Albertson's Considers Merger With Sprouts Farmers Market Inc (SFM)

(SFM) reported its last quarter results on 02/23/2017. The company reported revenue of $986 million in its fourth quarter of 2016, which was up 6% from the same time previous year. (SFM) reported Actual EPS of $0.12/share with the difference of -0.01 percent and a surprise of -7.7 percent.

Grocery business Albertsons Cos held preliminary talks to merge with Sprouts Farmers Market Inc SFM.O , Bloomberg reported on Sunday, citing people familiar with the situation. These analysts have also projected a Low Estimate of $0.24/share and a High Estimate of $0.32/share. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Sprouts Farmers Market by 6.7% in the fourth quarter.

A merger between Sprouts Farmers Market Inc and Albertson's would likely help the former. During the same period in the prior year, the company posted $0.18 EPS.

For the current quarter, the highest estimate analysts provided is 1.13 Billion and the lowest is 1.09 Billion.

Investors expected a price target of 0.26 for this quarter. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Royal Bank of Canada reaffirmed an "outperform" rating and set a $28.00 target price on shares of Sprouts Farmers Market in a research report on Monday, February 27th.

Albertsons now operates over 2,000 stores, with Sprouts Farmers Market offering its goods in almost 300 stores.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Over the past month the firm's stock is 17.13%, 8.37% for the last quarter, 9.99% for the past six-months and -23.67% for the a year ago. Finally, LS Investment Advisors LLC increased its position in shares of Sprouts Farmers Market by 5.2% in the third quarter. The stock has a market capitalization of $3.01 billion, a PE ratio of 26.53 and a beta of 0.58. The Company has 52-week high of $29.93 and 52-week low of $17.38. (NASDAQ:SFM)'s stock about -1.24% from the 50-day high and 25.86% away from the 50-day low. The day's total volume of 7617567 this morning is in contrast from the three-month daily average of 3064.62K. The company maintains price to book ratio of - vs.an industry average at 1.35.

The company shows its Return on Assets (ROA) value of 8.6%. Sprouts Farmers Market had a return on equity of 17.00% and a net margin of 3.40%.

While looking at the Stock's Performance, Sprouts Farmers Market, Inc. now shows a Weekly Performance of 23.36%, where Monthly Performance is 17.13%, Quarterly performance is 8.37%, 6 Months performance is 9.99% and yearly performance percentage is -23.67%. The Stock now has a Weekly Volatility of 7.08% and Monthly Volatility of 3.88%.

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