Sprouts Farmers (SFM) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Sprouts Farmers (SFM) closed at $165.97, marking a +2.54% change from the previous day, outperforming the S&P 500's daily loss of 0.22% [1] - The stock has seen a slight increase of 0.06% over the past month, while the Retail-Wholesale sector has declined by 0.39% and the S&P 500 has gained 0.45% [1] Upcoming Earnings - The upcoming EPS for Sprouts Farmers is projected at $1.23, indicating a 30.85% increase compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $2.17 billion, reflecting a 14.51% increase from the previous year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates forecast earnings of $5.08 per share and revenue of $8.77 billion, representing changes of +35.47% and +13.65% respectively compared to the previous year [3] - Recent changes to analyst estimates are important as they reflect evolving short-term business trends, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Sprouts Farmers is currently traded at a Forward P/E ratio of 31.88, which is a premium compared to the industry average Forward P/E of 19.51 [6] - The company has a PEG ratio of 1.88, compared to the industry average PEG ratio of 1.64 [7] Industry Context - The Food - Natural Foods Products industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 178, placing it in the bottom 28% of over 250 industries [8] - The Zacks Industry Rank assesses the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8] Analyst Ratings - Sprouts Farmers currently holds a Zacks Rank of 1 (Strong Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [5]