Natural Alternatives International (NASDAQ:NAII) Posts Earnings Results

Natural Alternatives International (NASDAQ:NAII) announced its quarterly earnings data on Friday. The company reported ($0.41) earnings per share for the quarter, FiscalAI reports. The business had revenue of $28.12 million during the quarter. Natural Alternatives International had a negative return on equity of 16.51% and a negative net margin of 14.52%.

Natural Alternatives International Trading Up 1.7%

Shares of NASDAQ:NAII traded up $0.02 during trading on Friday, reaching $0.97. 23,467 shares of the company traded hands, compared to its average volume of 27,402. The firm has a market capitalization of $6.05 million, a price-to-earnings ratio of -0.28 and a beta of 0.42. Natural Alternatives International has a 52-week low of $0.93 and a 52-week high of $4.96. The company has a current ratio of 1.73, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average is $1.44 and its 200-day moving average is $2.32.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Natural Alternatives International stock. Integrated Wealth Concepts LLC boosted its position in shares of Natural Alternatives International, Inc. (NASDAQ:NAII) by 267.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,093 shares of the company’s stock after buying an additional 32,093 shares during the quarter. Integrated Wealth Concepts LLC owned approximately 0.70% of Natural Alternatives International worth $105,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 32.40% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Natural Alternatives International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, October 14th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Natural Alternatives International

Natural Alternatives International, Inc. is a contract manufacturer and developer of nutritional supplements. The company provides formulation, product development, sourcing, manufacturing, packaging and related services for customers in the dietary supplement, sports nutrition and health and wellness markets. NAI produces a broad range of supplement formats and custom products, including vitamins, minerals, herbs, amino acids, protein-based products, tablets, capsules and powders. The company also develops and commercializes branded ingredients, including CarnoSyn beta-alanine, which is used in sports nutrition and performance-oriented formulations.