MKM Partners analyst William Kirk maintained a Buy rating on Sprouts Farmers (NASDAQ:SFM) on Wednesday, setting a price target of $39, which is approximately 91.18% above the present share price of $20.4.
Kirk expects Sprouts Farmers to post earnings per share (EPS) of $0.57 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Sprouts Farmers, with an average price target of $28.29.
The analysts price targets range from a high of $39 to a low of $23.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.64 billion and a net profit of $93.23 million. The company's market cap is $2.41 billion.
According to TipRanks.com, MKM Partners analyst William Kirk is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.8% and a 38.89% success rate.
Sprouts Farmers Markets, Inc. engages in operating healthy grocery stores. It specializes in fresh, natural, and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care, and natural household items. The company was founded by Stan Boney and Shon Alexander Boney on July 11, 2002 and is headquartered in Phoenix, AZ.