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Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) was downgraded by equities research analysts at TheStreet from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

The analysts wrote, “Natural Grocers by Vitamin Cottage (NGVC) has been downgraded by TheStreet Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, premium valuation and poor profit margins.”

Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) traded up 1.23% during mid-day trading on Monday, hitting $21.35. The stock had a trading volume of 90,195 shares. Natural Grocers by Vitamin Cottage has a 1-year low of $20.37 and a 1-year high of $44.60. The stock’s 50-day moving average is $30.39 and its 200-day moving average is $37.55. The company has a market cap of $479.9 million and a price-to-earnings ratio of 39.35.

Natural Grocers by Vitamin Cottage (NASDAQ:NGVC) last released its earnings data on Thursday, May 1st. The company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The company had revenue of $130.30 million for the quarter, compared to the consensus estimate of $132.93 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 22.3% on a year-over-year basis. Analysts expect that Natural Grocers by Vitamin Cottage will post $0.60 EPS for the current fiscal year.

A number of other firms have also recently commented on NGVC. Analysts at Piper Jaffray downgraded shares of Natural Grocers by Vitamin Cottage from an “overweight” rating to a “neutral” rating in a research note on Wednesday, May 21st. They now have a $22.00 price target on the stock, down previously from $37.00. Separately, analysts at SunTrust cut their price target on shares of Natural Grocers by Vitamin Cottage from $44.00 to $40.00 in a research note on Friday, May 2nd. Finally, analysts at Canaccord Genuity cut their price target on shares of Natural Grocers by Vitamin Cottage from $42.00 to $37.00 in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $35.40.

In other Natural Grocers by Vitamin Cottage news, Director Michael Campbell acquired 5,000 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were purchased at an average cost of $24.25 per share, with a total value of $121,250.00. Following the completion of the transaction, the director now directly owns 9,116 shares in the company, valued at approximately $221,063. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer of natural and organic groceries and dietary supplements.

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