SFM in the upcoming period, according to Goldman is $18 based on the research report published on December 10th of the previous year 2020.
Jefferies, on the other hand, stated in their research note that they expect to see SFM reach a price target of $21. The rating they have provided for SFM stocks is “Hold” according to the report published on November 20th, 2020.
MKM Partners gave a rating of “Buy” to SFM, setting the target price at $37 in the report published on November 03rd of the previous year.
SFM Trading at -3.37% from the 50-Day Moving Average
After a stumble in the market that brought SFM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.54% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares sank -8.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.54% lower at present.
During the last 5 trading sessions, SFM rose by +0.08%, which changed the moving average for the period of 200-days by +21.31% in comparison to the 20-day moving average, which settled at $25.92. In addition, Sprouts Farmers Market Inc. saw 27.71% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SFM starting from Sinclair Jack, who sale 26,553 shares at the price of $26.17 back on Jun 25. After this action, Sinclair Jack now owns 218,587 shares of Sprouts Farmers Market Inc., valued at $694,892 using the latest closing price.
Phipps Gilliam, the SVP, Chief Marketing Officer of Sprouts Farmers Market Inc., sale 2,364 shares at $25.72 during a trade that took place back on May 13, which means that Phipps Gilliam is holding 27,042 shares at $60,802 based on the most recent closing price.
Stock Fundamentals for SFM
Current profitability levels for the company are sitting at:
- +6.05 for the present operating margin
- +34.86 for the gross margin
The net margin for Sprouts Farmers Market Inc. stands at +4.44. The total capital return value is set at 16.78, while invested capital returns managed to touch 13.00. Equity return is now at value 32.80, with 9.70 for asset returns.
Based on Sprouts Farmers Market Inc. (SFM), the company’s capital structure generated 166.43 points at debt to equity in total, while total debt to capital is 62.47. Total debt to assets is 46.56, with long-term debt to equity ratio resting at 150.91. Finally, the long-term debt to capital ratio is 56.64.
When we switch over and look at the enterprise to sales, we see a ratio of 0.57, with the company’s debt to enterprise value settled at 0.40. The receivables turnover for the company is 328.74 and the total asset turnover is 2.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.