Sprouts Farmers Market Inc (NASDAQ: SFM) stock closed at $72.00 on 5/2/24 after a major increase of 12.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 282% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.8% during the last week.
Current PriceTarget Research Rating
SFM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company 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 28 but a very high Power Rating of 95, and the High Neutral Value Trend Rating results.
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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