Sprouts Farmers Market (NASDAQ:SFM) : Currently there are 12 street experts covering Sprouts Farmers Market (NASDAQ:SFM) stock. The most bullish and bearish price target for the stock is $36 and $24 respectively for the short term. The average price target of all the analysts comes to $30. The estimated standard deviation from the target is $4.05.
Other Equity analysts have also commented on the company shares. Goldman Sachs downgrades their rating on the shares of Sprouts Farmers Market (NASDAQ:SFM). The current rating of the shares is Sell. Earlier, the shares were rated a Neutral by the brokerage firm. Equity Analysts at the Firm lowers the price target to $22 per share from $24 per share. The rating by the firm was issued on May 10, 2016.
Sprouts Farmers Market (NASDAQ:SFM): stock turned positive on Thursday. Though the stock opened at $22.19, the bulls momentum made the stock top out at $22.45 level for the day. The stock recorded a low of $21.95 and closed the trading day at $22.16, in the green by 0.27%. The total traded volume for the day was 2,067,608. The stock had closed at $22.1 in the previous days trading.
The company shares have dropped -21.07% from its 1 Year high price. On Mar 18, 2016, the shares registered one year high at $30.00 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $24.42 and the 200 Day Moving Average price is recorded at $25.86. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CFO of Sprouts Farmers Market, Inc., Lukow Bradley had purchased shares worth of $251,500 in a transaction dated on May 26, 2016. A total of 10,000 shares were purchased at a price of $25.15 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Sprouts Farmers Market, Inc. is a food retailer. The Company operates as a grocery store that offers natural and organic food, including produce, bulk foods, vitamins and supplements, grocery, meat and seafood, bakery, dairy, frozen foods, body care and natural household items. As of February 26, 2015, the Company operated 198 stores in 12 states. The Companys product offerings focus on fresh, natural and organic foods. It categorizes its products as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli and bakery. Non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.