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Sprouts Farmers Market Inc Stock Research

SFM

34.03USD+0.75(+2.25%)Delayedas of 27 Mar 2023, 02:00 pm

Market Summary

USD34.03+0.75
Delayedas of 27 Mar 2023, 02:00 pm
2.25%

SFM Alerts

SFM Stock Price

SFM RSI Chart

SFM Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

13.39

Price/Sales (Trailing)

0.55

EV/EBITDA

6.93

Price/Free Cashflow

14.14

SFM Price/Sales (Trailing)

SFM Profitability

EBT Margin

5.45%

Return on Equity

24.96%

Return on Assets

8.51%

Free Cashflow Yield

7.07%

SFM Fundamentals

SFM Revenue

Revenue (TTM)

6.4B

Revenue Y/Y

5.61%

Revenue Q/Q

-0.91%

SFM Earnings

Earnings (TTM)

261.2M

Earnings Y/Y

24.54%

Earnings Q/Q

-31.37%

Price Action

52 Week Range

22.5635.59
(Low)(High)

Last 30 days

4.3%

Last 90 days

-1.3%

Trailing 12 Months

1.8%

SFM Financial Health

Current Ratio

1.29

Debt/Equity

0.25

Debt/Cashflow

1.59

SFM Investor Care

Buy Backs (1Y)

5.44%

Diluted EPS (TTM)

2.39

Peers (Alternatives to Sprouts Farmers Market)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
384.4B
600.1B
-1.69% 0.45%
42.65
0.64
4.92% 10.07%
219.7B
234.4B
-0.43% -10.80%
36.3
0.94
13.76% 13.92%
37.9B
73.6B
-3.65% -6.79%
26.68
0.51
21.14% 80.80%
35.1B
146.5B
9.93% -12.27%
14.85
0.24
8.04% 132.09%
10.8B
76.8B
-5.57% -23.61%
6.51
0.14
9.24% 62.45%
10.1B
18.7B
1.01% 16.67%
20.58
0.54
15.30% 18.31%
MID-CAP
7.9B
34.1B
-10.59% -4.98%
29.81
0.23
15.50% 61.59%
7.8B
15.2B
-3.15% 9.05%
17.35
0.51
28.24% 39.99%
3.5B
6.4B
4.26% 1.84%
13.39
0.55
4.99% 6.97%
2.7B
3.6B
-5.16% -17.02%
41.14
0.75
16.19% 4.40%
2.2B
4.7B
-0.77% 12.15%
17.73
0.47
11.16% 15.02%
SMALL-CAP
1.4B
17.3B
-9.35% -21.53%
10.33
0.08
37.37% 26.06%
1.3B
2.6B
-8.00% -0.55%
45.44
0.48
49.70% 663.68%
853.5M
9.6B
-22.39% -30.31%
24.73
0.09
7.97% -53.20%
244.8M
1.1B
-0.30% -41.40%
14.52
0.22
2.34% -34.82%

Financials for Sprouts Farmers Market

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.3%6,4046,3206,2396,1666,100
Gross Profit1.7%2,3492,3092,2652,2352,209
  S&GA Expenses1.3%1,8561,8321,7941,7681,748
EBITDA2.6%462450444440-
EBITDA Margin1.3%0.07*0.07*0.07*0.07*-
Earnings Before Taxes3.5%349337332329322
EBT Margin2.2%0.05*0.05*0.05*0.05*-
Interest Expenses8.4%-10.49-11.45-11.73-11.68-
Net Income3.5%261252250249244
Net Income Margin2.2%0.04*0.04*0.04*0.04*-
Free Cahsflow-5.5%247262280299-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets1.8%3,0703,0182,9872,9982,923
  Current Assets0.1%674673645641568
    Cash Equivalents-7.2%293316289324245
  Inventory2.9%311302293272265
  Net PPE4.1%722694690701716
  Goodwill0.0%369369369369369
Liabilities2.4%2,0241,9771,9741,9861,963
  Current Liabilities-0.5%522525515524513
  Long Term Debt-250----
Shareholder's Equity0.5%1,0461,0411,0141,012960
  Retained Earnings0.1%320320298301259
  Additional Paid-In Capital0.8%726720715712705
Accumulated Depreciation-821----
Shares Outstanding-1.3%105106108110111
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-1.0%371375396412365
  Share Based Compensation2.2%17.0016.0016.0017.0016.00
Cashflow From Investing-9.6%-124-113-116-113-102
Cashflow From Financing3.2%-199-205-212-231-186
  Buy Backs-2.9%200206212231188

