Natural Grocers by Vitamin Cottage (NGVC) Upgraded to C at TheStreet

TheStreet upgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a d+ rating to a c rating in a report issued on Friday morning.

A number of other research firms have also recently commented on NGVC. Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a sell rating to a hold rating in a research report on Thursday, November 30th. Citigroup reduced their price objective on Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a buy rating for the company in a research report on Monday, August 14th. Royal Bank Of Canada reiterated a hold rating and set a $11.00 price objective on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Deutsche Bank reiterated a hold rating and set a $8.00 price objective (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a research report on Wednesday, August 9th. Finally, Wolfe Research upgraded Natural Grocers by Vitamin Cottage from an underperform rating to a market perform rating in a research report on Monday, August 7th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $8.70.

Shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) traded up $0.36 during trading hours on Friday, hitting $8.21. The stock had a trading volume of 289,300 shares, compared to its average volume of 145,791. The company has a market capitalization of $176.22, a P/E ratio of 25.32, a P/E/G ratio of 4.74 and a beta of 1.09. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.14 and a current ratio of 1.40. Natural Grocers by Vitamin Cottage has a 1 year low of $4.79 and a 1 year high of $13.79.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $198.50 million during the quarter, compared to analysts’ expectations of $193.76 million. Natural Grocers by Vitamin Cottage had a return on equity of 5.28% and a net margin of 0.90%. Natural Grocers by Vitamin Cottage’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 earnings per share. sell-side analysts expect that Natural Grocers by Vitamin Cottage will post 0.24 EPS for the current year.

In other Natural Grocers by Vitamin Cottage news, CFO Sandra Buffa sold 100,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $5.53, for a total value of $553,000.00. Following the completion of the sale, the chief financial officer now owns 135,091 shares in the company, valued at $747,053.23. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 60.00% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Royce & Associates LP grew its position in shares of Natural Grocers by Vitamin Cottage by 25.8% during the second quarter. Royce & Associates LP now owns 824,694 shares of the specialty retailer’s stock worth $6,820,000 after purchasing an additional 169,046 shares in the last quarter. Citadel Advisors LLC grew its position in shares of Natural Grocers by Vitamin Cottage by 165.4% during the second quarter. Citadel Advisors LLC now owns 85,640 shares of the specialty retailer’s stock worth $709,000 after purchasing an additional 53,375 shares in the last quarter. Westfield Capital Management Co. LP grew its position in shares of Natural Grocers by Vitamin Cottage by 17.5% during the second quarter. Westfield Capital Management Co. LP now owns 764,614 shares of the specialty retailer’s stock worth $6,323,000 after purchasing an additional 113,759 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Natural Grocers by Vitamin Cottage by 29.8% during the second quarter. Dimensional Fund Advisors LP now owns 448,490 shares of the specialty retailer’s stock worth $3,709,000 after purchasing an additional 102,891 shares in the last quarter. Finally, Quantum Capital Management purchased a new stake in shares of Natural Grocers by Vitamin Cottage during the third quarter worth about $1,040,000. Institutional investors and hedge funds own 25.77% of the company’s stock.

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About Natural Grocers by Vitamin Cottage

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

Analyst Recommendations for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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