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Sprouts Farmers (SFM) Laps the Stock Market: Here's Why
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Sprouts Farmers (SFM - Free Report) ended the recent trading session at $70.79, demonstrating a +1.65% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.17% for the day. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw an increase of 0.4%.
Shares of the natural and organic food retailer witnessed a loss of 11.15% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 6.48%, and the S&P 500's loss of 1.29%.
The investment community will be closely monitoring the performance of Sprouts Farmers in its forthcoming earnings report. The company is expected to report EPS of $1.24, up 1.64% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.34 billion, up 6.32% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.55 per share and a revenue of $9.5 billion, signifying shifts of +4.52% and +7.86%, respectively, from the last year.
Investors should also take note of any recent adjustments to 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Sprouts Farmers presently features a Zacks Rank of #3 (Hold).
Investors should also note Sprouts Farmers's current valuation metrics, including its Forward P/E ratio of 12.56. For comparison, its industry has an average Forward P/E of 14.03, which means Sprouts Farmers is trading at a discount to the group.
We can additionally observe that SFM currently boasts a PEG ratio of 1.72. 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 1.44 as of yesterday's close.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 227, placing it within the bottom 8% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Sprouts Farmers (SFM) Laps the Stock Market: Here's Why
Sprouts Farmers (SFM - Free Report) ended the recent trading session at $70.79, demonstrating a +1.65% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.17% for the day. Meanwhile, the Dow experienced a drop of 0.18%, and the technology-dominated Nasdaq saw an increase of 0.4%.
Shares of the natural and organic food retailer witnessed a loss of 11.15% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 6.48%, and the S&P 500's loss of 1.29%.
The investment community will be closely monitoring the performance of Sprouts Farmers in its forthcoming earnings report. The company is expected to report EPS of $1.24, up 1.64% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.34 billion, up 6.32% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.55 per share and a revenue of $9.5 billion, signifying shifts of +4.52% and +7.86%, respectively, from the last year.
Investors should also take note of any recent adjustments to 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Sprouts Farmers presently features a Zacks Rank of #3 (Hold).
Investors should also note Sprouts Farmers's current valuation metrics, including its Forward P/E ratio of 12.56. For comparison, its industry has an average Forward P/E of 14.03, which means Sprouts Farmers is trading at a discount to the group.
We can additionally observe that SFM currently boasts a PEG ratio of 1.72. 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 1.44 as of yesterday's close.
The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 227, placing it within the bottom 8% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.