Natural Grocers by Vitamin Cottage, Inc. (NGVC) to Release Earnings on Wednesday
Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 15th. Analysts expect Natural Grocers by Vitamin Cottage to post earnings of $0.05 per share for the quarter.
Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) opened at $5.11 on Wednesday. Natural Grocers by Vitamin Cottage, Inc. has a 12-month low of $4.79 and a 12-month high of $13.79. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.14 and a current ratio of 1.40. The stock has a market cap of $114.64, a P/E ratio of 15.50, a PEG ratio of 2.44 and a beta of 0.85.
In other news, CFO Sandra Buffa sold 100,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $5.53, for a total transaction of $553,000.00. Following the completion of the sale, the chief financial officer now directly owns 135,091 shares of the company’s stock, valued at approximately $747,053.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth Isely acquired 5,993 shares of the stock in a transaction dated 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 purchase, the insider now directly owns 1,269,306 shares in the company, valued at $8,110,865.34. The disclosure for this purchase can be found here. 60.00% of the stock is currently owned by insiders.
A hedge fund recently raised its stake in Natural Grocers by Vitamin Cottage stock. State Street Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 9.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 176,410 shares of the specialty retailer’s stock after acquiring an additional 15,843 shares during the quarter. State Street Corp owned about 0.79% of Natural Grocers by Vitamin Cottage worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 32.29% of the company’s stock.
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A number of equities research analysts have recently issued reports on the stock. Jefferies Group LLC set a $6.00 price target on shares of Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a research report on Friday, August 4th. Zacks Investment Research downgraded shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada set a $14.00 price objective on shares of Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a research note on Tuesday, August 1st. Citigroup Inc. dropped their price objective on shares of Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating for the company in a research note on Monday, August 14th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $8.00 price objective (down from $12.00) on shares of Natural Grocers by Vitamin Cottage in a research note on Wednesday, August 9th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $9.92.
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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