Revenue Update on Natural Grocers by Vitamin Cottage Inc(NYSE:NGVC)

Natural Grocers by Vitamin Cottage Inc(NYSE:NGVC) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $179.27M. Analysts estimated a revenue of $179.15M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.12.

In a different note, On May 19, 2016, Jefferies said it Maintains its rating on Natural Grocers by Vitamin Cottage Inc. In the research note, the firm Lowers the price-target to $21.00 per share. The shares have been rated ‘Buy’ by the firm.

Natural Grocers by Vitamin Cottage Inc (NGVC) shares turned negative on Thursdays trading session with the shares closing down -0.1 points or -0.79% at a volume of 67,559. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.83. The peak price level was also seen at $12.83 while the days lowest was $12.48. Finally the shares closed at $12.56. The 52-week high of the shares is $26.92 while the 52-week low is $12.29. According to the latest information available, the market cap of the company is $283 M.

Several Insider Transactions has been reported to the SEC. On May 26, 2016, Michael T Campbell (director) purchased 2,500 shares at $13.35 per share price.Also, On May 12, 2016, Richard Halle (director) purchased 4,000 shares at $13.52 per share price.

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. Natural Grocers’ other products include body care pet care household and general merchandise and books and handouts. The Company’s 107000 square foot bulk food repackaging facility and distribution center is in Golden Colorado. The Company stock approximately 400 titles in its book department. Titles cover various approaches to diet lifestyle and health. The Company’s subsidiaries include Vitamin Cottage Natural Food Markets Inc. and Vitamin Cottage Two Ltd. Liability Company and Natural Systems LLC.

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