Stock To Watch: Sprouts Farmers Market, Inc. (NASDAQ:SFM)


The leading market experts have placed a mean price target of $28.82 on Sprouts Farmers Market, Inc. (NASDAQ:SFM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.17 a share for the upcoming quarter and $0.94 for the current fiscal.

Technical View

The technical analysis of Sprouts Farmers Market, Inc. plainly substantiates that the 50-day moving average of Sprouts Farmers Market, Inc. is $22.97, and stock is trading $-0.23 points away or -1.00% from its 50-day moving average of $22.97. Further it is trading $-2.53 or -10.01% away its 200-day moving average of $25.27. Sprouts Farmers Market, Inc. (NASDAQ:SFM) 52-week high is $30.00 and the 52-week low is $19.75.

This explains if the stock moves $-7.26, it will post a 52-week high. In event of +15.14% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Sprouts Farmers Market, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Sprouts Farmers Market, Inc. (NASDAQ:SFM) ratio came in at 24.24.

The stock last ended the trading session at $22.74 and registered a market cap of $3.38B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Sprouts Farmers Market, Inc. (NASDAQ:SFM) PEG ratio is at 1.57.

1 Chart Pattern Every Investor Should Know

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