Sprouts Farmers Market Inc (NASDAQ:SFM) shares, rose in value on Friday, January 24, with the stock price up by 0.23% to the previous day’s close as strong demand from buyers drove the stock to $146.75.
Actively observing the price movement in the last trading, the stock closed the session at $146.42, falling within a range of $142.315 and $146.92. The value of beta (5-year monthly) was 0.538 whereas the PE ratio was 42.46 over 12-month period. Referring to stock’s 52-week performance, its high was $155.64, and the low was $48.98. On the whole, SFM has fluctuated by 11.43% over the past month.
With the market capitalization of Sprouts Farmers Market Inc currently standing at about $14.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SFM’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.31, with the price of SFM currently trading nearly 6.60% and 3.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.64, while the 7-day volatility ratio is showing 3.40% which for the 30-day chart, stands at 3.04%. Furthermore, Sprouts Farmers Market Inc (SFM)’s beta value is 0.63, and its average true range (ATR) is 4.27.
A comparison of Sprouts Farmers Market Inc (SFM) with its peers suggests the former has fared considerably weaker in the market. SFM showed an intraday change of 0.23% in last session, and over the past year, it grew by 187.46%%.
Data on historical trading for Sprouts Farmers Market Inc (NASDAQ:SFM) indicates that the trading volumes over the past 10 days have averaged 1.16 and over the past 3 months, they’ve averaged 1.41 million. According to company’s latest data on outstanding shares, there are 100.04 million shares outstanding.
Nearly 0.49% of Sprouts Farmers Market Inc’s shares belong to company insiders and institutional investors own 99.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.28 million shares as on 2024-12-31, resulting in a short ratio of 4.98. According to the data, the short interest in Sprouts Farmers Market Inc (SFM) stood at 997.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 6.61 million. The stock has risen by 15.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SFM stock heading into the next quarter.
