Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $8.70.

Several research firms have issued reports on NGVC. Zacks Investment Research upgraded shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Royal Bank of Canada restated a “hold” rating and set a $11.00 target price on shares of Natural Grocers by Vitamin Cottage in a research note on Monday, November 20th. TheStreet upgraded shares of Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research note on Friday, December 1st. Finally, Deutsche Bank lowered their target price on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating on the stock in a research note on Friday, November 17th.

Institutional investors and hedge funds have recently bought and sold shares of the business. Tudor Investment Corp ET AL bought a new position in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at about $108,000. New York State Common Retirement Fund lifted its stake 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. Nationwide Fund Advisors lifted its stake in shares of Natural Grocers by Vitamin Cottage by 144.4% in the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock worth $100,000 after purchasing an additional 10,600 shares during the period. Trexquant Investment LP bought a new position in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $125,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Natural Grocers by Vitamin Cottage by 75.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 26,916 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 11,603 shares during the period. Institutional investors and hedge funds own 25.83% of the company’s stock.

Shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at $8.33 on Tuesday. Natural Grocers by Vitamin Cottage has a 1 year low of $4.79 and a 1 year high of $13.79. The company has a market cap of $186.16, a PE ratio of 26.87, a P/E/G ratio of 9.92 and a beta of 1.08. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.20 and a current ratio of 1.51.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 EPS for the quarter, beating the Thomson Reuters’ 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 5.25%. The company had revenue of $198.50 million for the quarter, compared to the consensus estimate of $193.76 million. During the same period in the prior year, the firm posted $0.07 EPS. Natural Grocers by Vitamin Cottage’s revenue for the quarter was up 9.7% on a year-over-year basis. equities analysts predict that Natural Grocers by Vitamin Cottage will post 0.24 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Natural Grocers by Vitamin Cottage Inc (NGVC) Receives Average Rating of “Hold” from Brokerages” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/16/natural-grocers-by-vitamin-cottage-inc-ngvc-receives-average-rating-of-hold-from-brokerages.html.

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)

Receive News & Ratings for Natural Grocers by Vitamin Cottage 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 and related companies with MarketBeat.com's FREE daily email newsletter.