Brokerages Expect Vitamin Cottage Natural Grocers (NGVC) Will Post Earnings of $0.11 Per Share

Wall Street analysts expect Vitamin Cottage Natural Grocers (NYSE:NGVC) to report earnings per share (EPS) of $0.11 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Vitamin Cottage Natural Grocers’ earnings, with estimates ranging from $0.09 to $0.12. Vitamin Cottage Natural Grocers posted earnings per share of $0.13 in the same quarter last year, which indicates a negative year-over-year growth rate of 15.4%. The company is expected to issue its next earnings report on Thursday, May 3rd.

On average, analysts expect that Vitamin Cottage Natural Grocers will report full year earnings of $0.18 per share for the current financial year, with EPS estimates ranging from $0.15 to $0.20. For the next fiscal year, analysts anticipate that the business will report earnings of $0.17 per share, with EPS estimates ranging from $0.13 to $0.21. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Vitamin Cottage Natural Grocers.

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Vitamin Cottage Natural Grocers (NYSE:NGVC) last announced its earnings results on Thursday, February 1st. The specialty retailer reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.03). Vitamin Cottage Natural Grocers had a net margin of 1.27% and a return on equity of 4.25%. The company had revenue of $202.48 million during the quarter, compared to analysts’ expectations of $195.86 million.

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Vitamin Cottage Natural Grocers from a “hold” rating to a “buy” rating and set a $9.50 target price on the stock in a research note on Wednesday, January 24th. Royal Bank of Canada upgraded Vitamin Cottage Natural Grocers from a “sector perform” rating to an “outperform” rating and set a $11.00 price target on the stock in a research note on Wednesday, January 31st. Barclays downgraded Vitamin Cottage Natural Grocers from an “equal weight” rating to an “underweight” rating in a research note on Monday, February 12th. ValuEngine upgraded Vitamin Cottage Natural Grocers from a “hold” rating to a “buy” rating in a research note on Friday, April 6th. Finally, Jefferies Group restated a “hold” rating on shares of Vitamin Cottage Natural Grocers in a research note on Friday, February 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Vitamin Cottage Natural Grocers presently has a consensus rating of “Hold” and a consensus target price of $8.00.

Shares of NGVC stock opened at $7.25 on Friday. Vitamin Cottage Natural Grocers has a twelve month low of $4.79 and a twelve month high of $11.61. The company has a market capitalization of $158.68, a price-to-earnings ratio of 27.31, a P/E/G ratio of 11.59 and a beta of 1.02. The company has a current ratio of 1.53, a quick ratio of 0.22 and a debt-to-equity ratio of 0.45.

Several institutional investors have recently bought and sold shares of NGVC. Dimensional Fund Advisors LP boosted its stake in shares of Vitamin Cottage Natural Grocers by 29.2% in the third quarter. Dimensional Fund Advisors LP now owns 579,663 shares of the specialty retailer’s stock valued at $3,234,000 after buying an additional 131,173 shares in the last quarter. Millennium Management LLC purchased a new stake in shares of Vitamin Cottage Natural Grocers in the fourth quarter valued at approximately $1,087,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Vitamin Cottage Natural Grocers in the fourth quarter valued at approximately $745,000. GSA Capital Partners LLP purchased a new stake in shares of Vitamin Cottage Natural Grocers in the third quarter valued at approximately $369,000. Finally, TIAA CREF Investment Management LLC boosted its stake in shares of Vitamin Cottage Natural Grocers by 149.2% in the fourth quarter. TIAA CREF Investment Management LLC now owns 104,779 shares of the specialty retailer’s stock valued at $936,000 after buying an additional 62,731 shares in the last quarter. Hedge funds and other institutional investors own 28.79% of the company’s stock.

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Vitamin Cottage Natural Grocers Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food and private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

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Earnings History and Estimates for Vitamin Cottage Natural Grocers (NYSE:NGVC)

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