Sprouts Farmers Market Inc (SFM) concluded trading on Thursday at a closing price of $128.43, with 4.31 million shares of worth about $554.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 78.37% during that period and on October 31, 2024 the price saw a gain of about 8.07%. Currently the company’s common shares owned by public are about 101.21M shares, out of which, 99.56M shares are available for trading.
Stock saw a price change of 8.12% in past 5 days and over the past one month there was a price change of 16.03%. Year-to-date (YTD), SFM shares are showing a performance of 166.95% which increased to 205.64% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $39.76 but also hit the highest price of $121.01 during that period. The average intraday trading volume for Sprouts Farmers Market Inc shares is 1.21 million. The stock is currently trading 9.52% above its 20-day simple moving average (SMA20), while that difference is up 17.39% for SMA50 and it goes to 58.30% higher than SMA200.
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Sprouts Farmers Market Inc (NASDAQ: SFM) currently have 101.21M outstanding shares and institutions hold larger chunk of about 103.49% of that.
The stock has a current market capitalization of $12.86B and its 3Y-monthly beta is at 0.56. PE ratio of stock for trailing 12 months is 40.32, while it has posted earnings per share of $3.19 in the same period. Its PEG reads 3.14 and has Quick Ratio of 0.44 while making debt-to-equity ratio of 1.28. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SFM, volatility over the week remained 2.54% while standing at 1.99% over the month.
Stock’s fiscal year EPS is expected to rise by 27.11% while it is estimated to increase by 14.22% in next year. EPS is likely to shrink at an annualized rate of 12.82% for next 5-years, compared to annual growth of 15.43% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on September 16, 2024 offering an Outperform rating for the stock and assigned a target price range of between $96 and $120 to it. Coverage by RBC Capital Mkts stated Sprouts Farmers Market Inc (SFM) stock as a Sector perform in their note to investors on September 12, 2024, suggesting a price target of $107 for the stock. On July 30, 2024, Wells Fargo Upgrade their recommendations, while on July 30, 2024, BMO Capital Markets Upgrade their ratings for the stock with a price target of $102. Stock get a Buy rating from BofA Securities on February 27, 2024.
