Analyst Research Summary: Sprouts Farmers Market, Inc. (NASDAQ:SFM)

Sprouts Farmers Market, Inc. (NASDAQ:SFM) stock is presently standing at about $17.94 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 16 analysts covering the company is $23.00, which suggests the stock could still rise over 22 percent. The highest analyst price target is $30.00, which implies a rally of 33 percent. And a quick view of analyst notes show that 7 are rating the stock a buy while 5 rate SFM a strong buy. There are 9 equity research firms advocating a Hold and 0 consider it Sell.

Goldman analysts provided their view on Sprouts Farmers Market, Inc. (NASDAQ:SFM) recently. The rating firm issued a Neutral rating to this company in a research note released on Jan 19, 2017. Jefferies analysts disclosed their opinion on Sprouts Farmers Market, Inc. (NASDAQ:SFM) recently. The rating firm gave a Buy rating to this stock in a research note published on Sep 30, 2016. According to a research note disclosed on Aug 08, 2016, analysts at Northcoast have lowered their rating on these shares from Buy to Neutral.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director Sanders James Douglas sold 45,000 company shares for 846000, in a transaction on 2017-02-16. Following the transaction, the Director is left with a stake of 55,310 shares, currently valued at $992261. Meanwhile, Director Sanders James Douglas sold 45,000 shares worth $826650, through a transaction dated 2017-02-09. Following the completion of the transaction, the insider is left with a stake of 55,310 shares, amounting $992261.4. SFM Director Sanders James Douglas also sold 45,000 shares, at a stock price of $18.62. This transaction occurred on 2017-02-02 totals $837900. After this transaction, the insider’s stake stands at 55,310 shares, with a market value of $992261.

Executives hold 0.49 percent of the stock. Mr. Amin N. Maredia is one of the biggest insider owners in Sprouts Farmers Market, Inc. (NASDAQ:SFM), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 292,936 shares which have current market value of around $5255271.84.George G. Golleher is another major inside shareholder in the company. The insider owns 205,000 shares as of 0.15%, currently worth $3677700. Mr. James L. Nielsen is ranked as third insider holder of the stock. This insider holds 97,108 shares with a market value around $1742117.52 as of recent close.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Earnings Outlook

In Sprouts Farmers Market, Inc. (NASDAQ:SFM)’s latest quarter, EPS moved to $0.12 from $0.16 in preceding quarter and revenues reached at $985.70M compared to $1,035.80M. Analysts had expected Sprouts Farmers Market, Inc. (NASDAQ:SFM) to post net income of about $0.13 per share on $974.59M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.24 to $0.32. That is compared with the $0.30 in EPS it reported during the same period a year ago.