Natural Grocers by Vitamin Cottage (NYSE:NGVC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

According to Zacks, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado. “

NGVC has been the subject of a number of other reports. Deutsche Bank decreased their target price on shares of Natural Grocers by Vitamin Cottage from $8.00 to $6.00 and set a “hold” rating for the company in a research report on Friday, November 17th. Royal Bank of Canada reiterated a “hold” rating and issued a $11.00 price objective on shares of Natural Grocers by Vitamin Cottage in a research report on Monday, November 20th. Finally, TheStreet upgraded shares of Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research report on Friday, December 1st. Six analysts have rated the stock with a hold rating and one has given a buy rating to the company. Natural Grocers by Vitamin Cottage has a consensus rating of “Hold” and an average target price of $8.83.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) traded up $0.12 during midday trading on Friday, reaching $8.54. 49,182 shares of the company were exchanged, compared to its average volume of 95,393. The firm has a market capitalization of $190.85, a P/E ratio of 27.55, a PEG ratio of 10.17 and a beta of 1.08. Natural Grocers by Vitamin Cottage has a 52 week low of $4.79 and a 52 week high of $13.79. The company has a quick ratio of 0.20, a current ratio of 1.51 and a debt-to-equity ratio of 0.46.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its earnings results on Thursday, November 16th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The company had revenue of $198.50 million during the quarter, compared to the consensus estimate of $193.76 million. Natural Grocers by Vitamin Cottage had a net margin of 0.90% and a return on equity of 5.25%. The firm’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 earnings per share. equities analysts predict that Natural Grocers by Vitamin Cottage will post 0.24 earnings per share for the current year.

Several institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP raised its position in shares of Natural Grocers by Vitamin Cottage by 29.2% in the third quarter. Dimensional Fund Advisors LP now owns 579,663 shares of the specialty retailer’s stock worth $3,234,000 after acquiring an additional 131,173 shares during the period. Quantum Capital Management acquired a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $1,040,000. State Street Corp raised its position in shares of Natural Grocers by Vitamin Cottage by 9.9% in the second quarter. State Street Corp now owns 176,410 shares of the specialty retailer’s stock worth $1,460,000 after acquiring an additional 15,843 shares during the period. Northern Trust Corp raised its position in shares of Natural Grocers by Vitamin Cottage by 1.0% in the second quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock worth $857,000 after acquiring an additional 1,056 shares during the period. Finally, GMT Capital Corp acquired a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter worth about $509,000. Institutional investors and hedge funds own 25.83% of the company’s stock.

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Natural Grocers by Vitamin Cottage Company Profile

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.

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Analyst Recommendations for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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