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How to Buy Sprouts Farmers Market Stock

Sprouts Farmers Market Inc

Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States.

Sprouts Farmers Market stock last closed at $64.04, up 0.2% from the previous day, and has increased 87.91% in one year. It has overperformed other stocks in the Grocery Stores industry by 0.83 percentage points. Sprouts Farmers Market stock is currently +99.38% from its 52-week low of $32.12, and -2.27% from its 52-week high of $65.53.

As of Mar 27, 2024, there are 101.21M shares of SFM outstanding. The market value of SFM is $6.48B. In the last 24 hours, 1.05M SFM shares were traded.

How to Buy Sprouts Farmers Market Stock

Wondering how to invest in Sprouts Farmers Market stock? Here's how.
  1. Decide where to buy Sprouts Farmers Market stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Sprouts Farmers Market stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your info.
  4. Research Sprouts Farmers Market stock: The Sprouts Farmers Market ticker symbol is SFM. Is Sprouts Farmers Market stock a good investment? Should you buy shares of SFM? How do SFM's underlying business fundamentals look? Do top analysts think Sprouts Farmers Market is a good buy? Why has SFM's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SFM is a good stock to buy).
  5. Make your SFM purchase: Decide if you will purchase SFM shares at the current market price or use a limit order to purchase SFM shares at a given price.
  6. Get the latest scoop on your investment in SFM: Create a watchlist to track your new investment in Sprouts Farmers Market stock.

Step 1: Decide where to buy Sprouts Farmers Market stock

You will need an online brokerage account in order to access the NASDAQ market and buy SFM stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our experience, eToro is the best brokerage. Here's why:

  • You can invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by creating an account with eToro now.

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Step 2: Open your brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal info so you are able to invest in SFM today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to start a new brokerage account.
  1. Send your application by clicking the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your investment account

Now that you have created your account on investing apps, you can securely and quickly fund your account:

Check out the tutorial below to see the process of transferring money into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Sprouts Farmers Market stock

After you have figured out the best place to buy Sprouts Farmers Market stock, it's very important to research their stock prior to buying, so you actually understand the risk as well as the opportunity.

Sprouts Farmers Market stock at a glance

SFM Price
$64.04
1w %
2.81%
1y %
87.91%
5y %
194.57%
P/E
25.31x
P/B
5.64x
P/S
0.96x
PEG
71.3x
Revenue
$6.84B
Earnings
$258.86M
Fore. Rev. Growth
7.78%
Fore. Earn. Growth
0.39%
Market Cap
$6.48B
Next Earnings
Apr 29, 2024
Next Dividend
N/A

Sprouts Farmers Market Zen Score

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on SFM's stock page.

How is SFM stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SFM's fair value.

Using relative valuations ratios:

  • SFM may be overvalued based on its P/E ratio of 25.31x, relative to Grocery Stores industry P/E ratio of 17.11x
  • SFM may be overvalued based on its P/B ratio of 5.64x, relative to Grocery Stores industry P/B ratio of 3.39x
  • SFM could be overvalued based on its PEG ratio of 71.3x

You can do additional valuation analysis on SFM's stock here.

SFM Financial Summary

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the SFM balance sheet.
  • SFM earnings of $350.23M is not enough to cover its interest payments.
  • SFM's operating cash flow of $465.07M allows it to safely service it's debt of $1.66B.

Negative Health Checks:

  • Total SFM debt is higher than 5 years ago, relative to shareholder equity.
  • SFM has a relatively high debt to equity ratio of 1.9.
  • There are more long-term liabilities than short-term assets on the SFM balance sheet.
  • SFM profit margin has gone down from 4.1% to 3.8% in the past year.

Do analysts think it's a good time to buy SFM stock

Out of 3 sell side analysts who give recommendations on SFM, the consensus analyst rating on SFM is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Sprouts Farmers Market stock forecast page.

SFM Technicals

SMA10
63.17
SMA20
63.12
SMA50
56.8
SMA100
51.07
SMA200
45.24
MACD
1.87
MACD Signal
2.21
MACD Histogram
-0.34
RSI
66.54
Stochastic %K
73.89
Stochastic %D
67.78
StochRSI %K
36.36
StochRSI %D
32.74

Is SFM Making Money?

Last year, SFM earnings were $258.86M. In the last five year, SFM's earnings have gone up by 15.52% per year. This was faster than the Grocery Stores industry average of 7.56%.

Last year, SFM revenue was $6.84B. Over the past five year, SFM's revenue has increased by 5.6% per year. This was slower than the Grocery Stores industry average of 5.85%.

Find out more about SFM's earnings and revenue performance here.

Latest Insiders Trades at SFM

Over the past year, executives and large shareholders at SFM have sold more shares than they have bought.

Nicholas Konat, President COO of SFM, was the latest SFM insider to sell. They sold $1,978,591.98 worth of SFM shares on Mar 22, 2024.

Learn more about who owns SFM stock here.

Can I rely on SFM as an income stream?

No, Sprouts Farmers Market doesn't provide an income stream by paying out dividends.

SFM Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your SFM purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, use a limit order.

Hit the Open button and your broker will execute your order.

If you need additional help with buying stocks on eToro, click the how to video below:

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Step 6: Get the latest scoop on your investment in SFM

Now that you own some shares in SFM, you'll want to keep up with your new shares.

Make a watchlist to monitor your SFM stock.

SFM Feed

How to Buy Stock in Sprouts Farmers Market

To summarize, here are the 6 steps you need to take to buy Sprouts Farmers Market stock right now:

  1. Decide where to buy Sprouts Farmers Market stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Research Sprouts Farmers Market stock
  5. Make your SFM purchase
  6. Get the latest scoop on your investment in SFM

If you require a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your new investment in Sprouts Farmers Market, add SFM to your watchlist by clicking the button below.

NASDAQ: SFM
$64.04+0.13 (+0.2%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: SFM
$64.04+0.13 (+0.2%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sprouts Farmers Market share?

As of Mar 27, 2024, it costs $64.04 to buy one share of Sprouts Farmers Market stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.156 shares of SFM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sprouts Farmers Market stock?

According to 3 Wall Street analysts who monitor Sprouts Farmers Market, their consensus recommendation is to buy Sprouts Farmers Market stock.

What is the best way to buy Sprouts Farmers Market stock?

One way to place an order for Sprouts Farmers Market stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.