Sprouts Farmers Market
About: Sprouts Farmers Market Inc offers a unique specialty grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspire wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The company continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based, and gluten-free. It approximately has 407 stores in 23 states. It is one of the largest and fastest-growing specialty retailers of fresh, natural and organic food in the United States.
Employees: 31,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
185% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 39
24% more capital invested
Capital invested by funds: $8.86B [Q2] → $11B (+$2.1B) [Q3]
12% more funds holding
Funds holding: 528 [Q2] → 592 (+64) [Q3]
8% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 14 (+1) [Q3]
6.12% less ownership
Funds ownership: 105.41% [Q2] → 99.28% (-6.12%) [Q3]
31% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 252
42% less call options, than puts
Call options by funds: $72M | Put options by funds: $123M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Evercore ISI Group Michael Morris 68% 1-year accuracy 19 / 28 met price target | 15%upside $160 | Outperform Maintained | 3 Dec 2024 |
Goldman Sachs Kate McShane 64% 1-year accuracy 25 / 39 met price target | 14%upside $159 | Buy Maintained | 1 Nov 2024 |
Wells Fargo Edward Kelly 58% 1-year accuracy 19 / 33 met price target | 7%downside $130 | Equal-Weight Maintained | 31 Oct 2024 |
BMO Capital Kelly Bania 79% 1-year accuracy 19 / 24 met price target | 1%upside $140 | Market Perform Maintained | 31 Oct 2024 |
B of A Securities Robert Ohmes 74% 1-year accuracy 14 / 19 met price target | 3%downside $135 | Buy Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 7 articles about SFM published over the past 30 days
