Sprouts Farmers Market Inc (SFM) Stock: A Value Analysis

The price-to-earnings ratio for Sprouts Farmers Market Inc (NASDAQ: SFM) is 25.29x, which is above its average ratio. Moreover, the 36-month beta value for SFM is 0.50. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 6 as “overweight,” 9 as “hold,” and 1 as “sell.”

The public float for SFM is 100.46M and currently, short sellers hold a 14.52% of that float. On April 04, 2024, SFM’s average trading volume was 1.32M shares.

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SFM) stock’s latest price update

Sprouts Farmers Market Inc (NASDAQ: SFM) has seen a decline in its stock price by -0.80 in relation to its previous close of 63.80. However, the company has experienced a -0.97% decline in its stock price over the last five trading sessions. Business Wire reported 2024-04-03 that PHOENIX–(BUSINESS WIRE)–Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced it will issue financial results for the first quarter ended March 31, 2024, after the market closes on May 1, 2024. Following the release, Sprouts’ management will conduct a conference call at 5:00 p.m. ET to discuss the results for the quarter. A webcast of the conference call will be available at investors.sprouts.com. Participants should register on the website approximately ten minutes prior to the start of.

SFM’s Market Performance

SFM’s stock has fallen by -0.97% in the past week, with a monthly drop of -0.46% and a quarterly rise of 29.06%. The volatility ratio for the week is 1.70% while the volatility levels for the last 30 days are 2.09% for Sprouts Farmers Market Inc The simple moving average for the last 20 days is 0.08% for SFM stock, with a simple moving average of 38.54% for the last 200 days.

Analysts’ Opinion of SFM

Many brokerage firms have already submitted their reports for SFM stocks, with BofA Securities repeating the rating for SFM by listing it as a “Buy.” The predicted price for SFM in the upcoming period, according to BofA Securities is $70 based on the research report published on February 27, 2024 of the current year 2024.

Evercore ISI, on the other hand, stated in their research note that they expect to see SFM reach a price target of $45, previously predicting the price at $40. The rating they have provided for SFM stocks is “In-line” according to the report published on January 04th, 2024.

Goldman gave a rating of “Buy” to SFM, setting the target price at $49 in the report published on December 12th of the previous year.

SFM Trading at 9.97% 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 -3.42% of loss for the given period.

Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +0.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.37% upper at present.

During the last 5 trading sessions, SFM fell by -0.97%, which changed the moving average for the period of 200-days by +81.82% in comparison to the 20-day moving average, which settled at $63.26. In addition, Sprouts Farmers Market Inc saw 31.55% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SFM starting from Konat Nicholas, who sale 31,846 shares at the price of $62.13 back on Mar 22 ’24. After this action, Konat Nicholas now owns 82,495 shares of Sprouts Farmers Market Inc, valued at $1,978,592 using the latest closing price.

Zalatoris Timmi, the Chief Human Resources Officer of Sprouts Farmers Market Inc, sale 5,353 shares at $61.62 during a trade that took place back on Mar 20 ’24, which means that Zalatoris Timmi is holding 10,895 shares at $329,852 based on the most recent closing price.

Stock Fundamentals for SFM

Current profitability levels for the company are sitting at:

  • 0.05 for the present operating margin
  • 0.37 for the gross margin

The net margin for Sprouts Farmers Market Inc stands at 0.04. The total capital return value is set at 0.13. Equity return is now at value 23.59, with 7.21 for asset returns.

Based on Sprouts Farmers Market Inc (SFM), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 1.45. The interest coverage ratio of the stock is 35.81.

Currently, EBITDA for the company is 660.67 million with net debt to EBITDA at 2.22. When we switch over and look at the enterprise to sales, we see a ratio of 1.15. The receivables turnover for the company is 126.92for trailing twelve months and the total asset turnover is 2.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.

Conclusion

To wrap up, the performance of Sprouts Farmers Market Inc (SFM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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