Oppenheimer Holdings Weighs in on Natural Grocers by Vitamin Cottage, Inc.’s Q1 2018 Earnings (NGVC)

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) – Investment analysts at Oppenheimer Holdings issued their Q1 2018 earnings estimates for shares of Natural Grocers by Vitamin Cottage in a research report issued on Thursday. Oppenheimer Holdings analyst R. Parikh anticipates that the specialty retailer will post earnings of $0.06 per share for the quarter. Oppenheimer Holdings also issued estimates for Natural Grocers by Vitamin Cottage’s Q2 2018 earnings at $0.12 EPS, Q3 2018 earnings at $0.01 EPS, Q4 2018 earnings at $0.03 EPS and FY2019 earnings at $0.21 EPS.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its earnings results on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.28%. The company had revenue of $198.50 million during the quarter, compared to the consensus estimate of $193.76 million. During the same quarter in the prior year, the firm earned $0.07 EPS. The company’s revenue was up 9.7% compared to the same quarter last year. TRADEMARK VIOLATION WARNING: This report was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this report can be viewed at https://stocknewstimes.com/2017/11/20/oppenheimer-holdings-weighs-in-on-natural-grocers-by-vitamin-cottage-inc-s-q1-2018-earnings-ngvc.html.

NGVC has been the subject of a number of other research reports. Citigroup Inc. cut their target price 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 report on Monday, August 14th. Zacks Investment Research downgraded shares of Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Royal Bank Of Canada set a $14.00 price target on shares of Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Tuesday, August 1st. 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 report on Friday, August 4th. Finally, Wolfe Research upgraded shares of Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a report on Monday, August 7th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $9.30.

Shares of Natural Grocers by Vitamin Cottage (NGVC) opened at $6.25 on Monday. Natural Grocers by Vitamin Cottage 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 current ratio of 1.40 and a quick ratio of 0.14. The stock has a market cap of $140.30, a P/E ratio of 20.16, a price-to-earnings-growth ratio of 3.43 and a beta of 0.85.

In related news, CFO Sandra Buffa sold 100,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $5.53, for a total value of $553,000.00. Following the transaction, the chief financial officer now directly owns 135,091 shares in the company, valued at approximately $747,053.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 60.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of NGVC. Northern Trust Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 1.0% during the 2nd quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock worth $857,000 after acquiring an additional 1,056 shares during the period. New York State Common Retirement Fund lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 17.7% during the 2nd quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock worth $126,000 after acquiring an additional 2,293 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 4.3% during the 1st quarter. Bank of New York Mellon Corp now owns 81,434 shares of the specialty retailer’s stock worth $846,000 after acquiring an additional 3,382 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 102.5% during the 1st quarter. Wells Fargo & Company MN now owns 13,086 shares of the specialty retailer’s stock worth $136,000 after acquiring an additional 6,623 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 171.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,840 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 6,840 shares during the period. Institutional investors own 30.84% of the company’s stock.

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.

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

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