Sprouts Farmers Market, Inc. (NASDAQ:SFM – Get Free Report) Director Kristen E. Blum offered 2,000 shares of the enterprise’s inventory in a transaction on Monday, August twenty sixth. The shares have been offered at a mean value of $100.00, for a complete transaction of $200,000.00. Following the sale, the director now owns 51,627 shares of the corporate’s inventory, valued at roughly $5,162,700. The sale was disclosed in a authorized submitting with the SEC, which is on the market at this hyperlink.
Sprouts Farmers Market Inventory Efficiency
Shares of NASDAQ SFM traded up $0.83 throughout buying and selling on Thursday, reaching $102.79. 60,551 shares of the inventory traded fingers, in comparison with its common quantity of 1,352,707. The corporate has a 50-day shifting common of $89.21 and a 200-day shifting common of $75.19. Sprouts Farmers Market, Inc. has a 52-week low of $38.46 and a 52-week excessive of $103.80. The inventory has a market capitalization of $10.33 billion, a P/E ratio of 35.16, a price-to-earnings-growth ratio of two.81 and a beta of 0.55. The corporate has a debt-to-equity ratio of 0.01, a present ratio of 1.03 and a fast ratio of 0.44.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) final posted its earnings outcomes on Monday, July twenty ninth. The corporate reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.16. The agency had income of $1.90 billion throughout the quarter, in comparison with the consensus estimate of $1.84 billion. Sprouts Farmers Market had a internet margin of 4.52% and a return on fairness of 27.53%. The corporate’s income was up 12.3% on a year-over-year foundation. Throughout the identical quarter final yr, the corporate earned $0.71 earnings per share. Analysts forecast that Sprouts Farmers Market, Inc. will put up 3.37 EPS for the present fiscal yr.
Analyst Upgrades and Downgrades
Plenty of equities analysis analysts lately weighed in on the inventory. Evercore ISI upped their goal value on shares of Sprouts Farmers Market from $84.00 to $96.00 and gave the inventory an “in-line” score in a report on Tuesday, July thirtieth. Roth Mkm lifted their goal value on Sprouts Farmers Market from $58.00 to $78.00 and gave the corporate a “impartial” score in a analysis report on Tuesday, July thirtieth. Deutsche Financial institution Aktiengesellschaft upped their value goal on Sprouts Farmers Market from $63.00 to $76.00 and gave the inventory a “maintain” score in a report on Monday, July twenty ninth. The Goldman Sachs Group elevated their goal value on shares of Sprouts Farmers Market from $89.00 to $111.00 and gave the corporate a “purchase” score in a report on Wednesday, July thirty first. Lastly, Financial institution of America boosted their value goal on shares of Sprouts Farmers Market from $84.00 to $100.00 and gave the inventory a “purchase” score in a report on Tuesday, July thirtieth. Eight funding analysts have rated the inventory with a maintain score and two have assigned a purchase score to the inventory. Primarily based on information from MarketBeat.com, Sprouts Farmers Market at the moment has a consensus score of “Maintain” and a consensus goal value of $93.38.
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Institutional Inflows and Outflows
Hedge funds have lately added to or decreased their stakes within the inventory. Worldwide Belongings Funding Administration LLC elevated its stake in Sprouts Farmers Market by 2,152.8% within the 4th quarter. Worldwide Belongings Funding Administration LLC now owns 65,670 shares of the corporate’s inventory value $3,159,000 after buying a further 62,755 shares over the last quarter. Cerity Companions LLC bought a brand new place in Sprouts Farmers Market within the 4th quarter value roughly $202,000. GAMMA Investing LLC purchased a brand new stake in Sprouts Farmers Market within the fourth quarter valued at roughly $43,000. Russell Investments Group Ltd. raised its stake in shares of Sprouts Farmers Market by 10.3% throughout the fourth quarter. Russell Investments Group Ltd. now owns 77,752 shares of the corporate’s inventory valued at $3,741,000 after buying a further 7,252 shares over the last quarter. Lastly, Van ECK Associates Corp lifted its holdings in Sprouts Farmers Market by 267.2% within the 4th quarter. Van ECK Associates Corp now owns 35,565 shares of the corporate’s inventory value $1,711,000 after shopping for a further 25,879 shares throughout the interval.
About Sprouts Farmers Market
Sprouts Farmers Market, Inc, along with its subsidiaries, engages within the retailing of contemporary, pure, and natural meals merchandise below the Sprouts model in the US. It provides perishable product classes, together with contemporary produce, meat and meat options, seafood, deli, bakery, floral, and dairy and dairy options; and non-perishable product classes, resembling grocery, nutritional vitamins and dietary supplements, bulk objects, frozen meals, beer and wine, and pure well being and physique care.
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