Vitamin Shoppe Inc (NYSE:VSI) dropped 5.1% during mid-day trading on Tuesday . The stock traded as low as $4.63 and last traded at $4.65. Approximately 808,101 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 873,320 shares. The stock had previously closed at $4.90.

VSI has been the topic of several research analyst reports. Zacks Investment Research upgraded Vitamin Shoppe from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. ValuEngine upgraded Vitamin Shoppe from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Morgan Stanley cut their price objective on Vitamin Shoppe from $7.50 to $4.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Finally, Barclays cut their price objective on Vitamin Shoppe from $6.00 to $3.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Four investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $5.00.

The company has a current ratio of 2.07, a quick ratio of 0.32 and a debt-to-equity ratio of 0.59. The firm has a market cap of $111.50, a price-to-earnings ratio of -0.46 and a beta of 0.68.

Vitamin Shoppe (NYSE:VSI) last issued its quarterly earnings results on Wednesday, November 8th. The specialty retailer reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ 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 company had revenue of $288.20 million for the quarter, compared to analysts’ expectations of $297.61 million. During the same quarter last year, the company earned $0.50 EPS. Vitamin Shoppe’s revenue for the quarter was down 8.5% compared to the same quarter last year. research analysts expect that Vitamin Shoppe Inc will post 0.34 earnings per share for the current year.

In related news, major shareholder Vintage Capital Management Llc purchased 133,804 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were bought at an average price of $4.28 per share, for a total transaction of $572,681.12. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In the last 90 days, insiders have acquired 694,839 shares of company stock worth $3,214,809. 1.07% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. increased its holdings in Vitamin Shoppe by 106.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 667,112 shares of the specialty retailer’s stock worth $2,936,000 after purchasing an additional 343,326 shares during the period. California Public Employees Retirement System increased its holdings in Vitamin Shoppe by 71.4% during the 3rd quarter. California Public Employees Retirement System now owns 140,727 shares of the specialty retailer’s stock worth $753,000 after purchasing an additional 58,627 shares during the period. KBC Group NV increased its holdings in Vitamin Shoppe by 46.7% during the 3rd quarter. KBC Group NV now owns 107,786 shares of the specialty retailer’s stock worth $577,000 after purchasing an additional 34,301 shares during the period. Trexquant Investment LP acquired a new position in shares of Vitamin Shoppe during the 3rd quarter worth about $243,000. Finally, GMT Capital Corp acquired a new position in shares of Vitamin Shoppe during the 3rd quarter worth about $3,423,000. Institutional investors own 90.35% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was stolen and republished in violation of United States & international copyright & trademark law. The original version of this report can be viewed at https://www.watchlistnews.com/vitamin-shoppe-vsi-stock-price-down-5-1/1812298.html.

About Vitamin Shoppe

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.

Receive News & Ratings for Vitamin Shoppe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vitamin Shoppe and related companies with MarketBeat.com's FREE daily email newsletter.