4 hours Ago By Defense World Staff
Sprouts Farmers Market ( NASDAQ:SFM – Free Report ) had its price target boosted by Wells Fargo & Company from $130.00 to $140.00 in a research report sent to investors on Thursday, Benzinga reports.
They currently have an equal weight rating on the stock. Several other analysts have also commented on SFM. StockNews.
com upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Bank of America raised their price target on Sprouts Farmers Market from $115.00 to $135.
00 and gave the stock a “buy” rating in a research report on Friday, October 25th. BMO Capital Markets increased their price objective on Sprouts Farmers Market from $102.00 to $140.
00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. Evercore ISI boosted their target price on shares of Sprouts Farmers Market from $155.00 to $160.
00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. Finally, The Goldman Sachs Group raised their price target on shares of Sprouts Farmers Market from $127.00 to $159.
00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $119.
40. Read Our Latest Stock Analysis on SFM Sprouts Farmers Market Trading Up 1.3 % Sprouts Farmers Market ( NASDAQ:SFM – Get Free Report ) last issued its earnings results on Wednesday, October 30th.
The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.
14. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.
88 billion. Sprouts Farmers Market had a net margin of 4.73% and a return on equity of 28.
24%. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year.
During the same period last year, the company posted $0.65 earnings per share. As a group, sell-side analysts anticipate that Sprouts Farmers Market will post 3.
68 earnings per share for the current fiscal year. Insider Buying and Selling In other news, insider Joseph L. Hurley sold 4,956 shares of the firm’s stock in a transaction that occurred on Monday, November 4th.
The shares were sold at an average price of $132.66, for a total transaction of $657,462.96.
Following the completion of the sale, the insider now owns 11,184 shares of the company’s stock, valued at approximately $1,483,669.44. This trade represents a 30.
71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, CEO Jack Sinclair sold 5,714 shares of the firm’s stock in a transaction on Monday, November 4th.
The stock was sold at an average price of $132.60, for a total transaction of $757,676.40.
Following the transaction, the chief executive officer now directly owns 199,576 shares of the company’s stock, valued at approximately $26,463,777.60. This represents a 2.
78 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 61,869 shares of company stock valued at $8,778,152 in the last quarter.
Company insiders own 1.10% of the company’s stock. Institutional Trading of Sprouts Farmers Market Several institutional investors have recently added to or reduced their stakes in SFM.
Wesbanco Bank Inc. lifted its holdings in shares of Sprouts Farmers Market by 0.3% in the 4th quarter.
Wesbanco Bank Inc. now owns 28,659 shares of the company’s stock worth $3,642,000 after purchasing an additional 77 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of Sprouts Farmers Market by 1.
2% during the fourth quarter. Greenleaf Trust now owns 6,715 shares of the company’s stock valued at $853,000 after acquiring an additional 80 shares during the period. Foundations Investment Advisors LLC grew its position in shares of Sprouts Farmers Market by 1.
4% during the fourth quarter. Foundations Investment Advisors LLC now owns 6,649 shares of the company’s stock worth $845,000 after acquiring an additional 90 shares during the last quarter. Ballentine Partners LLC increased its holdings in shares of Sprouts Farmers Market by 2.
6% in the 4th quarter. Ballentine Partners LLC now owns 3,849 shares of the company’s stock worth $489,000 after acquiring an additional 96 shares during the period. Finally, CIBC Asset Management Inc lifted its position in Sprouts Farmers Market by 3.
6% in the 3rd quarter. CIBC Asset Management Inc now owns 2,917 shares of the company’s stock valued at $322,000 after purchasing an additional 101 shares during the last quarter. Sprouts Farmers Market Company Profile ( Get Free Report ) 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. Read More Five stocks we like better than Sprouts Farmers Market Best Aerospace Stocks Investing ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains The Role Economic Reports Play in a Successful Investment Strategy Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead Consumer Staples Stocks, Explained Beyond Self-Driving Cars: Factory Automation Takes Center Stage Receive News & Ratings for Sprouts Farmers Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprouts Farmers Market and related companies with MarketBeat.com's FREE daily email newsletter .
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