Sprouts Farmers Market, Inc. (NASDAQ:SFM) registered a 2.11% increase, still its new closing price is 5.01% up from the company’s 1 year high of 30.00.It posted -2.18% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 21 stock analysts following this company have an average price target at $23.38, with individual PT in the $17.00-$30.00 range. The shares moved at $18.86, implying that brokerage firms see shares losing about -20.49% in twelve months time.
Sprouts Farmers Market, Inc. (SFM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.32% fall year to date. A Director at Sprouts Farmers Market, Inc. (SFM) offloaded shares in a transaction closed on Thursday January 26, 2017. Sanders James Douglas sold 45,000 shares in the company at $19.38 each and collected $872,000 in proceeds. Sanders James Douglas now owns 55,310 shares in the company after this transaction. A Director in the company, Sanders James Douglas, disclosed a transaction on Thursday January 19, 2017 that ended up generating $898,001 from the sale of 45,000 shares at $19.97 per share.
Sprouts Farmers Market, Inc. (NASDAQ:SFM) Upcoming Results on Tap
Sprouts Farmers Market, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.26 in that period. Sales during the quarter are predicted to arrive at $1.13 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.04 billion in revenue and EPS of $0.16. The mean forecast was for $1.01 billion and $0.17 a share, respectively. One quarter earlier, revenue for the stock was at $1.03 billion, with earnings at $0.25/share.
Sprouts Farmers Market, Inc. (SFM) Brokerage Update
Sprouts Farmers Market, Inc. (SFM) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Goldman, according to news reported on Thursday January 19, 2017.Another important research note was issued by Jefferies on Friday September 30, 2016.The firm upgraded SFM to Buy from Hold. Over the last six months and over the last three months, the shares of Sprouts Farmers Market, Inc. (SFM), have changed -18.88% and -14.58%, respectively.