Sprouts Farmers Market Inc (NASDAQ: SFM) has reported E.P.S. of $0.95 for its second fiscal quarter (ending June 30) versus $0.65 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.21 versus $2.43 for the same period a year ago.
Recent Price Action
Sprouts Farmers Market Inc (NASDAQ: SFM) stock declined by -2.4% on 7/29/24. The shares closed at $84.66. Moreover, this decline was accompanied by exceptionally high trading volume at 214% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.2% during the last week.
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). 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 22 but a very high Power Rating of 92, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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