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Sprouts Farmers (SFM) Stock Slides as Market Rises: Facts to Know Before You Trade
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Sprouts Farmers (SFM - Free Report) ended the recent trading session at $109.88, demonstrating a -1.33% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.59%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.44%.
Coming into today, shares of the natural and organic food retailer had lost 21.26% in the past month. In that same time, the Retail-Wholesale sector gained 0.65%, while the S&P 500 gained 2.72%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. In that report, analysts expect Sprouts Farmers to post earnings of $1.16 per share. This would mark year-over-year growth of 27.47%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.22 billion, up 14.06% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.28 per share and a revenue of $8.93 billion, representing changes of +40.8% and +15.66%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Sprouts Farmers. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Sprouts Farmers is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, Sprouts Farmers is currently being traded at a Forward P/E ratio of 21.09. This denotes a premium relative to the industry average Forward P/E of 20.54.
It is also worth noting that SFM currently has a PEG ratio of 1.27. 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. The Food - Natural Foods Products industry had an average PEG ratio of 1.22 as trading concluded yesterday.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 194, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Sprouts Farmers (SFM) Stock Slides as Market Rises: Facts to Know Before You Trade
Sprouts Farmers (SFM - Free Report) ended the recent trading session at $109.88, demonstrating a -1.33% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.59%. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.44%.
Coming into today, shares of the natural and organic food retailer had lost 21.26% in the past month. In that same time, the Retail-Wholesale sector gained 0.65%, while the S&P 500 gained 2.72%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. In that report, analysts expect Sprouts Farmers to post earnings of $1.16 per share. This would mark year-over-year growth of 27.47%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.22 billion, up 14.06% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.28 per share and a revenue of $8.93 billion, representing changes of +40.8% and +15.66%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Sprouts Farmers. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Sprouts Farmers is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, Sprouts Farmers is currently being traded at a Forward P/E ratio of 21.09. This denotes a premium relative to the industry average Forward P/E of 20.54.
It is also worth noting that SFM currently has a PEG ratio of 1.27. 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. The Food - Natural Foods Products industry had an average PEG ratio of 1.22 as trading concluded yesterday.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 194, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.