On January 24, 2023, Sprouts Farmers Market Inc. (NASDAQ: SFM) opened at $31.33, lower -1.59% from the last session. During the day, the shares moved up to $31.415 and dropped to $30.78 before settling in for the closing price of $31.39. Price fluctuations for SFM have ranged from $22.56 to $35.34 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 8.60% annually for the last half of the decade. Company’s average yearly earnings per share was noted -13.50% at the time writing. With a float of $103.62 million, this company’s outstanding shares have now reached $107.23 million.
In an organization with 31000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +34.21, operating margin of +5.55, and the pretax margin is +5.29.
Sprouts Farmers Market Inc. (SFM) Insider Updates
A key investor’s attitude towards the stock of the Grocery Stores industry is another important factor to consider. The most recent insider transaction that took place on Dec 05, was worth 2,902,616. In this transaction Chief Executive Officer of this company sold 85,953 shares at a rate of $33.77, taking the stock ownership to the 207,638 shares. Before that another transaction happened on Nov 16, when Company’s Chief Legal Officer sold 5,000 for $34.09, making the entire transaction worth $170,444. This insider now owns 28,150 shares in total.
Sprouts Farmers Market Inc. (SFM) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.57 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.51) by $0.06. This company achieved a net margin of +4.00 while generating a return on equity of 26.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.71% during the next five years compared to 20.40% growth over the previous five years of trading.
Sprouts Farmers Market Inc. (NASDAQ: SFM) Trading Performance Indicators
Check out the current performance indicators for Sprouts Farmers Market Inc. (SFM). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 12.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.29, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 2.40 in one year’s time.
Technical Analysis of Sprouts Farmers Market Inc. (SFM)
Let’s dig in a bit further. During the last 5-days, its volume was 1.11 million. That was inferior than the volume of 1.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.07%. Additionally, its Average True Range was 0.87.
During the past 100 days, Sprouts Farmers Market Inc.’s (SFM) raw stochastic average was set at 52.70%, which indicates a significant increase from 35.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.13% in the past 14 days, which was lower than the 39.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.84, while its 200-day Moving Average is $29.20. However, in the short run, Sprouts Farmers Market Inc.’s stock first resistance to watch stands at $31.28. Second resistance stands at $31.66. The third major resistance level sits at $31.91. If the price goes on to break the first support level at $30.64, it is likely to go to the next support level at $30.39. Assuming the price breaks the second support level, the third support level stands at $30.01.
Sprouts Farmers Market Inc. (NASDAQ: SFM) Key Stats
There are currently 105,852K shares outstanding in the company with a market cap of 3.16 billion. Presently, the company’s annual sales total 6,100 M according to its annual income of 244,160 K. Last quarter, the company’s sales amounted to 1,591 M and its income totaled 65,740 K.