Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) issued an update on its FY17 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.50-0.58 for the period, compared to the Thomson Reuters consensus estimate of $0.54.

Natural Grocers by Vitamin Cottage Inc. (NYSE:NGVC) opened at 11.64 on Friday. The stock has a 50 day moving average of $11.89 and a 200 day moving average of $12.53. Natural Grocers by Vitamin Cottage Inc. has a 1-year low of $10.63 and a 1-year high of $22.43. The stock has a market cap of $261.82 million, a P/E ratio of 20.42 and a beta of 0.91.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, November 17th. The company reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.01. The business earned $181 million during the quarter, compared to analysts’ expectations of $184.32 million. Natural Grocers by Vitamin Cottage had a return on equity of 10.66% and a net margin of 1.88%. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 earnings per share. Equities analysts anticipate that Natural Grocers by Vitamin Cottage Inc. will post $0.52 EPS for the current fiscal year.

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

NGVC has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Natural Grocers by Vitamin Cottage from a hold rating to a sell rating in a research report on Wednesday, September 14th. Barclays PLC started coverage on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, September 23rd. They issued an equal weight rating and a $12.00 price target on the stock. Jefferies Group set a $15.00 price target on shares of Natural Grocers by Vitamin Cottage and gave the stock a buy rating in a research note on Saturday, October 1st. Finally, Citigroup Inc. started coverage on shares of Natural Grocers by Vitamin Cottage in a research note on Tuesday, October 11th. They issued a buy rating and a $14.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $19.20.

Several institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Natural Grocers by Vitamin Cottage by 4.5% in the second quarter. Dimensional Fund Advisors LP now owns 252,808 shares of the company’s stock valued at $3,299,000 after buying an additional 10,943 shares during the period. BlackRock Investment Management LLC boosted its position in shares of Natural Grocers by Vitamin Cottage by 17.7% in the second quarter. BlackRock Investment Management LLC now owns 37,922 shares of the company’s stock valued at $495,000 after buying an additional 5,691 shares during the period. BlackRock Fund Advisors boosted its position in shares of Natural Grocers by Vitamin Cottage by 1.7% in the second quarter. BlackRock Fund Advisors now owns 239,232 shares of the company’s stock valued at $3,122,000 after buying an additional 4,015 shares during the period. BlackRock Group LTD boosted its position in shares of Natural Grocers by Vitamin Cottage by 265.1% in the second quarter. BlackRock Group LTD now owns 12,596 shares of the company’s stock valued at $164,000 after buying an additional 9,146 shares during the period. Finally, BlackRock Institutional Trust Company N.A. boosted its position in shares of Natural Grocers by Vitamin Cottage by 1.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 183,773 shares of the company’s stock valued at $2,398,000 after buying an additional 3,479 shares during the period. Hedge funds and other institutional investors own 31.47% of the company’s stock.

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

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