Sprouts Farmers Mark (NASDAQ:SFM) shares traded 0.13% up during most recent session to reach at the closing price of $22.31. The stock exchanged hands 1.31 Million shares versus average trading capacity of 1.64 Million shares, yielding a market cap of $2.86 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $24.97 within the next 52-weeks. The mean target projections are based on 17 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 $31 and with a conservative view have low price target of $21.
Buckingham “Initiates Coverage On” Sprouts Farmers Mark (NASDAQ:SFM) in a research note issued to investors on 2/08/19 to Neutral with price target of $0.
Additionally on 11/30/18 Bank of America “Downgrades” Sprouts Farmers Mark (NASDAQ:SFM) to Underperform setting price target at $21 and on 9/24/18 Wells Fargo “Downgrades” the stock to Market Perform at $0. Furthermore on 9/21/18 Oppenheimer “Maintained” the stock to Outperform at $31.
On the other hand the company has Relative Strength Index (RSI 14) of 36.74 along with Average True Range (ATR 14) of 0.57, Consequently Sprouts Farmers Mark (NASDAQ:SFM)’s weekly and monthly volatility is 2.18%, 2.70% respectively. The company’s beta value is at 0.5.
In terms of Buy, Sell or Hold recommendations, Sprouts Farmers Mark (NASDAQ:SFM) has analysts’ mean recommendation of 2.8. 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 $0.4 and can go high up to $0.43. The consensus mean EPS for the current quarter is at $0.42 derived from a total of 19 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.5 earnings per share for the same quarter during last year.
Previously Sprouts Farmers Mark (NASDAQ:SFM) reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. The company posted an earnings surprise of 5.6%.
Sprouts Farmers Mark (NASDAQ:SFM)’s revenue estimates for the current quarter are $1.42 Billion according to 15 number of analysts, for the current quarter the company has high revenue estimates of $1.42 Billion in contradiction of low revenue estimates of $1.4 Billion. For the current year the company’s revenue estimates are $5.73 Billion compared to low analyst estimates of $5.67 Billion and high estimates of $5.76 Billion according to 21 number of analysts.
Currently Sprouts Farmers Mark (NASDAQ:SFM)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -17.46%, as well as three-month change in the institutional ownership was recorded 3.72%.
Sprouts Farmers Mark (NASDAQ:SFM)’s trailing twelve month revenues are $5.21 Billion, whereas its price to sales ratio for the same period is 0.55. Its book value per share for the most recent quarter is $4.57 while its price to book ratio for the same period is 4.88, as for as the company’s cash per share for the most recent quarter is $0.01, however its price to cash per share ratio for the same period is 1788.7. The stock has 5 year expected PEG ratio of 2 whereas its trailing twelve month P/E ratio is 18.26.