Natural Grocers by Vitamin Cottage (NGVC) Downgraded by Zacks Investment Research to “Sell”

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. “

A number of other analysts have also issued reports on the company. Barclays lowered Natural Grocers by Vitamin Cottage from an “equal weight” rating to an “underweight” rating in a report on Monday. Jefferies Group reiterated a “hold” rating on shares of Natural Grocers by Vitamin Cottage in a report on Friday, February 2nd. Royal Bank of Canada upgraded Natural Grocers by Vitamin Cottage from a “sector perform” rating to an “outperform” rating and set a $11.00 target price for the company in a report on Wednesday, January 31st. TheStreet upgraded Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a report on Friday, December 1st. Finally, Deutsche Bank lowered their target price on Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a report on Friday, November 17th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $8.00.

Shares of Natural Grocers by Vitamin Cottage (NGVC) opened at $6.90 on Wednesday. The company has a quick ratio of 0.22, a current ratio of 1.53 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $154.21, a P/E ratio of 15.33, a P/E/G ratio of 9.88 and a beta of 0.97. Natural Grocers by Vitamin Cottage has a twelve month low of $4.79 and a twelve month high of $12.65.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, February 1st. The specialty retailer reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.03). The firm had revenue of $202.48 million during the quarter, compared to analysts’ expectations of $195.86 million. Natural Grocers by Vitamin Cottage had a net margin of 1.27% and a return on equity of 4.25%. research analysts expect that Natural Grocers by Vitamin Cottage will post 0.21 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of NGVC. Nationwide Fund Advisors lifted its holdings in Natural Grocers by Vitamin Cottage by 144.4% during the third quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock worth $100,000 after buying an additional 10,600 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Natural Grocers by Vitamin Cottage during the second quarter worth $108,000. Trexquant Investment LP purchased a new stake in Natural Grocers by Vitamin Cottage during the third quarter worth $125,000. New York State Common Retirement Fund lifted its holdings in Natural Grocers by Vitamin Cottage by 17.7% during the second quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock worth $126,000 after buying an additional 2,293 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Natural Grocers by Vitamin Cottage by 408.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,660 shares of the specialty retailer’s stock worth $167,000 after buying an additional 14,988 shares during the period. Institutional investors own 25.79% 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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