Analysts expect Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) to post $0.05 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have issued estimates for Natural Grocers by Vitamin Cottage’s earnings, with the lowest EPS estimate coming in at $0.03 and the highest estimate coming in at $0.07. Natural Grocers by Vitamin Cottage reported earnings of $0.07 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 28.6%. The firm is expected to report its next quarterly earnings results on Thursday, November 16th.

According to Zacks, analysts expect that Natural Grocers by Vitamin Cottage will report full-year earnings of $0.31 per share for the current year, with EPS estimates ranging from $0.28 to $0.32. For the next financial year, analysts expect that the company will report earnings of $0.29 per share, with EPS estimates ranging from $0.22 to $0.35. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Natural Grocers by Vitamin Cottage.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.08). The firm had revenue of $194.70 million for the quarter, compared to analysts’ expectations of $196.26 million. Natural Grocers by Vitamin Cottage had a net margin of 0.95% and a return on equity of 5.50%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.12 EPS.

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada restated a “hold” rating and issued a $15.00 target price on shares of Natural Grocers by Vitamin Cottage in a research report on Thursday, May 18th. Citigroup Inc. cut their target price on Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating for the company in a research report on Monday, August 14th. Jefferies Group LLC restated a “hold” rating and issued a $8.00 target price (down from $10.00) on shares of Natural Grocers by Vitamin Cottage in a research report on Friday, June 23rd. Zacks Investment Research downgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Finally, Wolfe Research upgraded Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a research report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $9.92.

TRADEMARK VIOLATION WARNING: “Analysts Expect Natural Grocers by Vitamin Cottage, Inc. (NGVC) Will Post Earnings of $0.05 Per Share” was originally reported by American Banking News and is the sole property of of American Banking News. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be read at https://www.americanbankingnews.com/2017/09/13/analysts-expect-natural-grocers-by-vitamin-cottage-inc-ngvc-will-post-earnings-of-0-05-per-share.html.

Shares of Natural Grocers by Vitamin Cottage (NYSE NGVC) traded up 0.89% during trading on Wednesday, hitting $5.66. The stock had a trading volume of 94,042 shares. The stock has a market cap of $126.98 million, a price-to-earnings ratio of 17.85 and a beta of 0.93. The company’s 50 day moving average price is $6.51 and its 200 day moving average price is $8.99. Natural Grocers by Vitamin Cottage has a 12 month low of $5.41 and a 12 month high of $13.79.

In related news, insider Elizabeth Isely acquired 5,993 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was bought at an average price of $6.39 per share, for a total transaction of $38,295.27. Following the transaction, the insider now owns 1,269,306 shares of the company’s stock, valued at $8,110,865.34. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kemper Isely acquired 5,400 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were bought at an average price of $6.19 per share, with a total value of $33,426.00. Following the transaction, the insider now directly owns 3,118,302 shares in the company, valued at approximately $19,302,289.38. The disclosure for this purchase can be found here. Insiders have bought a total of 14,393 shares of company stock valued at $89,721 in the last quarter. Insiders own 60.00% of the company’s stock.

Large investors have recently made changes to their positions in the company. Teachers Advisors LLC lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 57.5% in the fourth quarter. Teachers Advisors LLC now owns 32,276 shares of the specialty retailer’s stock valued at $384,000 after purchasing an additional 11,785 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of 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 purchasing an additional 1,604 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of 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 purchasing an additional 6,623 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 4.3% in the first quarter. Bank of New York Mellon Corp now owns 81,434 shares of the specialty retailer’s stock valued at $846,000 after purchasing an additional 3,382 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 19.8% in the first quarter. Ameriprise Financial Inc. now owns 171,814 shares of the specialty retailer’s stock valued at $1,785,000 after purchasing an additional 28,394 shares in the last quarter. Institutional investors own 32.30% of the company’s stock.

About Natural Grocers by Vitamin Cottage

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.

Get a free copy of the Zacks research report on Natural Grocers by Vitamin Cottage (NGVC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Natural Grocers by Vitamin Cottage Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage Inc. and related companies with MarketBeat.com's FREE daily email newsletter.