|Day's Range||24.15 - 24.82|
|52 Week Range||17.38 - 25.98|
|PE Ratio (TTM)||28.86|
|Earnings Date||Aug 3, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||25.24|
Amazon.com, Inc. (NASDAQ:AMZN) has been the center of a number of major headlines over the past few months, and almost all of them have added to bull case. The biggest initiative, of course, is Whole Foods. Amazon’s suddenly improved positioning into the grocery market could be one of the biggest drivers of AMZN stock moving forward, so let’s take a much closer look at what could possibly keep it from happening.
Sprouts Farmers Market (SFM) is valued at a one-year forward price-to-earnings ratio (or PE) of 26.0x, which is close to the upper end of its 52-week PE range of 20.0x–27.0x.
On June 16, Oppenheimer raised SFM to “outperform” from “perform” after Amazon (AMZN) announced its acquisition of Whole Foods Market (WFM).