Sprouts Farmers Market Inc (NASDAQ:SFM) Sentiment Up in Q4 2017

May 18, 2018 - By Larry Park

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Logo

Sentiment for Sprouts Farmers Market Inc (NASDAQ:SFM)

Sprouts Farmers Market Inc (NASDAQ:SFM) institutional sentiment increased to 1.29 in 2017 Q4. Its up 0.21, from 1.08 in 2017Q3. The ratio has increased, as 144 hedge funds opened new or increased positions, while 112 sold and trimmed holdings in Sprouts Farmers Market Inc. The hedge funds in our partner’s database now possess: 116.33 million shares, down from 117.51 million shares in 2017Q3. Also, the number of hedge funds holding Sprouts Farmers Market Inc in their top 10 positions increased from 0 to 1 for an increase of 1. Sold All: 27 Reduced: 85 Increased: 88 New Position: 56.

Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food in the United States. The company has market cap of $2.94 billion. The companyÂ’s stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli products, baked goods, dairy and dairy alternatives, frozen foods, body care and natural household items, and beer and wine. It has a 19.39 P/E ratio. As of May 04, 2017, it operated 260 stores in 15 states.

The stock decreased 0.22% or $0.05 during the last trading session, reaching $22.3. About 990,013 shares traded. Sprouts Farmers Market, Inc. (NASDAQ:SFM) has risen 3.50% since May 18, 2017 and is uptrending. It has underperformed by 8.05% the S&P500.

Analysts await Sprouts Farmers Market, Inc. (NASDAQ:SFM) to report earnings on August, 2. They expect $0.33 EPS, up 13.79 % or $0.04 from last year’s $0.29 per share. SFM’s profit will be $43.51 million for 16.89 P/E if the $0.33 EPS becomes a reality. After $0.50 actual EPS reported by Sprouts Farmers Market, Inc. for the previous quarter, Wall Street now forecasts -34.00 % negative EPS growth.

Lapides Asset Management Llc holds 3.73% of its portfolio in Sprouts Farmers Market, Inc. for 707,000 shares. Davidson Investment Advisors owns 903,298 shares or 2.28% of their US portfolio. Moreover, Farr Miller & Washington Llc Dc has 1.96% invested in the company for 899,735 shares. The Ontario – Canada-based Agf Investments America Inc. has invested 1.66% in the stock. Hhr Asset Management Llc, a New Jersey-based fund reported 1.17 million shares.

Since January 1, 0001, it had 0 buys, and 19 sales for $47.04 million activity.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Ratings Coverage

Ratings analysis reveals 50% of Sprouts Farmers Market’s analysts are positive. Out of 16 Wall Street analysts rating Sprouts Farmers Market, 8 give it “Buy”, 0 “Sell” rating, while 8 recommend “Hold”. The lowest target is $23 while the high is $32.0. The stock’s average target of $26.81 is 20.22% above today’s ($22.3) share price. SFM was included in 25 notes of analysts from November 20, 2017. Oppenheimer maintained the stock with “Buy” rating in Tuesday, February 6 report. The firm has “Buy” rating given on Tuesday, February 27 by Northcoast. The firm has “Buy” rating by Citigroup given on Tuesday, February 27. The firm has “Buy” rating by Gordon Haskett given on Wednesday, January 31. On Wednesday, January 10 the stock rating was maintained by Stephens with “Hold”. The firm earned “Buy” rating on Friday, February 2 by RBC Capital Markets. Stephens maintained the stock with “Hold” rating in Tuesday, January 16 report. The stock has “Buy” rating by Northcoast on Monday, November 20. Susquehanna maintained Sprouts Farmers Market, Inc. (NASDAQ:SFM) rating on Thursday, January 11. Susquehanna has “Buy” rating and $30.0 target. The stock of Sprouts Farmers Market, Inc. (NASDAQ:SFM) has “Hold” rating given on Thursday, May 3 by Gordon Haskett Capital Corporation.

More notable recent Sprouts Farmers Market, Inc. (NASDAQ:SFM) news were published by: Seekingalpha.com which released: “Sprouts Farmers Market reeling after soft guidance” on May 03, 2018, also Streetinsider.com with their article: “Instacart faces new challenge with Kroger/Ocado tie-up” published on May 17, 2018, Bizjournals.com published: “Walmart’s online grocery delivery to launch in Houston” on May 14, 2018. More interesting news about Sprouts Farmers Market, Inc. (NASDAQ:SFM) were released by: Streetinsider.com and their article: “Einhorn’s Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more…) – 13F” published on May 15, 2018 as well as Bizjournals.com‘s news article titled: “Sprouts ends Amazon Prime Now delivery partnership” with publication date: May 04, 2018.

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Institutional Positions Chart

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