Vitamin Cottage Natural Grocers (NGVC) Receives $8.17 Average PT from Analysts

Vitamin Cottage Natural Grocers (NYSE:NGVC) has received a consensus rating of “Hold” from the nine research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $8.17.

Several brokerages recently commented on NGVC. Zacks Investment Research raised shares of Vitamin Cottage Natural Grocers from a “hold” rating to a “buy” rating and set a $9.50 price objective for the company in a research note on Thursday, January 18th. ValuEngine raised shares of Vitamin Cottage Natural Grocers from a “hold” rating to a “buy” rating in a research note on Friday. Jefferies Group reissued a “hold” rating on shares of Vitamin Cottage Natural Grocers in a research note on Friday, February 2nd. Royal Bank of Canada raised shares of Vitamin Cottage Natural Grocers from a “sector perform” rating to an “outperform” rating and set a $11.00 price objective for the company in a research note on Wednesday, January 31st. Finally, Barclays downgraded shares of Vitamin Cottage Natural Grocers from an “equal weight” rating to an “underweight” rating in a research note on Monday, February 12th.

A number of large investors have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Vitamin Cottage Natural Grocers by 408.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,660 shares of the specialty retailer’s stock valued at $167,000 after acquiring an additional 14,988 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in Vitamin Cottage Natural Grocers in the 4th quarter valued at approximately $745,000. Algert Global LLC acquired a new position in Vitamin Cottage Natural Grocers in the 4th quarter valued at approximately $243,000. Dimensional Fund Advisors LP increased its position in Vitamin Cottage Natural Grocers by 29.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 579,663 shares of the specialty retailer’s stock valued at $3,234,000 after acquiring an additional 131,173 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Vitamin Cottage Natural Grocers in the 3rd quarter valued at approximately $199,000. 28.78% of the stock is owned by institutional investors and hedge funds.

Shares of Vitamin Cottage Natural Grocers stock traded up $0.03 on Friday, reaching $7.07. 49,615 shares of the stock were exchanged, compared to its average volume of 64,082. Vitamin Cottage Natural Grocers has a one year low of $4.79 and a one year high of $11.61. The company has a current ratio of 1.53, a quick ratio of 0.22 and a debt-to-equity ratio of 0.45. The company has a market cap of $158.01, a PE ratio of 22.81, a price-to-earnings-growth ratio of 11.54 and a beta of 1.02.

Vitamin Cottage Natural Grocers (NYSE:NGVC) last issued its quarterly earnings results on Thursday, February 1st. The specialty retailer reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03). Vitamin Cottage Natural Grocers 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 the consensus estimate of $195.86 million. research analysts forecast that Vitamin Cottage Natural Grocers will post 0.18 earnings per share for the current year.

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About Vitamin Cottage Natural Grocers

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.

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

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