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Goldman Sachs analyst Leah Jordan reiterated a Buy rating on Sprouts Farmers Market, Inc. SFM, raising the price forecast to $89 from $78 due to higher estimates.
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The Russell 2000 index comprises the top small-cap companies within the Russell 3000 index. Its annual reconstitution took place on June 28.
Sprouts Farmers' (SFM) impressive stock performance over the past three months is a testament to its strong financial health, strategic initiatives and competitive positioning.
It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. ARKO Corp. (ARKO), Sprouts Farmers (SFM), and MS&AD Insurance Group (MSADY) are well-poised to gain.
The Russell 2000 Index comprises primarily small-cap stocks, with some mid-cap stocks included prior to its annual reconstitution on June 28. The Russell 2000 is a great index for finding smaller companies that could become strong portfolio additions for investors.
Sprouts Farmers (SFM) possesses solid growth attributes, which could help it handily outperform the market.
PHOENIX--(BUSINESS WIRE)--Today, Sprouts Farmers Market, one of the largest and fastest growing specialty retailers of fresh, natural, and organic food in the United States, announced a new, multi-year sponsorship agreement with the Southeastern Conference and SEC Network to be the “Official Grocer of the SEC.” The deal – which officially kicks off on July 1 – will surround the SEC's marquee women's sports properties, including women's basketball and gymnastics. The new sponsorship begins this.
The latest trading day saw Sprouts Farmers (SFM) settling at $77.75, representing no change from its previous close.
PHOENIX--(BUSINESS WIRE)--The Sprouts Healthy Communities Foundation today announced that organizations can now apply for funding for programs that advance nutrition education, nutrition access, and wellness for children and adults in the communities where Sprouts operates. Sprouts will award a total of $3M to approximately 300 local organizations. “Our 32,000 team members want to see our communities thrive. Supporting local organizations that focus on wellness and nutrition access is an import.