Sprouts Farmers Market (NASDAQ:SFM) is set to announce its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.14 per share for the quarter.
Shares of Sprouts Farmers Market (NASDAQ SFM) opened at $27.02 on Tuesday. The firm has a market capitalization of $3,600.00, a P/E ratio of 27.86, a P/E/G ratio of 1.91 and a beta of 0.80. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.23 and a current ratio of 1.00. Sprouts Farmers Market has a fifty-two week low of $17.38 and a fifty-two week high of $28.29.
Several brokerages have weighed in on SFM. Gordon Haskett raised Sprouts Farmers Market from an “accumulate” rating to a “buy” rating and set a $27.00 price objective for the company in a report on Wednesday, January 31st. Stephens set a $27.00 price objective on Sprouts Farmers Market and gave the stock a “hold” rating in a research report on Wednesday, January 17th. Royal Bank of Canada set a $28.00 price objective on Sprouts Farmers Market and gave the stock a “buy” rating in a research report on Monday, October 30th. BMO Capital Markets boosted their price objective on Sprouts Farmers Market from $20.00 to $22.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. Finally, Zacks Investment Research upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Saturday, November 4th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Sprouts Farmers Market presently has an average rating of “Buy” and an average target price of $26.33.
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About Sprouts Farmers Market
Sprouts Farmers Market, Inc is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers’ interest in health and wellness.
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