Stock Rating Downgrade
The Value Trend Rating for Sprouts Farmers Market Inc (NASDAQ: SFM) weakened recently from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Sprouts Farmers Market Inc (NASDAQ: SFM) stock closed at $63.33 on 3/18/24 after a modest decline of -1.9%. NORMAL trading volume accompanied the decline. The stock is unchanged during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SFM is expected to continue to be a major Value Builder.
Sprouts Farmers Market has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sprouts Farmers Market has a poor Appreciation Score of 30 but a very high Power Rating of 96, producing the High Neutral Value Trend Rating.
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