Sprouts Farmers Market Inc (NASDAQ: SFM) stock enjoyed a major increase of 13.3% on 7/30/24. The shares closed at $95.88. Moreover, trading volume in this advance was exceptionally high at 457% of normal. The stock has risen 15.2% during the last week and 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 be above 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Sprouts Farmers Market has a poor Appreciation Score of 22 but a very high Power Rating of 92, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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