Natural Grocers by Vitamin Cottage (NGVC) Rating Lowered to Sell at Zacks Investment Research

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

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 subject of a number of other research reports. Jefferies Group restated a “hold” rating on shares of Natural Grocers by Vitamin Cottage in a research report on Friday, February 2nd. Royal Bank of Canada reiterated a “hold” rating and set a $11.00 price target on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. TheStreet upgraded Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research report on Friday, December 1st. Deutsche Bank reduced their price target on Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a research report on Friday, November 17th. Finally, Barclays lowered Natural Grocers by Vitamin Cottage from an “equal weight” rating to an “underweight” rating in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $8.00.

Natural Grocers by Vitamin Cottage (NYSE NGVC) traded up $0.21 during trading hours on Wednesday, reaching $7.14. The company had a trading volume of 17,001 shares, compared to its average volume of 160,732. Natural Grocers by Vitamin Cottage has a twelve month low of $4.79 and a twelve month high of $12.65. The firm has a market cap of $154.88, a price-to-earnings ratio of 15.40, a P/E/G ratio of 9.39 and a beta of 0.97. The company has a quick ratio of 0.22, a current ratio of 1.53 and a debt-to-equity ratio of 0.45.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings data on Thursday, February 1st. The specialty retailer reported $0.04 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.03). Natural Grocers by Vitamin Cottage had a net margin of 1.27% and a return on equity of 4.25%. The company had revenue of $202.48 million for the quarter, compared to analyst estimates of $195.86 million. sell-side analysts forecast that Natural Grocers by Vitamin Cottage will post 0.21 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the business. Northern Trust Corp boosted its position in 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 boosted its position in 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. Two Sigma Investments LP boosted its position in Natural Grocers by Vitamin Cottage by 7.9% during the 4th quarter. Two Sigma Investments LP now owns 109,183 shares of the specialty retailer’s stock worth $975,000 after acquiring an additional 7,984 shares during the period. Geode Capital Management LLC boosted its position in Natural Grocers by Vitamin Cottage by 11.7% during the 4th quarter. Geode Capital Management LLC now owns 80,542 shares of the specialty retailer’s stock worth $719,000 after acquiring an additional 8,444 shares during the period. Finally, Nationwide Fund Advisors boosted its position in Natural Grocers by Vitamin Cottage by 144.4% during the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock worth $100,000 after acquiring an additional 10,600 shares during the period. Institutional investors own 25.79% 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.

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

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