Natural Grocers by Vitamin Cottage Inc (NGVC) Given Average Recommendation of “Hold” by Brokerages

Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has been assigned an average rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $8.17.

A number of research firms have commented on NGVC. Jefferies Group restated a “hold” rating on shares of Natural Grocers by Vitamin Cottage in a research report on Friday, February 2nd. Royal Bank of Canada upgraded Natural Grocers by Vitamin Cottage from a “sector perform” rating to an “outperform” rating and set a $11.00 price objective on the stock in a report on Wednesday, January 31st. Zacks Investment Research downgraded Natural Grocers by Vitamin Cottage from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. TheStreet upgraded Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a report on Friday, December 1st. Finally, Deutsche Bank cut their price objective on Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating on the stock in a report on Friday, November 17th.

Several hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 4th quarter valued at $745,000. Algert Global LLC acquired a new position in Natural Grocers by Vitamin Cottage during the 4th quarter worth $243,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Natural Grocers by Vitamin Cottage by 408.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,660 shares of the specialty retailer’s stock worth $167,000 after purchasing an additional 14,988 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Natural Grocers by Vitamin Cottage during the 3rd quarter worth $369,000. Finally, Dimensional Fund Advisors LP grew its stake in Natural Grocers by Vitamin Cottage by 29.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 579,663 shares of the specialty retailer’s stock worth $3,234,000 after purchasing an additional 131,173 shares in the last quarter. Hedge funds and other institutional investors own 25.85% of the company’s stock.

Shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at $7.26 on Friday. Natural Grocers by Vitamin Cottage has a 1 year low of $4.79 and a 1 year high of $12.65. The company has a quick ratio of 0.22, a current ratio of 1.53 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $158.00, a price-to-earnings ratio of 16.13, a price-to-earnings-growth ratio of 9.61 and a beta of 0.97.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, February 1st. The specialty retailer reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03). Natural Grocers by Vitamin Cottage had a net margin of 1.27% and a return on equity of 4.25%. The business had revenue of $202.48 million during the quarter, compared to analysts’ expectations of $195.86 million. equities research analysts expect that Natural Grocers by Vitamin Cottage will post 0.21 EPS for the current fiscal year.

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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.

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

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