Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) has earned a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $9.92.

A number of research firms have issued reports on NGVC. Jefferies Group LLC set a $6.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a research report on Friday, August 4th. Zacks Investment Research downgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “sell” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada set a $14.00 target price on Natural Grocers by Vitamin Cottage and gave the stock a “hold” rating in a research report on Tuesday, August 1st. Citigroup Inc. decreased their target price on 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. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $8.00 target price (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a research report on Wednesday, August 9th.

Shares of Natural Grocers by Vitamin Cottage (NYSE:NGVC) traded down $0.01 during trading hours on Thursday, hitting $4.96. The stock had a trading volume of 103,473 shares, compared to its average volume of 137,007. The firm has a market cap of $111.28, a PE ratio of 15.50, a P/E/G ratio of 2.44 and a beta of 0.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.40 and a quick ratio of 0.14.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, August 3rd. The specialty retailer reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.08). The business had revenue of $194.70 million during the quarter, compared to analysts’ expectations of $196.26 million. Natural Grocers by Vitamin Cottage had a net margin of 0.95% and a return on equity of 5.50%. Natural Grocers by Vitamin Cottage’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. equities research analysts anticipate that Natural Grocers by Vitamin Cottage will post 0.31 earnings per share for the current year.

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In other Natural Grocers by Vitamin Cottage news, CFO Sandra Buffa sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $5.53, for a total transaction of $553,000.00. Following the sale, the chief financial officer now owns 135,091 shares in the company, valued at $747,053.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kemper Isely acquired 5,400 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were purchased at an average price of $6.19 per share, for a total transaction of $33,426.00. Following the purchase, the insider now directly owns 3,118,302 shares of the company’s stock, valued at $19,302,289.38. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 14,393 shares of company stock worth $89,721. Insiders own 60.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in NGVC. Nationwide Fund Advisors raised its stake 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 valued at $100,000 after buying an additional 10,600 shares in the last quarter. Tudor Investment Corp ET AL acquired a new stake in Natural Grocers by Vitamin Cottage during the second quarter valued at approximately $108,000. PNC Financial Services Group Inc. raised its stake in Natural Grocers by Vitamin Cottage by 171.0% during the first quarter. PNC Financial Services Group Inc. now owns 10,840 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 6,840 shares in the last quarter. New York State Common Retirement Fund raised its stake 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 valued at $126,000 after buying an additional 2,293 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Natural Grocers by Vitamin Cottage by 102.5% during the first quarter. Wells Fargo & Company MN now owns 13,086 shares of the specialty retailer’s stock valued at $136,000 after buying an additional 6,623 shares in the last quarter. Hedge funds and other institutional investors own 32.30% of the company’s stock.

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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