Zacks Research Issues Pessimistic Outlook for SFM Earnings

by · The Cerbat Gem

Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) – Analysts at Zacks Research dropped their Q3 2026 earnings per share estimates for shares of Sprouts Farmers Market in a research note issued to investors on Wednesday, August 12th. Zacks Research analyst Team now anticipates that the company will earn $1.23 per share for the quarter, down from their prior estimate of $1.32. The consensus estimate for Sprouts Farmers Market’s current full-year earnings is $5.55 per share. Zacks Research also issued estimates for Sprouts Farmers Market’s Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $5.55 EPS, Q1 2027 earnings at $1.85 EPS, Q2 2027 earnings at $1.47 EPS, Q3 2027 earnings at $1.33 EPS, Q4 2027 earnings at $1.15 EPS, FY2027 earnings at $5.80 EPS, Q1 2028 earnings at $2.03 EPS, Q2 2028 earnings at $1.61 EPS and FY2028 earnings at $6.32 EPS.

Several other research analysts also recently commented on the stock. JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $80.00 to $103.00 in a research note on Thursday, July 30th. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a report on Friday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group boosted their price target on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $91.58.

Get Our Latest Stock Analysis on SFM

Sprouts Farmers Market Stock Up 2.0%

Shares of SFM opened at $86.07 on Thursday. The firm has a market cap of $8.03 billion, a P/E ratio of 16.49, a P/E/G ratio of 2.09 and a beta of 0.68. The stock has a 50 day simple moving average of $82.23 and a two-hundred day simple moving average of $78.58. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. Sprouts Farmers Market has a 1 year low of $64.75 and a 1 year high of $152.25.

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the company earned $1.35 EPS. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SFM. Connor Clark & Lunn Investment Management Ltd. bought a new position in Sprouts Farmers Market during the 2nd quarter valued at approximately $1,816,000. Pinnacle Holdings LLC purchased a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $42,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $131,310,000. Bank of Nova Scotia bought a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $18,293,000. Finally, Kendall Capital Management bought a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $800,000.

Insiders Place Their Bets

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $23,434,264. This represents a 3.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 55,692 shares of company stock valued at $4,776,971 over the last quarter. 1.30% of the stock is currently owned by company insiders.

About Sprouts Farmers Market

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Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.

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