ValuEngine Downgrades Vitamin Shoppe (VSI) to Hold
Vitamin Shoppe (NYSE:VSI) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Sunday.
Other equities research analysts have also issued reports about the stock. Barclays decreased their target price on shares of Vitamin Shoppe from $6.00 to $3.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 9th. Morgan Stanley decreased their target price on shares of Vitamin Shoppe from $7.50 to $4.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 9th. Finally, Zacks Investment Research upgraded shares of Vitamin Shoppe from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Four research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Vitamin Shoppe currently has a consensus rating of “Hold” and an average target price of $5.00.
Vitamin Shoppe (NYSE VSI) traded up $0.05 during trading hours on Friday, reaching $4.40. 616,046 shares of the company were exchanged, compared to its average volume of 507,543. Vitamin Shoppe has a 1 year low of $2.95 and a 1 year high of $24.85. The company has a current ratio of 2.07, a quick ratio of 0.32 and a debt-to-equity ratio of 0.59. The stock has a market cap of $105.50, a price-to-earnings ratio of -0.42 and a beta of 0.69.
Several large investors have recently added to or reduced their stakes in VSI. Eagle Asset Management raised its stake in shares of Vitamin Shoppe by 80.6% during the 3rd quarter. Eagle Asset Management now owns 5,855,854 shares of the specialty retailer’s stock worth $191,134,000 after buying an additional 2,612,583 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Vitamin Shoppe by 1.6% during the 4th quarter. California State Teachers Retirement System now owns 55,107 shares of the specialty retailer’s stock worth $1,802,000 after buying an additional 885 shares during the last quarter. Tocqueville Asset Management L.P. raised its stake in shares of Vitamin Shoppe by 28.6% during the 4th quarter. Tocqueville Asset Management L.P. now owns 42,946 shares of the specialty retailer’s stock worth $1,404,000 after buying an additional 9,547 shares during the last quarter. Leonard Capital Management Inc acquired a new position in shares of Vitamin Shoppe during the 4th quarter worth $3,434,000. Finally, Rhumbline Advisers raised its stake in shares of Vitamin Shoppe by 4.3% during the 4th quarter. Rhumbline Advisers now owns 45,118 shares of the specialty retailer’s stock worth $1,475,000 after buying an additional 1,855 shares during the last quarter. 90.35% of the stock is owned by institutional investors and hedge funds.
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About Vitamin Shoppe
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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