Sprouts Farmers (SFM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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In the latest trading session, Sprouts Farmers (SFM) closed at $80.26, marking a -4.56% move from the previous day.
Sprouts Farmers Market is a high-quality specialty grocer with double-digit revenue growth, industry-leading margins, and disciplined capital allocation. SFM operates more like a growth retailer than a conventional supermarket, achieving 39% gross margins and a 31% EPS CAGR over three years. Despite a premium valuation (17x trailing earnings), SFM's PEG ratio of ~1.0 reflects earnings growth that justifies its multiple.
Sprouts Farmers (SFM) closed at $86.7 in the latest trading session, marking a +2.51% move from the prior day.
In the closing of the recent trading day, Sprouts Farmers (SFM) stood at $85.38, denoting a +1.03% move from the preceding trading day.
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Sprouts Farmers (SFM) closed the most recent trading day at $83.61, moving 2.08% from the previous trading session.
In the closing of the recent trading day, Sprouts Farmers (SFM) stood at $86.77, denoting a +2.4% move from the preceding trading day.
In the latest trading session, Sprouts Farmers (SFM) closed at $80.18, marking a +1.52% move from the previous day.
Sprouts Farmers (SFM) reported earnings 30 days ago. What's next for the stock?
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.