Risks for SFM

What is the probability of a big loss on SFM?

97.7%


Probability that Sprouts Farmers Market stock will be more than 20% underwater in next one year

33.5%


Probability that Sprouts Farmers Market stock will be more than 30% underwater in next one year.

0%


Probability that Sprouts Farmers Market stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SFM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Sprouts Farmers Market was unfortunately bought at previous high price.

Drawdowns

Returns for SFM

Cumulative Returns on SFM

2.0%


7-Year Cumulative Returns

7.5%


5-Year Cumulative Returns

23.7%


3-Year Cumulative Returns

What are the long-term rolling returns for SFM?

FIve years rolling returns for Sprouts Farmers Market.

Annualized Returns

Which funds bought or sold SFM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
611,756
611,756
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
18.8
765,936
2,751,940
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-18.59
-2,000
24,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-1.4
-82,580,300
2,003,700
-%
2023-02-24
NATIXIS
sold off
-100
-4,322,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-12.67
11,000
558,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-36.88
-113,903
317,097
0.01%
2023-02-21
MACQUARIE GROUP LTD
reduced
-4.58
263,000
2,981,000
-%
2023-02-21
KB FINANCIAL PARTNERS, LLC
reduced
-28.36
-1,000
3,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-97.72
-653,164
17,836
-%

1–10 of 43

Latest Funds Activity

Are funds buying SFM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SFM
No. of Funds

Sprouts Farmers Market News

MarketBeat

MorganRosel Wealth Management LLC Has $931000 Stock ....

MarketBeat,
2 hours ago

DirectorsTalk Interviews

NewsBreak Original

The Motley Fool

Yahoo Finance

Schedule 13G FIlings of Sprouts Farmers Market

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
renaissance technologies llc
4.81%
5,088,132
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.40%
11,013,731
SC 13G/A
Jan 23, 2023
blackrock inc.
11.9%
12,628,435
SC 13G/A
Sep 12, 2022
fmr llc
-
0
SC 13G/A
Jun 09, 2022
vanguard group inc
10.08%
11,052,491
SC 13G/A
Feb 11, 2022
renaissance technologies llc
5.14%
5,770,332
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G
Jan 27, 2022
blackrock inc.
12.3%
13,853,199
SC 13G/A
Jan 26, 2022
blackrock inc.
12.3%
13,853,199
SC 13G/A

SFM Fair Value

Sprouts Farmers Market fair value in different scenarios

The table shows the Fair Value estimates for Sprouts Farmers Market for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

20.80

-38.88%

32.80

-3.61%

46.21

35.79%

63.26

85.89%

74.37

118.54%
Current Inflation

19.51

-42.67%

30.03

-11.75%

41.43

21.75%

55.71

63.71%

65.01

91.04%
Very High Inflation

17.89

-47.43%

26.64

-21.72%

35.74

5.02%

46.91

37.85%

54.18

59.21%

Historical Sprouts Farmers Market Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Sprouts Farmers Market

View All Filings
Date Filed Form Type Document
Mar 22, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading
Mar 17, 2023
4
Insider Trading

