Vitamin Shoppe Rating Lowered to Market Perform at William Blair (VSI)
Vitamin Shoppe (NYSE:VSI) was downgraded by William Blair from an “outperform” rating to a “market perform” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
In other Vitamin Shoppe news, CEO Anthony Truesdale sold 35,000 shares of the stock on the open market in a transaction dated Friday, January 10th. The stock was sold at an average price of $48.51, for a total transaction of $1,697,850.00. Following the sale, the chief executive officer now directly owns 107,447 shares in the company, valued at approximately $5,212,254. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of other analysts have also recently weighed in on VSI. Analysts at Goldman Sachs Group Inc. upgraded shares of Vitamin Shoppe from a “buy” rating to a “conviction-buy” rating in a research note to investors on Monday, November 18th. They now have a $65.00 price target on the stock, up previously from $59.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Vitamin Shoppe in a research note to investors on Wednesday, November 6th. They now have a $42.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Vitamin Shoppe from $52.00 to $55.00 in a research note to investors on Wednesday, November 6th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $53.35.
Shares of Vitamin Shoppe (NYSE:VSI) traded down 5.11% on Thursday, hitting $46.24. 1,066,399 shares of the company’s stock traded hands. Vitamin Shoppe has a 52-week low of $39.92 and a 52-week high of $65.93. The stock has a 50-day moving average of $50.94 and a 200-day moving average of $47.15. The company has a market cap of $1.388 billion and a P/E ratio of 22.95.
Vitamin Shoppe (NYSE:VSI) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.52 by $0.01. The company had revenue of $272.50 million for the quarter, compared to the consensus estimate of $273.87 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 14.0% on a year-over-year basis. On average, analysts predict that Vitamin Shoppe will post $2.28 earnings per share for the current fiscal year.
Vitamin Shoppe, Inc is a specialty retailer and direct marketer of vitamins, minerals, herbs, specialty supplements, sports nutrition and other health and wellness products.
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