Sprouts Farmers Mark (NASDAQ:SFM) shares traded -1.56% down during most recent session to reach at the closing price of $27.83. The stock exchanged hands 2.58 Million shares versus average trading capacity of 1.7 Million shares, yielding a market cap of $3.4 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $27.28 within the next 52-weeks. The mean target projections are based on 18 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sprouts Farmers Mark (NASDAQ:SFM) high price target of $40 and with a conservative view have low price target of $22.
UBS “Maintained” Sprouts Farmers Mark (NASDAQ:SFM) in a research note issued to investors on 9/10/18 to Buy with price target of $33.
Additionally on 8/08/18 Citigroup “Maintained” Sprouts Farmers Mark (NASDAQ:SFM) to Buy setting price target at $29 and on 8/06/18 BMO Capital “Maintained” the stock to Market Perform at $25. Furthermore on 8/03/18 UBS “Maintained” the stock to Buy at $28.
On the other hand the company has Relative Strength Index (RSI 14) of 66.98 along with Average True Range (ATR 14) of 0.72, Consequently Sprouts Farmers Mark (NASDAQ:SFM)’s weekly and monthly volatility is 3.10%, 2.47% respectively. The company’s beta value is at 0.81.
In terms of Buy, Sell or Hold recommendations, Sprouts Farmers Mark (NASDAQ:SFM) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Sprouts Farmers Mark (NASDAQ:SFM)’s minimum EPS for the current quarter is at $0.23 and can go high up to $0.27. The consensus mean EPS for the current quarter is at $0.26 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.23 earnings per share for the same quarter during last year.
Previously Sprouts Farmers Mark (NASDAQ:SFM) reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32 by $0. The company posted an earnings surprise of 0%.
Sprouts Farmers Mark (NASDAQ:SFM)’s revenue estimates for the current quarter are $1.33 Billion according to 16 number of analysts, for the current quarter the company has high revenue estimates of $1.34 Billion in contradiction of low revenue estimates of $1.32 Billion. For the current year the company’s revenue estimates are $5.21 Billion compared to low analyst estimates of $5.17 Billion and high estimates of $5.26 Billion according to 20 number of analysts.
Currently Sprouts Farmers Mark (NASDAQ:SFM)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 98.3%. However the six-month change in the insider ownership was recorded -46.89%, as well as three-month change in the institutional ownership was recorded -0.42%.
Sprouts Farmers Mark (NASDAQ:SFM)’s trailing twelve month revenues are $4.96 Billion, whereas its price to sales ratio for the same period is 0.69. Its book value per share for the most recent quarter is $4.65 while its price to book ratio for the same period is 5.98, as for as the company’s cash per share for the most recent quarter is $0.19, however its price to cash per share ratio for the same period is 146.73. The stock has 5 year expected PEG ratio of 1.57 whereas its trailing twelve month P/E ratio is 23.1.