Brokerage firm Jefferies Maintains its rating on Natural Grocers by Vitamin Cottage Inc(NYSE:NGVC). In a research note issued to the investors, the brokerage major Lowers the price-target to $15.00 per share. The shares have been rated Buy. The rating by Jefferies was issued on Sep 30, 2016.
In a different note, Barclays said it Initiates Coverage on Natural Grocers by Vitamin Cottage Inc, according to a research note issued on Sep 23, 2016. The shares have been rated ‘Equal-weight’ by the firm.
Natural Grocers by Vitamin Cottage Inc (NGVC) made into the market gainers list on Tuesdays trading session with the shares advancing 1.91% or 0.22 points. Due to strong positive momentum, the stock ended at $11.76, which is also near the day’s high of $11.81. The stock began the session at $11.52 and the volume stood at 71,113 shares. The 52-week high of the shares is $25.85 and the 52 week low is $10.6299. The company has a current market capitalization of $265 M and it has 2,25,03,644 shares in outstanding.
Natural Grocers by Vitamin Cottage Inc(NGVC) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $179.27M. Analysts had an estimated revenue of $179.15M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.12.
Several Insider Transactions has been reported to the SEC. On Aug 4, 2016, Edward Cerkovnik (director) purchased 4,000 shares at $12.85 per share price.Also, On May 26, 2016, Michael T Campbell (director) purchased 2,500 shares at $13.35 per share price.On May 12, 2016, Richard Halle (director) purchased 4,000 shares at $13.52 per share price, according to the Form-4 filing with the securities and exchange commission.
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 Companys 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 Companys 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 Companys subsidiaries include Vitamin Cottage Natural Food Markets Inc. and Vitamin Cottage Two Ltd. Liability Company and Natural Systems LLC.