Vitamin Cottage Natural Grocers (NGVC) Cut to Hold at ValuEngine

Vitamin Cottage Natural Grocers (NYSE:NGVC) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, May 2nd.

Several other analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Vitamin Cottage Natural Grocers from a “hold” rating to a “sell” rating in a report on Wednesday, April 4th. Royal Bank of Canada raised shares of Vitamin Cottage Natural Grocers from a “sector perform” rating to an “outperform” rating and set a $11.00 price objective on the stock in a report on Wednesday, January 31st. Jefferies Group reissued a “hold” rating on shares of Vitamin Cottage Natural Grocers in a report on Friday, February 2nd. Finally, Barclays cut shares of Vitamin Cottage Natural Grocers from an “equal weight” rating to an “underweight” rating in a report on Monday, February 12th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $8.00.

Shares of Vitamin Cottage Natural Grocers traded down $0.25, reaching $10.89, during mid-day trading on Wednesday, according to MarketBeat. The company’s stock had a trading volume of 1,736 shares, compared to its average volume of 127,207. The stock has a market capitalization of $243.32 million, a price-to-earnings ratio of 38.86, a price-to-earnings-growth ratio of 12.69 and a beta of 1.00. The company has a quick ratio of 0.22, a current ratio of 1.48 and a debt-to-equity ratio of 0.40. Vitamin Cottage Natural Grocers has a 1-year low of $10.49 and a 1-year high of $10.81.



Vitamin Cottage Natural Grocers (NYSE:NGVC) last released its quarterly earnings data on Thursday, May 3rd. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.02. The firm had revenue of $215.91 million during the quarter, compared to analysts’ expectations of $210.09 million. Vitamin Cottage Natural Grocers had a net margin of 1.28% and a return on equity of 4.47%. equities research analysts expect that Vitamin Cottage Natural Grocers will post 0.25 EPS for the current year.

A number of hedge funds have recently made changes to their positions in NGVC. Nationwide Fund Advisors raised its stake in Vitamin Cottage Natural Grocers by 144.4% in the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock valued at $100,000 after purchasing an additional 10,600 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of Vitamin Cottage Natural Grocers during the 3rd quarter valued at about $199,000. Dimensional Fund Advisors LP increased its stake in shares of Vitamin Cottage Natural Grocers by 29.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 579,663 shares of the specialty retailer’s stock valued at $3,234,000 after acquiring an additional 131,173 shares during the last quarter. GSA Capital Partners LLP acquired a new position in shares of Vitamin Cottage Natural Grocers during the 3rd quarter valued at about $369,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Vitamin Cottage Natural Grocers by 408.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,660 shares of the specialty retailer’s stock valued at $167,000 after acquiring an additional 14,988 shares during the last quarter. 29.36% of the stock is owned by hedge funds and other institutional investors.

Vitamin Cottage Natural Grocers Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food and private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

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

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