Natural Grocers by Vitamin Cottage (NGVC) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) from a hold rating to a sell rating in a research report released on Wednesday.

According to Zacks, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado. “

Several other research firms have also recently weighed in on NGVC. Barclays cut shares of Natural Grocers by Vitamin Cottage from an equal weight rating to an underweight rating in a research report on Monday, February 12th. Deutsche Bank decreased their price objective on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a hold rating for the company in a research report on Friday, November 17th. Royal Bank of Canada upgraded shares of Natural Grocers by Vitamin Cottage from a sector perform rating to an outperform rating and set a $11.00 price objective for the company in a research report on Wednesday, January 31st. TheStreet upgraded shares of Natural Grocers by Vitamin Cottage from a d+ rating to a c rating in a research report on Friday, December 1st. Finally, Jefferies Group reissued a hold rating on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $8.00.

Shares of Natural Grocers by Vitamin Cottage (NYSE NGVC) opened at $7.11 on Wednesday. Natural Grocers by Vitamin Cottage has a 12-month low of $4.79 and a 12-month high of $12.65. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.22 and a current ratio of 1.53. The firm has a market cap of $154.88, a price-to-earnings ratio of 15.80, a PEG ratio of 9.43 and a beta of 0.97.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings data on Thursday, February 1st. The specialty retailer reported $0.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.03). Natural Grocers by Vitamin Cottage had a return on equity of 4.25% and a net margin of 1.27%. The firm had revenue of $202.48 million for the quarter, compared to analyst estimates of $195.86 million. research analysts anticipate that Natural Grocers by Vitamin Cottage will post 0.21 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. GMT Capital Corp bought a new position in Natural Grocers by Vitamin Cottage during the third quarter worth $509,000. Dimensional Fund Advisors LP boosted its stake in 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 acquiring an additional 102,891 shares in the last quarter. Quantum Capital Management bought a new position in Natural Grocers by Vitamin Cottage during the third quarter worth $1,040,000. Algert Global LLC bought a new position in Natural Grocers by Vitamin Cottage during the fourth quarter worth $243,000. Finally, Schwab Charles Investment Management Inc. boosted its stake in Natural Grocers by Vitamin Cottage by 75.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 26,916 shares of the specialty retailer’s stock worth $223,000 after acquiring an additional 11,603 shares in the last quarter. 25.79% of the stock is currently owned by institutional investors and hedge funds.

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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.

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