Natural Grocers by Vitamin Cottage (NYSE:NGVC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado. “

NGVC has been the topic of a number of other reports. Citigroup cut their price target on shares of Natural Grocers by Vitamin Cottage from $10.50 to $7.50 and set a “buy” rating on the stock in a research report on Monday, August 14th. Royal Bank Of Canada reiterated a “hold” rating and issued a $11.00 price target on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Jefferies Group 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. Wolfe Research upgraded shares of Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a research report on Monday, August 7th. Finally, Deutsche Bank cut their price target on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating on the stock in a research report on Friday, November 17th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Natural Grocers by Vitamin Cottage presently has an average rating of “Hold” and a consensus target price of $8.70.

Natural Grocers by Vitamin Cottage (NGVC) opened at $7.85 on Thursday. The stock has a market cap of $176.44, a PE ratio of 25.35, a PEG ratio of 4.74 and a beta of 1.06. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.40 and a quick ratio of 0.14. Natural Grocers by Vitamin Cottage has a one year low of $4.79 and a one year high of $13.79.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The business had revenue of $198.50 million for the quarter, compared to the consensus estimate of $193.76 million. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.28%. Natural Grocers by Vitamin Cottage’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the company posted $0.07 EPS. sell-side analysts expect that Natural Grocers by Vitamin Cottage will post 0.24 earnings per share for the current fiscal year.

In other Natural Grocers by Vitamin Cottage news, CFO Sandra Buffa sold 100,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 135,091 shares in the company, valued at approximately $747,053.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 60.30% of the company’s stock.

Hedge funds have recently made changes to their positions in the business. Royce & Associates LP raised its holdings in Natural Grocers by Vitamin Cottage by 25.8% during the 2nd quarter. Royce & Associates LP now owns 824,694 shares of the specialty retailer’s stock worth $6,820,000 after buying an additional 169,046 shares during the period. Citadel Advisors LLC raised its holdings in Natural Grocers by Vitamin Cottage by 165.4% during the 2nd quarter. Citadel Advisors LLC now owns 85,640 shares of the specialty retailer’s stock worth $709,000 after buying an additional 53,375 shares during the period. Westfield Capital Management Co. LP raised its holdings in Natural Grocers by Vitamin Cottage by 17.5% during the 2nd quarter. Westfield Capital Management Co. LP now owns 764,614 shares of the specialty retailer’s stock worth $6,323,000 after buying an additional 113,759 shares during the period. Dimensional Fund Advisors LP raised its holdings in Natural Grocers by Vitamin Cottage by 32.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 345,599 shares of the specialty retailer’s stock worth $3,591,000 after buying an additional 84,957 shares during the period. Finally, Quantum Capital Management acquired a new stake in Natural Grocers by Vitamin Cottage during the 3rd quarter worth approximately $1,040,000. Hedge funds and other institutional investors own 25.47% 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.

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

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