Natural Grocers by Vitamin Cottage (NYSE:NGVC) Upgraded by TheStreet to “C”

TheStreet upgraded shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a d+ rating to a c rating in a report published on Friday, December 1st.

A number of other analysts have also recently weighed in on the stock. Deutsche Bank decreased their target price on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a hold rating on the stock in a research note on Friday, November 17th. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a sell rating to a hold rating in a research note on Thursday, October 5th. Royal Bank of Canada reaffirmed a hold rating and set a $11.00 price target on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Wolfe Research raised shares of Natural Grocers by Vitamin Cottage from an underperform rating to a market perform rating in a research report on Monday, August 7th. Finally, Citigroup dropped their price objective on shares of Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a buy rating on the stock in a report on Monday, August 14th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $8.70.

Shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at $8.50 on Friday. Natural Grocers by Vitamin Cottage has a 12 month low of $4.79 and a 12 month high of $13.79. The company has a market capitalization of $179.90, a price-to-earnings ratio of 25.97, a P/E/G ratio of 4.86 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.20 and a current ratio of 1.51.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate 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 5.25% 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 last year, the company earned $0.07 EPS. analysts expect that Natural Grocers by Vitamin Cottage will post 0.24 earnings per share for the current fiscal year.

In other news, CFO Sandra Buffa sold 100,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $5.53, for a total transaction of $553,000.00. Following the completion of the transaction, the chief financial officer now directly owns 135,091 shares of the company’s stock, valued at approximately $747,053.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 60.30% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NGVC. Nationwide Fund Advisors boosted its holdings in Natural Grocers by Vitamin Cottage by 144.4% in the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock worth $100,000 after buying an additional 10,600 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Natural Grocers by Vitamin Cottage in the 2nd quarter worth approximately $108,000. Trexquant Investment LP purchased a new stake in Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $125,000. New York State Common Retirement Fund lifted its stake in Natural Grocers by Vitamin Cottage by 17.7% in the 2nd quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock worth $126,000 after purchasing an additional 2,293 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $187,000. 25.77% of the stock is owned by institutional investors.

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Natural Grocers by Vitamin Cottage Company Profile

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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