Analysts Set Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Price Target at $12.20

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) have been assigned a consensus rating of “Hold” from the seven research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $11.60.

Several brokerages recently commented on NGVC. Royal Bank Of Canada set a $14.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a research note on Tuesday, August 1st. Jefferies Group LLC set a $6.00 target price on Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a report on Friday. Zacks Investment Research lowered Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Wolfe Research upgraded Natural Grocers by Vitamin Cottage from an “underperform” rating to a “market perform” rating in a report on Monday.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. River Road Asset Management LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 36.8% in the first quarter. River Road Asset Management LLC now owns 1,064,901 shares of the specialty retailer’s stock worth $11,064,000 after buying an additional 286,661 shares in the last quarter. Royce & Associates LP raised its stake in shares of Natural Grocers by Vitamin Cottage by 25.8% in the second quarter. Royce & Associates LP now owns 824,694 shares of the specialty retailer’s stock worth $6,820,000 after buying an additional 169,046 shares in the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Natural Grocers by Vitamin Cottage during the first quarter worth $6,762,000. Rockshelter Capital Management LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 0.3% in the first quarter. Rockshelter Capital Management LLC now owns 381,431 shares of the specialty retailer’s stock worth $3,963,000 after buying an additional 1,120 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Natural Grocers by Vitamin Cottage by 22.7% in the fourth quarter. Renaissance Technologies LLC now owns 362,300 shares of the specialty retailer’s stock worth $4,308,000 after buying an additional 67,000 shares in the last quarter. Institutional investors own 33.03% of the company’s stock.

Shares of Natural Grocers by Vitamin Cottage (NGVC) traded up 0.84% on Monday, hitting $6.00. 464,662 shares of the company traded hands. The stock’s 50-day moving average price is $8.30 and its 200-day moving average price is $10.36. Natural Grocers by Vitamin Cottage has a 12 month low of $5.90 and a 12 month high of $13.79. The company has a market capitalization of $134.78 million, a PE ratio of 14.63 and a beta of 0.88.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by $0.08. The firm had revenue of $194.70 million during the quarter, compared to the consensus estimate of $196.26 million. Natural Grocers by Vitamin Cottage had a net margin of 0.95% and a return on equity of 5.50%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.12 EPS. On average, equities analysts predict that Natural Grocers by Vitamin Cottage will post $0.32 earnings per share for the current year.

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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