Gabelli Weighs in on Vitamin Shoppe, Inc’s FY2021 Earnings (VSI)
Vitamin Shoppe, Inc (NYSE:VSI) – Research analysts at Gabelli dropped their FY2021 earnings estimates for shares of Vitamin Shoppe in a research report issued on Thursday. Gabelli analyst D. Witkowski now anticipates that the specialty retailer will earn $1.10 per share for the year, down from their previous estimate of $1.15.
Several other analysts also recently weighed in on VSI. ValuEngine upgraded Vitamin Shoppe from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Morgan Stanley set a $8.00 price objective on Vitamin Shoppe and gave the company a “hold” rating in a report on Thursday, August 10th. Bank of America Corporation restated an “underperform” rating and issued a $5.00 price objective (down from $5.50) on shares of Vitamin Shoppe in a report on Wednesday, August 23rd. Zacks Investment Research upgraded Vitamin Shoppe from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Finally, Barclays PLC decreased their price objective on Vitamin Shoppe from $13.00 to $6.00 and set an “equal weight” rating for the company in a report on Thursday, August 10th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.00.
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Vitamin Shoppe (NYSE VSI) remained flat at $$3.50 during trading hours on Friday. The company’s stock had a trading volume of 709,300 shares, compared to its average volume of 511,542. Vitamin Shoppe has a 1-year low of $2.95 and a 1-year high of $26.60. The firm has a market capitalization of $83.92, a P/E ratio of 3.76 and a beta of 0.74. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.07 and a quick ratio of 0.34.
Vitamin Shoppe (NYSE:VSI) last released its earnings results on Wednesday, November 8th. The specialty retailer reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.20). Vitamin Shoppe had a positive return on equity of 6.17% and a negative net margin of 20.27%. The business had revenue of $288.20 million for the quarter, compared to the consensus estimate of $297.61 million. During the same quarter last year, the business posted $0.50 earnings per share. The firm’s revenue for the quarter was down 8.5% compared to the same quarter last year.
Several hedge funds have recently modified their holdings of the company. Trexquant Investment LP purchased a new stake in Vitamin Shoppe in the third quarter valued at approximately $243,000. GMT Capital Corp purchased a new stake in Vitamin Shoppe in the third quarter valued at approximately $3,423,000. Systematic Financial Management LP boosted its position in Vitamin Shoppe by 94.9% in the third quarter. Systematic Financial Management LP now owns 217,345 shares of the specialty retailer’s stock valued at $1,163,000 after buying an additional 105,855 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its position in Vitamin Shoppe by 335.7% in the third quarter. Dynamic Technology Lab Private Ltd now owns 77,389 shares of the specialty retailer’s stock valued at $414,000 after buying an additional 59,628 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in Vitamin Shoppe in the third quarter valued at approximately $101,000. Institutional investors and hedge funds own 98.39% of the company’s stock.
In other Vitamin Shoppe news, Director John D. Bowlin purchased 40,000 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were acquired at an average price of $5.50 per share, for a total transaction of $220,000.00. Following the completion of the purchase, the director now owns 56,028 shares of the company’s stock, valued at $308,154. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 1.07% of the stock is currently owned by insiders.
Vitamin Shoppe Company Profile
Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats.
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