Latest Insider Trading transactions for SFM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-22
Konat Nicholas
sold
-21,359
33.27
-642
president & coo
2023-03-20
Sanders Dan J
sold
-1,317,060
32.5585
-40,452
chief store operations officer
2023-03-20
Sanders Dan J
acquired
374,438
22.3092
16,784
chief store operations officer
2023-03-17
McGlinchey David
sold
-23,533
32.9594
-714
chief strategy officer
2023-03-17
Neal John Scott
sold
-29,334
32.9596
-890
chief merchandising officer
2023-03-17
Sanders Dan J
sold
-23,928
32.9596
-726
chief store operations officer
2023-03-17
Lombardi Brandon F.
sold
-57,284
32.96
-1,738
chief legal officer
2023-03-17
Hurley Joseph L
sold
-6,031
32.9594
-183
chief supply chain officer
2023-03-17
Hilgendorf Stacy W.
sold
-9,162
32.9596
-278
vp, controller
2023-03-17
Sinclair Jack
sold
-191,626
32.9594
-5,814
chief executive officer

1–10 of 50

Jack L. Sinclair
31000
Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.

SFM Income Statement

2023-01-01
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jan. 01, 2023
Jan. 02, 2022
Jan. 03, 2021
Income Statement [Abstract]   
Net sales$ 6,404,223$ 6,099,869$ 6,468,759
Cost of sales4,055,6593,890,6574,089,470
Gross profit2,348,5642,209,2122,379,289
Selling, general and administrative expenses1,855,6491,748,2051,863,869
Depreciation and amortization (exclusive of depreciation included in cost of sales)123,530122,258124,124
Store closure and other costs, net11,0254,673(369)
Income from operations358,360334,076391,665
Interest expense, net9,04711,68414,787
Income before income taxes349,313322,392376,878
Income tax provision88,14978,23589,428
Net income$ 261,164$ 244,157$ 287,450
Net income per share:   
Basic$ 2.41$ 2.12$ 2.44
Diluted$ 2.39$ 2.10$ 2.43
Weighted average shares outstanding:   
Basic108,232115,377117,821
Diluted109,139116,077118,224

SFM Balance Sheet

2023-01-01
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2023
Jan. 02, 2022
Current assets:  
Cash and cash equivalents$ 293,233$ 245,287
Accounts receivable, net16,10821,574
Inventories310,545265,387
Prepaid expenses and other current assets53,91835,468
Total current assets673,804567,716
Property and equipment, net of accumulated depreciation722,241716,029
Operating lease assets, net1,106,5241,072,019
Intangible assets, net of accumulated amortization184,960184,960
Goodwill368,878368,878
Other assets13,97313,513
Total assets3,070,3802,923,115
Current liabilities:  
Accounts payable172,904145,901
Accrued liabilities151,306155,996
Accrued salaries and benefits61,57458,743
Current portion of operating lease liabilities135,584[1],[2]151,755
Current portion of finance lease liabilities1,0121,078
Total current liabilities522,380513,473
Long-term operating lease liabilities1,145,173[1],[2]1,095,909
Long-term debt and finance lease liabilities258,902259,656
Other long-term liabilities36,34036,306
Deferred income tax liability61,12357,895
Total liabilities2,023,9181,963,239
Commitments and contingencies (Note 19)
Stockholders’ equity:  
Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding00
Common stock, $0.001 par value; 200,000,000 shares authorized, 105,072,756 shares issued and outstanding, January 1, 2023; 111,114,374 shares issued and outstanding, January 2, 2022105111
Additional paid-in capital726,345704,701
Accumulated other comprehensive income (loss)0(3,758)
Retained earnings320,012258,822
Total stockholders’ equity1,046,462959,876
Total liabilities and stockholders’ equity$ 3,070,380$ 2,923,115
[1]Operating lease payments include $67.5 million related to periods covered by options to extend lease terms that are reasonably certain of being exercised and exclude $504.5 million of legally binding minimum lease payments for leases executed but not yet commenced.
[2]We have subtenant agreements under which we will receive $1.0 million in 2023, $1.0 million in 2024, $0.9 million in 2025, $0.7 million in 2026, $0.6 million in 2027 and $0.4 million thereafter.