Sprouts Farmers Market found using ticker (SFM) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 39 and 21 calculating the average target price we see 28.47. Given that the stocks previous close was at 31.25 this would indicate that there is a downside of -8.9%. The day 50 moving average is 29.5 and the 200 moving average now moves to 26.23. The company has a market cap of $3,541m. Company Website: https://www.sprouts.com
The potential market cap would be $3,226m based on the market concensus.
Sprouts Farmers Market offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, luding fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market was founded in 2002 and is headquartered in Phoenix, Arizona.
