Sprouts Farmers Market saw its IBD SmartSelect Composite Rating rise to 97 Thursday, up from 94 the day before.
The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Sprouts Farmers Market is now out of buy range after breaking out from a 65.53 entry in a flat base.
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The stock sports a 97 EPS Rating, which means its recent quarterly and annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company reported 40% EPS growth for Q3. It has now posted accelerating EPS growth for two consecutive quarters. Top line growth increased 14%, up from 12% in the prior quarter. The company has now posted increasing growth in each of the last three quarters.
Sprouts Farmers Market holds the No. 1 rank among its peers in the Retail-Super/Mini Markets industry group. Natural Grocers and Casey's General Stores are also among the group's highest-rated stocks.
