Natural Grocers by Vitamin Cottage (NYSE:NGVC) Earns Buy Rating from Analysts at Bank of America

Bank of America assumed coverage on shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) in a research note released on Friday, MarketBeat reports. The brokerage issued a buy rating and a $35.00 price target on the specialty retailer’s stock.

NGVC has been the subject of several other reports. Wall Street Zen cut shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, August 24th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $43.00.

Natural Grocers by Vitamin Cottage Stock Up 0.0%

NGVC opened at $30.99 on Friday. The firm has a market cap of $714.32 million, a P/E ratio of 15.04 and a beta of 1.30. The business’s fifty day simple moving average is $29.48 and its 200 day simple moving average is $28.77. Natural Grocers by Vitamin Cottage has a 52 week low of $23.47 and a 52 week high of $41.14. The company has a quick ratio of 0.25, a current ratio of 1.10 and a debt-to-equity ratio of 0.18.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, August 6th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.04). The firm had revenue of $334.74 million during the quarter, compared to analysts’ expectations of $347.17 million. Natural Grocers by Vitamin Cottage had a net margin of 3.55% and a return on equity of 21.11%. Natural Grocers by Vitamin Cottage has set its FY 2026 guidance at 2.070-2.110 EPS. As a group, equities research analysts anticipate that Natural Grocers by Vitamin Cottage will post 2.09 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Monday, August 17th were issued a $0.15 dividend. The ex-dividend date was Monday, August 17th. This represents a $0.60 dividend on an annualized basis and a yield of 1.9%. Natural Grocers by Vitamin Cottage’s dividend payout ratio (DPR) is presently 29.13%.

Hedge Funds Weigh In On Natural Grocers by Vitamin Cottage

A number of large investors have recently modified their holdings of the company. Tidal Investments LLC acquired a new position in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at about $672,000. Integrated Wealth Concepts LLC acquired a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter worth approximately $36,000. Squarepoint Ops LLC purchased a new position in Natural Grocers by Vitamin Cottage in the second quarter valued at approximately $349,000. Bank of America Corp DE purchased a new position in Natural Grocers by Vitamin Cottage in the second quarter valued at approximately $1,329,000. Finally, Man Group plc acquired a new position in Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $2,308,000. 31.99% of the stock is currently owned by hedge funds and other institutional investors.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc is a specialty retailer focused on natural and organic foods, dietary supplements, and health-oriented products. Its stores offer groceries such as fresh produce, meat, dairy, frozen foods, pantry staples, and bulk items, along with vitamins, nutritional supplements, body care products, and household goods.

The company emphasizes USDA-certified organic and non-genetically modified products, product-quality standards, and nutritional education. Many locations also provide free nutrition classes, educational materials, and guidance from credentialed nutrition professionals as part of the company’s focus on supporting healthy lifestyles.

Natural Grocers was founded in 1955 in Golden, Colorado, by Margaret and Philip Isely and remains family operated.