Sprouts Farmers Market (SFM) has been under a strong bear grip, hence the stock is down -0.35% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.99% in the past 1 week. The stock has risen by 2.31% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.56% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.69% and the fifty day Moving Average is 0.41%. Sprouts Farmers Market, Inc. has dropped 7.44% during the last three month period . Year-to-Date the stock performance stands at -13.5%.
Sprouts Farmers Market (SFM) : The highest level Sprouts Farmers Market (SFM) is projected to reach is $36 for the short term and the lowest estimate is at $21. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $28.44 and the possibility the share price can swing is $5.13.
Sprouts Farmers Market (NASDAQ:SFM): On Fridays trading session , Opening price of the stock was $23.17 with an intraday high of $23.3. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $22.82. However, the stock managed to close at $23, a loss of 0.95% for the day. On the previous day, the stock had closed at $23.22. The total traded volume of the day was 1,473,935 shares.
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.