With 1.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.5 million shares. The 52-week range on SFM shows that it touched its highest point at $178.99 and its lowest point at $60.46 during that stretch. It currently has a 1-year price target of $173.17. Beta for the stock currently stands at 0.92.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SFM was down-trending over the past week, with a drop of -9.68%, but this was down by -21.89% over a month. Three-month performance dropped to -13.83% while six-month performance rose 33.19%. The stock gained 109.58% in the past year, while it has gained 4.47% so far this year. A look at the trailing 12-month EPS for SFM yields 3.75 with Next year EPS estimates of 5.27. For the next quarter, that number is 1.54. This implies an EPS growth rate of 23.85% for this year and 13.48% for next year. EPS is expected to grow by 16.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.61%.
Float and Shares Shorts:
At present, 99.26 million SFM shares are outstanding with a float of 98.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SFM since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.73153 being high and $3.68124 being low. For SFM, this leads to a yearly average estimate of $3.70136. Based on analyst estimates, the high estimate for the next quarter is $1.22 and the low estimate is $1.09. The average estimate for the next quarter is thus $1.15.
