vitacost.com (VITC) Posts Quarterly Earnings Results, Misses Estimates By $0.05 EPS
vitacost.com (NASDAQ:VITC) posted its quarterly earnings results on Thursday. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.05, Analyst Ratings Net reports. The company had revenue of $104.80 million for the quarter, compared to the consensus estimate of $107.70 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. The company’s quarterly revenue was up 7.2% on a year-over-year basis.
On the ratings front, analysts at Imperial Capital raised their price target on shares of vitacost.com from $8.00 to $10.00 in a research note on Friday, February 28th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $8.63.
Shares of vitacost.com (NASDAQ:VITC) traded down 6.45% during mid-day trading on Thursday, hitting $5.80. 46,970 shares of the company’s stock traded hands. vitacost.com has a 52 week low of $5.11 and a 52 week high of $9.40. The stock’s 50-day moving average is $6. and its 200-day moving average is $6.36. The company’s market cap is $197.5 million.
Vitacost.com, Inc (NASDAQ:VITC) is an online retailer of health and wellness products, including dietary supplements such as vitamins, minerals, herbs and other botanicals, amino acids and metabolites, as well as cosmetics, natural personal care products, pet products, sports nutrition and health foods.
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