Sprouts Farmers Market, Inc. (NASDAQ:SFM) Holdings Raised by Alliancebernstein LP

(NASDAQ:SFM) to report earnings per share of $0.17 for the current fiscal quarter, Zacks reports. After a recent check, the 14-day RSIfor Sprouts Farmers Mark (SFM) is now at 45.29, the 7-day stands at 51.46, and the 3-day is sitting at 52.40. Sprouts Farmers Market, Inc. has a 52-week low of 17.38 and a 52-week high of 25.98. During the same quarter past year, the business earned $0.25 earnings per share. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.04. (NASDAQ:SFM), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average.

On a similar note, analysts expect EPS of $0.17 in September 2017 quarter and $0.13 in December 2017 quarter, representing 6.25% and 8.33% growth, respectively.

Currently, the 14-day ADX for Sprouts Farmers Mark (SFM) is sitting at 32.66. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.17 billion. The institutional investor owned 164,998 shares of the company's stock after acquiring an additional 77,450 shares during the period. The firm's revenue for the quarter was up 14.8% on a year-over-year basis.

Sprouts Farmers Market, Inc. Morgan Stanley reaffirmed an "equal weight" rating and issued a $22.00 target price (down previously from $23.00) on shares of Sprouts Farmers Market in a research report on Monday, June 19th.

05/16/2017 - Loop Capital began new coverage on Sprouts Farmers Market, Inc. giving the company a "hold" rating. On Friday, August 7 the stock rating was downgraded by BB&T Capital to "Hold". Wells Fargo & Company reaffirmed an "outperform" rating on shares of Sprouts Farmers Market in a research report on Tuesday, June 27th. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Sprouts Farmers Market now has an average rating of "Hold" and a consensus price target of $25.00. (NASDAQ:SFM)'s latest quote $19.26 $0.14 3.38% will find technical support in $18.81 a share and a breakdown below this region would be a significantly bearish signal for Sprouts Farmers Market, Inc. traders. 2555379 shares were traded on Sprouts Farmers Market, Inc.'s last session.

Checking in on moving averages, the 200-day is at 21.46, the 50-day is 20.56, and the 7-day is sitting at 18.63.

Sprouts Farmers Market, a food retailer. The shares were acquired at an average price of $19.00 per share, for a total transaction of $285,000.00.

In other Sprouts Farmers Market news, CFO Bradley Lukow purchased 7,000 shares of the firm's stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $24.34, for a total value of $486,800.00. The disclosure for this sale can be found here. The stock's market capitalization is 2.61B. In the most recent quarter, institutional ownership decreased by a net of 5.4 million shares, or 4.5%. $1.31M worth of Sprouts Farmers Market Inc (NASDAQ:SFM) shares were sold by Nielsen James Leroy. Advisory Services Network LLC now owns 5,309 shares of the company's stock valued at $120,000 after buying an additional 4,864 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Sprouts Farmers Market by 2.3% in the 2nd quarter. The original version of this report can be accessed at Asset Management One Co. Alliancebernstein L.P. owned approximately 0.12% of Sprouts Farmers Market worth $3,741,000 as of its most recent filing with the Securities & Exchange Commission. Finally, Benjamin F. Edwards & Company Inc. boosted its position in Sprouts Farmers Market by 2.3% in the second quarter.

TRADEMARK VIOLATION NOTICE: This news story was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune.

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