Sprouts Farmers Market Inc [SFM] stock is trading at $62.32, down -0.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SFM shares have lost -1.87% over the last week, with a monthly amount drifted -1.28%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Sprouts Farmers Market Inc [NASDAQ: SFM] stock has seen the most recent analyst activity on February 27, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $70 from $30. Previously, Evercore ISI upgraded its rating to In-line on January 04, 2024, and elevated its price target to $45. On December 12, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $49 on the stock. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $42 on July 25, 2023. Evercore ISI initiated its recommendation with a Underperform and recommended $29 as its price target on April 20, 2023. In a note dated November 17, 2022, Northcoast downgraded an Neutral rating on this stock.
Sprouts Farmers Market Inc [SFM] stock has fluctuated between $32.12 and $65.53 over the past year. Currently, Wall Street analysts expect the stock to reach $37.02 within the next 12 months. Sprouts Farmers Market Inc [NASDAQ: SFM] shares were valued at $62.32 at the most recent close of the market. An investor can expect a potential drop of -40.6% based on the average SFM price forecast.
Analyzing the SFM fundamentals
Sprouts Farmers Market Inc [NASDAQ:SFM] reported sales of 6.84B for the trailing twelve months, which represents a growth of 7.74%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.24 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.90 points at the first support level, and at 61.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.08, and for the 2nd resistance point, it is at 63.84.
Ratios To Look Out For
For context, Sprouts Farmers Market Inc’s Current Ratio is 1.10. Further, the Quick Ratio stands at 0.51, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 5.49 and price to earnings (TTM) ratio is 24.91.
Transactions by insiders
Recent insider trading involved Konat Nicholas, President & COO, that happened on Mar 22 ’24 when 31846.0 shares were sold. Chief Human Resources Officer, Zalatoris Timmi completed a deal on Mar 20 ’24 to sell 5353.0 shares. Meanwhile, Chief Executive Officer Sinclair Jack sold 10564.0 shares on Mar 18 ’24.
