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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 $83.26, up 1.51% from the previous day, and has increased 108.36% in one year. It has overperformed other stocks in the Grocery Stores industry by 0.98 percentage points. Sprouts Farmers Market stock is currently +129.94% from its 52-week low of $36.21, and -3.23% from its 52-week high of $86.04.

As of Jul 22, 2024, there are 100.48M shares of SFM outstanding. The market value of SFM is $8.37B. In the last 24 hours, 885,580 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.

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

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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.
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  2. Provide your personal data to start a new brokerage account.
  1. Send your application by clicking the "Create Account" button.
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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.

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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
$83.26
1w %
-0.69%
1y %
108.36%
5y %
381.55%
P/E
28.51x
P/B
6.91x
P/S
1.2x
PEG
4.59x
Revenue
$6.99B
Earnings
$296.80M
Fore. Rev. Growth
7.08%
Fore. Earn. Growth
6.9%
Market Cap
$8.37B
Next Earnings
Jul 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 28.51x, relative to Grocery Stores industry P/E ratio of 16.19x
  • SFM may be overvalued based on its P/B ratio of 6.91x, relative to Grocery Stores industry P/B ratio of 3.04x
  • SFM could be overvalued based on its PEG ratio of 4.59x

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

SFM Financial Summary

Positive Health Checks:

  • Total SFM debt is lower than 5 years ago, relative to shareholder equity.
  • SFM profit margin has gone up from 3.8% to 4.2% in the past year.
  • There are more short-term assets than short-term liabilities on the SFM balance sheet.
  • SFM earnings of $396.98M is not enough to cover its interest payments.
  • SFM's operating cash flow of $504.94M allows it to safely service it's debt of $1.70B.

Negative Health Checks:

  • There are more long-term liabilities than short-term assets on the SFM balance sheet.
  • SFM has a relatively high debt to equity ratio of 1.87.

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

Out of 6 sell side analysts who give recommendations on SFM, the consensus analyst rating on SFM is a Hold

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

Most Recent SFM Analyst Upgrades/Downgrades

Edward Kelly, a top 9% analyst from Wells Fargo maintains SFM with a strong sell rating and raises their SFM price target from $48.00 to $62.00, on May 2, 2024.

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

SFM Technical Indicators

SMA10
82.62
SMA20
82.61
SMA50
79.68
SMA100
72.19
SMA200
59.51
MACD
1.24
MACD Signal
1.43
MACD Histogram
-0.19
RSI
57.97
Stochastic %K
49.6
Stochastic %D
53.43
StochRSI %K
19.33
StochRSI %D
26.14

SFM Performance Numbers

Last year, SFM earnings were $296.80M. During the past 5 year, SFM's earnings have grown by 19.87% per year. This was faster than the Grocery Stores industry average of 13.23%.

Last year, SFM revenue was $6.99B. During the last five year, SFM's revenue has grown by 5.55% per year. This was slower than the Grocery Stores industry average of 10.81%.

Dive into SFM's earnings and revenue performance here.

What are SFM executives and large shareholders up to?

Over the last year, insiders at SFM have sold more shares than they have bought.

Jack Sinclair, Chief Executive Officer of SFM, was the latest SFM insider to sell. They sold $470,307.91 worth of SFM shares on Jul 3, 2024.

Get more info about who owns SFM stock here.

Does SFM provide a stable income stream?

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

What others are saying about SFM

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

Click below to find out what other community members have to say.

Step 5: Make your SFM purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, place a limit order.

Click the Open Trade button and your broker will execute the order.

If you want more help buying stocks on eToro, click the helpful 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 stock purchase.

Start a watchlist to keep track of your SFM stock.

SFM Feed

How to Buy Stock in Sprouts Farmers Market

To summarize, here are the 6 steps to buy Sprouts Farmers Market stock:

  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 need a online brokerage, eToro is our favorite option.

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 get the latest news on your investment in Sprouts Farmers Market, click the button below.

NASDAQ: SFM
$83.26+1.24 (+1.51%)
Updated Jul 22, 2024
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NASDAQ: SFM
$83.26+1.24 (+1.51%)
Updated Jul 22, 2024
Open eToro Account

FAQ

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

As of Jul 22, 2024, it costs $83.26 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 0.12 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 6 Wall Street analysts who monitor Sprouts Farmers Market, their consensus recommendation is to hold 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.