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Sprouts Farmers (SFM) Exceeds Market Returns: Some Facts to Consider
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Sprouts Farmers (SFM - Free Report) closed at $80.18 in the latest trading session, marking a +1.52% move from the prior day. This change outpaced the S&P 500's 0.41% gain on the day. Elsewhere, the Dow saw an upswing of 1.73%, while the tech-heavy Nasdaq depreciated by 0.09%.
Coming into today, shares of the natural and organic food retailer had gained 0.92% in the past month. In that same time, the Retail-Wholesale sector lost 6.54%, while the S&P 500 gained 4.59%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. The company's upcoming EPS is projected at $1.35, signifying steadiness compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $2.33 billion, up 4.91% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.57 per share and a revenue of $9.51 billion, indicating changes of +4.9% and +8.04%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Sprouts Farmers. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0% downward. Sprouts Farmers presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Sprouts Farmers is presently trading at a Forward P/E ratio of 14.18. For comparison, its industry has an average Forward P/E of 14.18, which means Sprouts Farmers is trading at no noticeable deviation to the group.
It's also important to note that SFM currently trades at a PEG ratio of 1.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Natural Foods Products industry currently had an average PEG ratio of 1.59 as of yesterday's close.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 13% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Sprouts Farmers (SFM) Exceeds Market Returns: Some Facts to Consider
Sprouts Farmers (SFM - Free Report) closed at $80.18 in the latest trading session, marking a +1.52% move from the prior day. This change outpaced the S&P 500's 0.41% gain on the day. Elsewhere, the Dow saw an upswing of 1.73%, while the tech-heavy Nasdaq depreciated by 0.09%.
Coming into today, shares of the natural and organic food retailer had gained 0.92% in the past month. In that same time, the Retail-Wholesale sector lost 6.54%, while the S&P 500 gained 4.59%.
The upcoming earnings release of Sprouts Farmers will be of great interest to investors. The company's upcoming EPS is projected at $1.35, signifying steadiness compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $2.33 billion, up 4.91% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.57 per share and a revenue of $9.51 billion, indicating changes of +4.9% and +8.04%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Sprouts Farmers. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0% downward. Sprouts Farmers presently features a Zacks Rank of #3 (Hold).
Looking at valuation, Sprouts Farmers is presently trading at a Forward P/E ratio of 14.18. For comparison, its industry has an average Forward P/E of 14.18, which means Sprouts Farmers is trading at no noticeable deviation to the group.
It's also important to note that SFM currently trades at a PEG ratio of 1.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Food - Natural Foods Products industry currently had an average PEG ratio of 1.59 as of yesterday's close.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 13% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.