Natural Grocers by Vitamin Cottage Inc to Post Q2 2018 Earnings of $0.10 Per Share, Jefferies Group Forecasts (NGVC)

Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) – Investment analysts at Jefferies Group lowered their Q2 2018 earnings estimates for Natural Grocers by Vitamin Cottage in a research note issued on Friday. Jefferies Group analyst C. Mandeville now anticipates that the specialty retailer will post earnings of $0.10 per share for the quarter, down from their previous estimate of $0.11. Jefferies Group also issued estimates for Natural Grocers by Vitamin Cottage’s Q1 2019 earnings at $0.07 EPS, Q2 2019 earnings at $0.11 EPS, Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.03 EPS and FY2022 earnings at $0.26 EPS.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, November 16th. The specialty retailer reported $0.06 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $198.50 million for the quarter, compared to analyst estimates 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 company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share.

NGVC has been the subject of several other research reports. Zacks Investment Research raised shares of Natural Grocers by Vitamin Cottage from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. Deutsche Bank reduced their price objective 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 note on Friday, November 17th. Royal Bank of Canada reaffirmed a “hold” rating and set a $11.00 price objective on shares of Natural Grocers by Vitamin Cottage in a research note on Monday, November 20th. Finally, TheStreet raised shares of Natural Grocers by Vitamin Cottage from a “d+” rating to a “c” rating in a research note on Friday, December 1st. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Natural Grocers by Vitamin Cottage currently has an average rating of “Hold” and a consensus price target of $8.70.

Shares of Natural Grocers by Vitamin Cottage (NGVC) traded down $0.09 during mid-day trading on Monday, reaching $8.42. 159,100 shares of the company’s stock traded hands, compared to its average volume of 115,680. The company has a market capitalization of $185.04, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 5.14 and a beta of 1.08. The company has a current ratio of 1.51, a quick ratio of 0.20 and a debt-to-equity ratio of 0.46. Natural Grocers by Vitamin Cottage has a twelve month low of $4.79 and a twelve month high of $13.79.

A number of hedge funds have recently added to or reduced their stakes in NGVC. Northern Trust Corp boosted its stake in shares of Natural Grocers by Vitamin Cottage by 1.0% in the 2nd quarter. Northern Trust Corp now owns 103,603 shares of the specialty retailer’s stock valued at $857,000 after purchasing an additional 1,056 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Natural Grocers by Vitamin Cottage by 17.7% in the 2nd quarter. New York State Common Retirement Fund now owns 15,284 shares of the specialty retailer’s stock valued at $126,000 after purchasing an additional 2,293 shares in the last quarter. Nationwide Fund Advisors boosted its stake in shares of Natural Grocers by Vitamin Cottage by 144.4% in the 3rd quarter. Nationwide Fund Advisors now owns 17,941 shares of the specialty retailer’s stock valued at $100,000 after purchasing an additional 10,600 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Natural Grocers by Vitamin Cottage by 75.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 26,916 shares of the specialty retailer’s stock valued at $223,000 after purchasing an additional 11,603 shares in the last quarter. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 2nd quarter valued at $108,000. 25.83% of the stock is owned by institutional investors and hedge funds.

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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.

Earnings History and Estimates for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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