Equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) will post sales of $194.30 million for the current quarter, Zacks reports. Four analysts have provided estimates for Natural Grocers by Vitamin Cottage’s earnings, with estimates ranging from $192.70 million to $196.50 million. Natural Grocers by Vitamin Cottage posted sales of $181.04 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.3%. The business is expected to issue its next earnings results on Thursday, November 16th.

On average, analysts expect that Natural Grocers by Vitamin Cottage will report full year sales of $194.30 million for the current financial year, with estimates ranging from $763.19 million to $767.00 million. For the next financial year, analysts forecast that the company will report sales of $803.89 million per share, with estimates ranging from $796.10 million to $814.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side 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 Zacks’ consensus estimate of $0.11 by ($0.08). Natural Grocers by Vitamin Cottage had a net margin of 0.95% and a return on equity of 5.50%. The firm had revenue of $194.70 million for the quarter, compared to analyst estimates of $196.26 million. During the same period in the previous year, the business posted $0.12 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year.

NGVC has been the topic of several recent research reports. Citigroup Inc. reduced their price objective on Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating on the stock in a research report on Monday, August 14th. TheStreet lowered Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a research report on Monday, August 21st. Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. Jefferies Group LLC set a $6.00 price objective on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a research report on Friday, August 4th. Finally, Royal Bank Of Canada set a $14.00 price objective on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a research report on Tuesday, August 1st. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $9.92.

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Shares of Natural Grocers by Vitamin Cottage (NYSE NGVC) traded down 0.57% during mid-day trading on Monday, hitting $5.23. The stock had a trading volume of 26,019 shares. The firm has a 50 day moving average price of $5.54 and a 200-day moving average price of $7.95. The stock has a market cap of $117.33 million, a P/E ratio of 16.50 and a beta of 0.92. Natural Grocers by Vitamin Cottage has a 12 month low of $4.79 and a 12 month high of $13.79.

In related news, insider Kemper Isely bought 5,400 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The stock was bought at an average cost of $6.19 per share, for a total transaction of $33,426.00. Following the acquisition, the insider now directly owns 3,118,302 shares of the company’s stock, valued at approximately $19,302,289.38. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sandra Buffa sold 100,000 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $5.53, for a total value of $553,000.00. Following the sale, the chief financial officer now owns 135,091 shares of the company’s stock, valued at $747,053.23. The disclosure for this sale can be found here. Insiders have bought a total of 14,393 shares of company stock worth $89,721 over the last quarter. Corporate insiders own 60.30% of the company’s stock.

A number of hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC boosted its holdings in Natural Grocers by Vitamin Cottage by 2.7% during the 1st quarter. Citadel Advisors LLC now owns 32,265 shares of the specialty retailer’s stock valued at $335,000 after acquiring an additional 847 shares during the period. Northern Trust Corp boosted its holdings in Natural Grocers by Vitamin Cottage by 1.0% during the 2nd quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock valued at $857,000 after acquiring an additional 1,056 shares during the period. New York State Common Retirement Fund boosted its holdings in Natural Grocers by Vitamin Cottage by 17.7% during the 2nd quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock valued at $126,000 after acquiring an additional 2,293 shares during the period. Bank of New York Mellon Corp boosted its holdings in Natural Grocers by Vitamin Cottage by 4.3% during the 1st quarter. Bank of New York Mellon Corp now owns 81,434 shares of the specialty retailer’s stock valued at $846,000 after acquiring an additional 3,382 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in Natural Grocers by Vitamin Cottage by 102.5% during the 1st quarter. Wells Fargo & Company MN now owns 13,086 shares of the specialty retailer’s stock valued at $136,000 after acquiring an additional 6,623 shares during the period. Institutional investors own 32.30% of the company’s stock.

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.

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