Natural Grocers by Vitamin Cottage (NGVC) Releases Quarterly Earnings Results
Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) posted its quarterly earnings results on Friday. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.02, Stock Ratings Network.com reports. The company had revenue of $120.60 million for the quarter, compared to the consensus estimate of $121.27 million.
A number of research firms have recently commented on NGVC. Analysts at Imperial Capital initiated coverage on shares of Natural Grocers by Vitamin Cottage in a research note to investors on Thursday, December 19th. They set an “in-line” rating and a $40.00 price target on the stock. On a related note, analysts at Stephens initiated coverage on shares of Natural Grocers by Vitamin Cottage in a research note to investors on Wednesday, December 18th. They set an “overweight” rating on the stock. Finally, analysts at SunTrust raised their price target on shares of Natural Grocers by Vitamin Cottage from $42.00 to $44.00 in a research note to investors on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $42.00.
Shares of Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) opened at 33.94 on Friday. Natural Grocers by Vitamin Cottage has a 52-week low of $19.81 and a 52-week high of $42.86. The stock has a 50-day moving average of $40.50 and a 200-day moving average of $38.03. The company has a market cap of $761.7 million and a price-to-earnings ratio of 71.30.
Natural Grocers by Vitamin Cottage, Inc is a specialty retailer of natural and organic groceries and dietary supplements.
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