A major move is in the offing as Sprouts Farmers Market Inc (SFM) market cap hits 15.70 billion

Sprouts Farmers Market Inc (NASDAQ: SFM) on Friday, soared 1.65% from the previous trading day, before settling in for the closing price of $151.97. Within the past 52 weeks, SFM’s price has moved between $41.27 and $154.55.

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Consumer Defensive Sector giant saw their annual sales surged by 5.81% over the last five years. The company achieved an average annual earnings per share of 29.91%. With a float of $99.45 million, this company’s outstanding shares have now reached $101.21 million.

The firm has a total of 32000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.9%, operating margin of 6.37%, and the pretax margin is 6.3%.

Sprouts Farmers Market Inc (SFM) Insider Activity

Observing investor behavior towards Grocery Stores industry stocks is more important than anything else. The insider ownership of Sprouts Farmers Market Inc is 0.54%, while institutional ownership is 101.04%. The most recent insider transaction that took place on Nov 04 ’24, was worth 657,464. In this transaction Chief Supply Chain Officer of this company sold 4,956 shares at a rate of $132.66, taking the stock ownership to the 11,184 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Director sold 11,500 for $132.84, making the entire transaction worth $1,527,680. This insider now owns 33,571 shares in total.

Sprouts Farmers Market Inc (SFM) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.49 earnings per share (EPS) for the period topping the consensus outlook (set at 0.45) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 29.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.97% during the next five years compared to 15.43% growth over the previous five years of trading.

Sprouts Farmers Market Inc (NASDAQ: SFM) Trading Performance Indicators

Sprouts Farmers Market Inc (SFM) is currently performing well based on its current performance indicators. A quick ratio of 0.59 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.12. Likewise, its price to free cash flow for the trailing twelve months is 44.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 4.20 in one year’s time.

Technical Analysis of Sprouts Farmers Market Inc (SFM)

Analysing the last 5-days average volume posted by the [Sprouts Farmers Market Inc, SFM], we can find that recorded value of 1.45 million was better than the volume posted last year of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 86.19%. Additionally, its Average True Range was 3.47.

During the past 100 days, Sprouts Farmers Market Inc’s (SFM) raw stochastic average was set at 98.45%, which indicates a significant increase from 92.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.63% in the past 14 days, which was lower than the 33.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $126.26, while its 200-day Moving Average is $90.41. Now, the first resistance to watch is $155.65. This is followed by the second major resistance level at $156.82. The third major resistance level sits at $158.00. If the price goes on to break the first support level at $153.30, it is likely to go to the next support level at $152.12. Should the price break the second support level, the third support level stands at $150.95.

Sprouts Farmers Market Inc (NASDAQ: SFM) Key Stats

Market capitalization of the company is 15.70 billion based on 99,991K outstanding shares. Right now, sales total 6,837 M and income totals 258,860 K. The company made 1,946 M in profit during its latest quarter, and 91,610 K in sales during its previous quarter.