Barclays Lowers Natural Grocers by Vitamin Cottage (NGVC) to Underweight

Natural Grocers by Vitamin Cottage (NYSE:NGVC) was downgraded by stock analysts at Barclays from an “equal weight” rating to an “underweight” rating in a research report issued on Monday, The Fly reports.

Other research analysts also recently issued research reports about the company. Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating and set a $9.50 price target for the company in a research note on Thursday, January 18th. TheStreet upgraded Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research note on Friday, December 1st. Royal Bank of Canada restated a “hold” rating and issued a $11.00 target price on shares of Natural Grocers by Vitamin Cottage in a research note on Monday, November 20th. Deutsche Bank cut their target price on Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a research note on Friday, November 17th. Finally, Jefferies Group restated a “hold” rating on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $8.00.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) traded down $0.44 during mid-day trading on Monday, hitting $6.82. The stock had a trading volume of 245,304 shares, compared to its average volume of 173,104. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.53 and a quick ratio of 0.22. The company has a market cap of $162.26, a P/E ratio of 15.16, a price-to-earnings-growth ratio of 9.88 and a beta of 0.97. Natural Grocers by Vitamin Cottage has a 12 month low of $4.79 and a 12 month high of $12.65.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Nationwide Fund Advisors boosted its stake in 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. Tudor Investment Corp ET AL purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at about $108,000. Trexquant Investment LP purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter valued at about $125,000. New York State Common Retirement Fund raised its holdings in shares of Natural Grocers by Vitamin Cottage by 17.7% in 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 in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Natural Grocers by Vitamin Cottage by 408.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,660 shares of the specialty retailer’s stock valued at $167,000 after acquiring an additional 14,988 shares in the last quarter. Institutional investors and hedge funds own 25.79% of the company’s stock.

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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.

The Fly

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

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