Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) announced its quarterly earnings results on Thursday. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by $0.01. Natural Grocers by Vitamin Cottage had a net margin of 1.88% and a return on equity of 10.66%. The company had revenue of $181 million for the quarter, compared to analyst estimates of $184.32 million. During the same quarter last year, the business earned $0.13 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Natural Grocers by Vitamin Cottage updated its FY17 guidance to $0.50-0.58 EPS.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) opened at 11.64 on Friday. The company has a 50-day moving average price of $11.89 and a 200 day moving average price of $12.53. Natural Grocers by Vitamin Cottage has a 12 month low of $10.63 and a 12 month high of $22.43. The company has a market capitalization of $261.82 million, a PE ratio of 20.42 and a beta of 0.91.

Earnings History for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

Several equities analysts have commented on the company. Citigroup Inc. assumed coverage on Natural Grocers by Vitamin Cottage in a report on Tuesday, October 11th. They set a “buy” rating and a $14.00 price target on the stock. Barclays PLC assumed coverage on Natural Grocers by Vitamin Cottage in a report on Friday, September 23rd. They set an “equal weight” rating and a $12.00 price target on the stock. Jefferies Group set a $15.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “buy” rating in a report on Saturday, October 1st. Finally, Zacks Investment Research upgraded Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a report on Tuesday, September 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. Natural Grocers by Vitamin Cottage currently has a consensus rating of “Hold” and an average price target of $19.20.

Several hedge funds and other institutional investors have recently bought and sold shares of NGVC. River Road Asset Management LLC bought a new position in Natural Grocers by Vitamin Cottage during the third quarter valued at $4,669,000. Emerald Acquisition Ltd. bought a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at $1,032,000. Point72 Asset Management L.P. bought a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at $914,000. Ameriprise Financial Inc. bought a new position in Natural Grocers by Vitamin Cottage during the third quarter valued at $749,000. Finally, Citadel Advisors LLC raised its position in Natural Grocers by Vitamin Cottage by 569.8% in the third quarter. Citadel Advisors LLC now owns 49,330 shares of the company’s stock valued at $551,000 after buying an additional 59,830 shares during the period. 31.47% of the stock is currently owned by hedge funds and other institutional investors.

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.

5 Day Chart for NYSE:NGVC

Receive News & Stock Ratings for Natural Grocers by Vitamin Cottage Inc. 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 Inc. and related stocks with our FREE daily email newsletter.