Natural Grocers by Vitamin Cottage (NYSE:NGVC) was upgraded by TheStreet from a “d+” rating to a “c” rating in a report issued on Friday.

Several other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research report on Thursday, November 30th. Royal Bank Of Canada reissued a “hold” rating and issued a $11.00 price objective on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Deutsche Bank dropped their price objective on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a research report on Friday, November 17th. Citigroup dropped their price objective on shares of 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. Finally, Wolfe Research raised shares of Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a research report on Monday, August 7th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Natural Grocers by Vitamin Cottage currently has a consensus rating of “Hold” and an average target price of $8.70.

Natural Grocers by Vitamin Cottage (NYSE NGVC) traded up $0.36 during trading hours on Friday, reaching $8.21. 289,300 shares of the company’s stock were exchanged, compared to its average volume of 145,791. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.14 and a current ratio of 1.40. The stock has a market capitalization of $176.22, a P/E ratio of 25.32, a P/E/G ratio of 4.74 and a beta of 1.09. Natural Grocers by Vitamin Cottage has a 12 month low of $4.79 and a 12 month high of $13.79.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.28%. The company had revenue of $198.50 million during the quarter, compared to analyst estimates of $193.76 million. During the same quarter in the prior year, the business earned $0.07 earnings per share. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. research analysts anticipate that Natural Grocers by Vitamin Cottage will post 0.24 earnings per share for the current year.

In related news, CFO Sandra Buffa sold 100,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $5.53, for a total transaction of $553,000.00. Following the completion of the sale, the chief financial officer now directly owns 135,091 shares of the company’s stock, valued at approximately $747,053.23. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 60.00% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NGVC. Nationwide Fund Advisors grew its holdings in Natural Grocers by Vitamin Cottage by 144.4% during the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock valued at $100,000 after purchasing an additional 10,600 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at $108,000. Trexquant Investment LP acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $125,000. New York State Common Retirement Fund grew 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 purchasing an additional 2,293 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter valued at $187,000. 25.77% of the stock is owned by institutional investors and hedge funds.

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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.

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

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