We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Sprouts Farmers (SFM) Outperforms Broader Market: What You Need to Know
Read MoreHide Full Article
Sprouts Farmers (SFM - Free Report) closed the latest trading day at $140.20, indicating a +0.91% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.
The natural and organic food retailer's stock has dropped by 5.85% in the past month, falling short of the Retail-Wholesale sector's loss of 4.61% and the S&P 500's loss of 2.7%.
Analysts and investors alike will be keeping a close eye on the performance of Sprouts Farmers in its upcoming earnings disclosure. In that report, analysts expect Sprouts Farmers to post earnings of $0.71 per share. This would mark year-over-year growth of 44.9%. Simultaneously, our latest consensus estimate expects the revenue to be $1.95 billion, showing a 14.84% escalation compared to the year-ago quarter.
Any recent changes to analyst estimates for Sprouts Farmers should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Sprouts Farmers presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Sprouts Farmers is currently trading at a Forward P/E ratio of 33.3. Its industry sports an average Forward P/E of 18.1, so one might conclude that Sprouts Farmers is trading at a premium comparatively.
We can also see that SFM currently has a PEG ratio of 1.85. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Food - Natural Foods Products industry had an average PEG ratio of 1.39.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 19, putting it in the top 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Sprouts Farmers (SFM) Outperforms Broader Market: What You Need to Know
Sprouts Farmers (SFM - Free Report) closed the latest trading day at $140.20, indicating a +0.91% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.
The natural and organic food retailer's stock has dropped by 5.85% in the past month, falling short of the Retail-Wholesale sector's loss of 4.61% and the S&P 500's loss of 2.7%.
Analysts and investors alike will be keeping a close eye on the performance of Sprouts Farmers in its upcoming earnings disclosure. In that report, analysts expect Sprouts Farmers to post earnings of $0.71 per share. This would mark year-over-year growth of 44.9%. Simultaneously, our latest consensus estimate expects the revenue to be $1.95 billion, showing a 14.84% escalation compared to the year-ago quarter.
Any recent changes to analyst estimates for Sprouts Farmers should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Sprouts Farmers presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Sprouts Farmers is currently trading at a Forward P/E ratio of 33.3. Its industry sports an average Forward P/E of 18.1, so one might conclude that Sprouts Farmers is trading at a premium comparatively.
We can also see that SFM currently has a PEG ratio of 1.85. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Food - Natural Foods Products industry had an average PEG ratio of 1.39.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 19, putting it in the top 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.