Vitamin Shoppe, Inc (VSI) Expected to Post Earnings of $0.39 Per Share
Wall Street brokerages expect Vitamin Shoppe, Inc (NYSE:VSI) to report $0.39 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have issued estimates for Vitamin Shoppe’s earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.48. Vitamin Shoppe reported earnings of $0.55 per share during the same quarter last year, which indicates a negative year over year growth rate of 29.1%. The firm is expected to report its next earnings results on Wednesday, August 2nd.
On average, analysts expect that Vitamin Shoppe will report full year earnings of $1.56 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.63. For the next year, analysts expect that the firm will post earnings of $1.62 per share, with EPS estimates ranging from $1.51 to $1.70. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for Vitamin Shoppe.
Vitamin Shoppe (NYSE:VSI) last released its earnings results on Wednesday, May 10th. The specialty retailer reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.21. The company had revenue of $316.90 million during the quarter, compared to the consensus estimate of $325.71 million. Vitamin Shoppe had a net margin of 1.43% and a return on equity of 9.35%. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.67 EPS.
Several equities research analysts have recently weighed in on VSI shares. Zacks Investment Research cut shares of Vitamin Shoppe from a “hold” rating to a “sell” rating in a research report on Wednesday, May 3rd. Barclays PLC reiterated an “equal weight” rating and set a $13.00 price objective (down from $24.00) on shares of Vitamin Shoppe in a research report on Sunday, May 14th. ValuEngine cut shares of Vitamin Shoppe from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Gabelli cut shares of Vitamin Shoppe from a “buy” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Morgan Stanley upgraded shares of Vitamin Shoppe from an “underweight” rating to an “equal weight” rating and set a $14.00 price objective for the company in a research report on Thursday, May 11th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $24.00.
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Shares of Vitamin Shoppe (NYSE VSI) traded up 1.39% on Thursday, reaching $10.95. 99,056 shares of the company’s stock were exchanged. The company has a market cap of $253.63 million, a price-to-earnings ratio of 14.09 and a beta of 0.69. Vitamin Shoppe has a 12 month low of $9.80 and a 12 month high of $31.50. The firm’s 50-day moving average price is $11.12 and its 200 day moving average price is $16.98.
Hedge funds and other institutional investors have recently modified their holdings of the company. Municipal Employees Retirement System of Michigan raised its position in shares of Vitamin Shoppe by 18.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 9,410 shares of the specialty retailer’s stock valued at $110,000 after buying an additional 1,440 shares in the last quarter. Mason Street Advisors LLC raised its position in shares of Vitamin Shoppe by 7.0% in the first quarter. Mason Street Advisors LLC now owns 5,569 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 366 shares in the last quarter. Capstone Asset Management Co. raised its position in shares of Vitamin Shoppe by 3.5% in the second quarter. Capstone Asset Management Co. now owns 14,040 shares of the specialty retailer’s stock valued at $164,000 after buying an additional 470 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Vitamin Shoppe during the first quarter valued at about $208,000. Finally, Arizona State Retirement System raised its position in shares of Vitamin Shoppe by 0.8% in the first quarter. Arizona State Retirement System now owns 12,360 shares of the specialty retailer’s stock valued at $249,000 after buying an additional 100 shares in the last quarter.
Vitamin Shoppe Company Profile
Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats.
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