Natural Grocers by Vitamin Cottage (NGVC) Issues FY 2019 Earnings Guidance

Natural Grocers by Vitamin Cottage (NYSE:NGVC) updated its FY 2019 earnings guidance on Thursday. The company provided EPS guidance of $0.33-0.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.39.

Several research firms have recently issued reports on NGVC. Barclays reaffirmed a hold rating and issued a $17.00 price target on shares of Natural Grocers by Vitamin Cottage in a research report on Wednesday, January 9th. Royal Bank of Canada set a $21.00 price target on Natural Grocers by Vitamin Cottage and gave the stock a buy rating in a research report on Friday, November 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Natural Grocers by Vitamin Cottage has an average rating of Buy and an average target price of $19.25.

Shares of NGVC remained flat at $$14.00 during trading hours on Thursday. The stock had a trading volume of 160,900 shares, compared to its average volume of 172,012. Natural Grocers by Vitamin Cottage has a 12-month low of $6.73 and a 12-month high of $24.50. The company has a current ratio of 1.39, a quick ratio of 0.21 and a debt-to-equity ratio of 0.37. The stock has a market cap of $317.44 million, a price-to-earnings ratio of 37.84 and a beta of 0.99.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, November 15th. The specialty retailer reported $0.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.05. Natural Grocers by Vitamin Cottage had a return on equity of 5.85% and a net margin of 1.49%. The business had revenue of $217.52 million during the quarter. As a group, equities analysts anticipate that Natural Grocers by Vitamin Cottage will post 0.37 EPS for the current fiscal year.

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 10,000 shares of the business’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $19.00, for a total value of $190,000.00. Following the completion of the transaction, the insider now owns 12,682 shares of the company’s stock, valued at approximately $240,958. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Todd Dissinger sold 2,484 shares of the business’s stock in a transaction dated Wednesday, November 28th. The stock was sold at an average price of $21.50, for a total value of $53,406.00. Following the completion of the transaction, the chief financial officer now directly owns 4,431 shares of the company’s stock, valued at approximately $95,266.50. The disclosure for this sale can be found here. 59.90% of the stock is currently owned by insiders.

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Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; bulk food products; private label products; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

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