Sprouts Farmers Market, Inc. (SFM) is Attracting Investor Attention: Here is What You Should Know
Sprouts Farmers MarketSprouts Farmers Market(US:SFM) zacks.com·2024-05-16 14:06

Core Viewpoint - Sprouts Farmers (SFM) has shown significant stock performance recently, with a return of +23.1% over the past month, outperforming the Zacks S&P 500 composite's +5% and the Zacks Food - Natural Foods Products industry's +11.3% [2] Earnings Estimates - The expected earnings for Sprouts Farmers for the current quarter is $0.77 per share, reflecting a year-over-year increase of +8.5%, with a recent change of +6.7% in the Zacks Consensus Estimate [5] - The consensus earnings estimate for the current fiscal year is $3.11, indicating a year-over-year change of +9.5%, with a +5.6% change over the last 30 days [5] - For the next fiscal year, the consensus earnings estimate is $3.36, representing an +8% change from the previous year, with a +5.3% change recently [6] Revenue Growth - The consensus sales estimate for the current quarter is $1.82 billion, indicating a year-over-year change of +7.8% [10] - For the current and next fiscal years, the sales estimates are $7.39 billion and $7.97 billion, reflecting changes of +8% and +7.9%, respectively [10] Recent Performance - In the last reported quarter, Sprouts Farmers achieved revenues of $1.88 billion, a year-over-year increase of +8.7%, and an EPS of $1.12 compared to $0.98 a year ago [11] - The company has consistently beaten consensus EPS and revenue estimates over the last four quarters [12] Valuation - Sprouts Farmers is graded C in terms of valuation, indicating it is trading at par with its peers [17] - The Zacks Rank 1 (Strong Buy) suggests that the stock may outperform the broader market in the near term [7][18]

Sprouts Farmers Market, Inc. (SFM) is Attracting Investor Attention: Here is What You Should Know - Reportify