The price-to-earnings ratio for Sprouts Farmers Market Inc (NASDAQ: SFM) is above average at 36.62x, Company’s 36-month beta value is 0.56.Analysts have differing 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 99.56M, and currently, short sellers hold a 9.61% ratio of that floaft. The average trading volume of SFM on October 18, 2024 was 1.31M 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 -0.22 in relation to its previous close of 116.91. However, the company has experienced a 3.29% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-14 that In the most recent trading session, Sprouts Farmers (SFM) closed at $115.32, indicating a -0.69% shift from the previous trading day.
SFM’s Market Performance
Sprouts Farmers Market Inc (SFM) has seen a 3.29% rise in stock performance for the week, with a 11.24% gain in the past month and a 42.22% surge in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 2.06% for SFM. The simple moving average for the past 20 days is 4.03% for SFM’s stock, with a 50.26% simple moving average for the past 200 days.
Analysts’ Opinion of SFM
Many brokerage firms have already submitted their reports for SFM stocks, with Evercore ISI repeating the rating for SFM by listing it as a “Outperform.” The predicted price for SFM in the upcoming period, according to Evercore ISI is $120 based on the research report published on September 16, 2024 of the current year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see SFM reach a price target of $107. The rating they have provided for SFM stocks is “Sector Perform” according to the report published on September 12th, 2024.
Wells Fargo gave a rating of “Equal Weight” to SFM, setting the target price at $90 in the report published on July 30th of the current year.
SFM Trading at 11.18% 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 -1.13% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares surge +10.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.87% upper at present.
During the last 5 trading sessions, SFM rose by +3.29%, which changed the moving average for the period of 200-days by +137.87% in comparison to the 20-day moving average, which settled at $112.13. In addition, Sprouts Farmers Market Inc saw 142.47% 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 Hamilton Dustin, who sale 921 shares at the price of $113.60 back on Oct 11 ’24. After this action, Hamilton Dustin now owns 25,251 shares of Sprouts Farmers Market Inc, valued at $104,626 using the latest closing price.
Dustin Hamilton, the Officer of Sprouts Farmers Market Inc, proposed sale 723 shares at $112.00 during a trade that took place back on Oct 11 ’24, which means that Dustin Hamilton is holding shares at $80,976 based on the most recent closing price.
Stock Fundamentals for SFM
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.36 for the gross margin
The net margin for Sprouts Farmers Market Inc stands at 0.05. The total capital return value is set at 0.15. Equity return is now at value 27.70, with 9.81 for asset returns.
Based on Sprouts Farmers Market Inc (SFM), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 1.28. The interest coverage ratio of the stock is 45.39.
Currently, EBITDA for the company is 660.67 million with net debt to EBITDA at 2.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 229.09for trailing twelve months and the total asset turnover is 2.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
In a nutshell, Sprouts Farmers Market Inc (SFM) has experienced a better performance in recent times. The stock has received mixed “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.
