Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) have earned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.20.

Several equities research analysts have issued reports on NGVC shares. Zacks Investment Research downgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. Royal Bank Of Canada restated a “hold” rating and issued a $15.00 price target on shares of Natural Grocers by Vitamin Cottage in a report on Thursday, May 18th. Finally, Jefferies Group LLC set a $10.00 price target on Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a report on Friday, June 16th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its position in Natural Grocers by Vitamin Cottage by 171.0% in the first quarter. PNC Financial Services Group Inc. now owns 10,840 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 6,840 shares in the last quarter. Wells Fargo & Company MN boosted its position in Natural Grocers by Vitamin Cottage by 102.5% in the first quarter. Wells Fargo & Company MN now owns 13,086 shares of the specialty retailer’s stock valued at $136,000 after buying an additional 6,623 shares in the last quarter. Bank of Montreal Can boosted its position in Natural Grocers by Vitamin Cottage by 12.2% in the first quarter. Bank of Montreal Can now owns 14,720 shares of the specialty retailer’s stock valued at $153,000 after buying an additional 1,604 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in Natural Grocers by Vitamin Cottage during the fourth quarter valued at $277,000. Finally, Mackenzie Financial Corp purchased a new position in Natural Grocers by Vitamin Cottage during the first quarter valued at $312,000. 33.97% of the stock is owned by institutional investors.

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Natural Grocers by Vitamin Cottage (NYSE NGVC) traded down 1.22% during midday trading on Monday, reaching $8.09. The company’s stock had a trading volume of 45,114 shares. Natural Grocers by Vitamin Cottage has a 1-year low of $7.77 and a 1-year high of $14.04. The firm has a 50 day moving average price of $8.50 and a 200 day moving average price of $10.54. The firm has a market capitalization of $181.73 million, a PE ratio of 19.73 and a beta of 0.87.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, May 4th. The specialty retailer reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.03. Natural Grocers by Vitamin Cottage had a return on equity of 7.20% and a net margin of 1.25%. The business had revenue of $197.20 million during the quarter, compared to the consensus estimate of $197.65 million. During the same quarter last year, the company earned $0.16 earnings per share. The firm’s revenue was up 11.2% compared to the same quarter last year. On average, analysts predict that Natural Grocers by Vitamin Cottage will post $0.45 EPS for the current year.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

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

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