Natural Grocers by Vitamin Cottage (NGVC) Receiving Somewhat Positive Media Coverage, Study Shows
News coverage about Natural Grocers by Vitamin Cottage (NYSE:NGVC) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Natural Grocers by Vitamin Cottage earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 45.1159189454984 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
NGVC has been the topic of a number of research reports. Jefferies Group LLC reiterated a “hold” rating and issued a $12.00 price target on shares of Natural Grocers by Vitamin Cottage in a research note on Monday, May 1st. Deutsche Bank AG reiterated a “hold” rating and issued a $8.00 price target (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a research note on Wednesday, August 9th. Royal Bank Of Canada reiterated a “hold” rating and issued a $15.00 price target on shares of Natural Grocers by Vitamin Cottage in a research note on Friday, June 30th. TheStreet lowered shares of Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a research note on Monday, August 21st. Finally, Zacks Investment Research downgraded shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Wednesday, May 3rd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company. Natural Grocers by Vitamin Cottage currently has an average rating of “Hold” and a consensus price target of $9.92.
Natural Grocers by Vitamin Cottage (NGVC) traded up 4.38% during mid-day trading on Friday, reaching $6.20. 175,881 shares of the company’s stock were exchanged. Natural Grocers by Vitamin Cottage has a 52-week low of $5.50 and a 52-week high of $13.79. The stock has a market cap of $139.09 million, a price-to-earnings ratio of 19.56 and a beta of 0.88. The company has a 50-day moving average of $7.26 and a 200-day moving average of $9.56.
Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.08. The firm had revenue of $194.70 million during the quarter, compared to analysts’ expectations of $196.26 million. Natural Grocers by Vitamin Cottage had a return on equity of 1.81% and a net margin of 0.31%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 earnings per share. Equities research analysts anticipate that Natural Grocers by Vitamin Cottage will post $0.30 earnings per share for the current year.
In related news, insider Kemper Isely acquired 5,400 shares of the business’s stock in a transaction on Tuesday, August 8th. The stock was acquired at an average cost of $6.19 per share, with a total value of $33,426.00. Following the acquisition, the insider now directly owns 3,118,302 shares in the company, valued at approximately $19,302,289.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Elizabeth Isely acquired 5,993 shares of the business’s stock in a transaction on Friday, August 11th. The shares were bought at an average cost of $6.39 per share, with a total value of $38,295.27. Following the completion of the acquisition, the insider now owns 1,269,306 shares in the company, valued at $8,110,865.34. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 14,393 shares of company stock valued at $89,721. Insiders own 60.30% of the company’s stock.
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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.
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