Sprouts Farmers Market (NASDAQ:SFM) will be announcing its earnings results before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Sprouts Farmers Market has set its FY19 guidance at $1.18-1.24 EPS.
Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Thursday, May 2nd. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.06. Sprouts Farmers Market had a return on equity of 26.41% and a net margin of 2.78%. The business had revenue of $413.90 million for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the company posted $0.50 earnings per share. Sprouts Farmers Market’s revenue was down 67.8% on a year-over-year basis. On average, analysts expect Sprouts Farmers Market to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
SFM opened at $17.30 on Wednesday. Sprouts Farmers Market has a 52-week low of $16.66 and a 52-week high of $29.67. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 1.81 and a beta of 0.43. The company has a quick ratio of 0.20, a current ratio of 0.88 and a debt-to-equity ratio of 2.84. The stock’s 50-day moving average is $18.78.
Several analysts recently issued reports on SFM shares. Deutsche Bank lowered RIGHTMOVE PLC/ADR from a “buy” rating to a “hold” rating in a report on Monday, April 29th. Bank of America started coverage on HUYA in a report on Wednesday, May 29th. They set a “buy” rating and a $26.00 target price on the stock. Wells Fargo & Co dropped their target price on Sprouts Farmers Market from $23.00 to $20.00 and set a “positive” rating on the stock in a report on Friday, June 21st. CIBC reiterated an “average” rating and set a $55.00 target price on shares of Fortis in a report on Tuesday, July 23rd. Finally, ValuEngine upgraded Zumiez from a “sell” rating to a “hold” rating in a research note on Saturday, June 22nd. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $25.51.
Sprouts Farmers Market Company Profile
Sprouts Farmers Market, Inc, a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, beer and wine, natural body care and household items.
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