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Sprouts Farmers (SFM) Stock Dips While Market Gains: Key Facts
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Sprouts Farmers (SFM - Free Report) closed the most recent trading day at $108.68, moving -0.19% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.56%.
Shares of the natural and organic food retailer witnessed a gain of 7.79% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.28% and the S&P 500's gain of 1.65%.
Analysts and investors alike will be keeping a close eye on the performance of Sprouts Farmers in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.75, marking a 15.38% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.87 billion, indicating an 8.9% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.37 per share and a revenue of $7.5 billion, signifying shifts of +18.66% and +9.63%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Sprouts Farmers. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sprouts Farmers is currently a Zacks Rank #1 (Strong Buy).
From a valuation perspective, Sprouts Farmers is currently exchanging hands at a Forward P/E ratio of 32.31. This valuation marks a premium compared to its industry's average Forward P/E of 15.93.
We can additionally observe that SFM currently boasts a PEG ratio of 3.1. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Food - Natural Foods Products industry stood at 1.98 at the close of the market yesterday.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 93, placing it within the top 37% of over 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.
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 Dips While Market Gains: Key Facts
Sprouts Farmers (SFM - Free Report) closed the most recent trading day at $108.68, moving -0.19% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.25%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.56%.
Shares of the natural and organic food retailer witnessed a gain of 7.79% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.28% and the S&P 500's gain of 1.65%.
Analysts and investors alike will be keeping a close eye on the performance of Sprouts Farmers in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.75, marking a 15.38% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.87 billion, indicating an 8.9% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.37 per share and a revenue of $7.5 billion, signifying shifts of +18.66% and +9.63%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Sprouts Farmers. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Sprouts Farmers is currently a Zacks Rank #1 (Strong Buy).
From a valuation perspective, Sprouts Farmers is currently exchanging hands at a Forward P/E ratio of 32.31. This valuation marks a premium compared to its industry's average Forward P/E of 15.93.
We can additionally observe that SFM currently boasts a PEG ratio of 3.1. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Food - Natural Foods Products industry stood at 1.98 at the close of the market yesterday.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 93, placing it within the top 37% of over 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.