Equities analysts expect that Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) will report earnings per share of $0.05 for the current quarter, Zacks reports. Four analysts have made estimates for Natural Grocers by Vitamin Cottage’s earnings. The highest EPS estimate is $0.07 and the lowest is $0.03. Natural Grocers by Vitamin Cottage posted earnings of $0.07 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 28.6%. The firm is expected to report its next quarterly earnings results on Thursday, November 16th.

According to Zacks, analysts expect that Natural Grocers by Vitamin Cottage will report full year earnings of $0.31 per share for the current financial year, with EPS estimates ranging from $0.28 to $0.32. For the next year, analysts anticipate that the firm will report earnings of $0.29 per share, with EPS estimates ranging from $0.22 to $0.35. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Natural Grocers by Vitamin Cottage.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings results on Thursday, August 3rd. The specialty retailer reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.08). Natural Grocers by Vitamin Cottage had a return on equity of 5.50% and a net margin of 0.95%. The business had revenue of $194.70 million during the quarter, compared to analysts’ expectations of $196.26 million. During the same quarter in the previous year, the company posted $0.12 EPS. The company’s quarterly revenue was up 8.6% on a year-over-year basis.

NGVC has been the subject of a number of research reports. Citigroup Inc. decreased their target price on shares of 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. TheStreet cut shares of Natural Grocers by Vitamin Cottage from a “c” rating to a “d+” rating in a report on Monday, August 21st. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Jefferies Group LLC set a $6.00 price objective on shares of Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Friday, August 4th. Finally, Royal Bank Of Canada set a $14.00 price objective on shares of Natural Grocers by Vitamin Cottage and gave the company a “hold” rating in a report on Tuesday, August 1st. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $9.92.

WARNING: This news story was originally published by Watch List News and is owned by of Watch List News. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://www.watchlistnews.com/natural-grocers-by-vitamin-cottage-inc-ngvc-expected-to-post-earnings-of-0-05-per-share/1645116.html.

In related news, insider Elizabeth Isely bought 5,993 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was acquired at an average price of $6.39 per share, with a total value of $38,295.27. Following the completion of the purchase, the insider now directly owns 1,269,306 shares of the company’s stock, valued at $8,110,865.34. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kemper Isely bought 5,400 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were bought at an average cost of $6.19 per share, with a total value 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. Insiders acquired 14,393 shares of company stock valued at $89,721 in the last ninety days. 60.30% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC increased its stake in shares of Natural Grocers by Vitamin Cottage by 2.7% during the first quarter. Citadel Advisors LLC now owns 32,265 shares of the specialty retailer’s stock worth $335,000 after purchasing an additional 847 shares in the last quarter. Northern Trust Corp increased its stake in shares of Natural Grocers by Vitamin Cottage by 1.0% during the second quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock worth $857,000 after purchasing an additional 1,056 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of 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 purchasing an additional 2,293 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Natural Grocers by Vitamin Cottage by 4.3% during the first quarter. Bank of New York Mellon Corp now owns 81,434 shares of the specialty retailer’s stock worth $846,000 after purchasing an additional 3,382 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of 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 worth $136,000 after purchasing an additional 6,623 shares in the last quarter. 32.30% of the stock is owned by institutional investors and hedge funds.

Shares of Natural Grocers by Vitamin Cottage (NGVC) opened at 5.26 on Friday. Natural Grocers by Vitamin Cottage has a 52 week low of $5.16 and a 52 week high of $13.79. The firm has a 50-day moving average price of $5.54 and a 200-day moving average price of $7.95. The stock has a market cap of $118.00 million, a price-to-earnings ratio of 16.59 and a beta of 0.92.

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.

Get a free copy of the Zacks research report on Natural Grocers by Vitamin Cottage (NGVC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Natural Grocers by Vitamin Cottage Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.