Natural Grocers by Vitamin Cottage (NGVC) Announces Earnings Results, Beats Estimates By $0.06 EPS

Natural Grocers by Vitamin Cottage (NYSE:NGVC) announced its quarterly earnings results on Thursday. The specialty retailer reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.06, Morningstar.com reports. Natural Grocers by Vitamin Cottage had a return on equity of 6.70% and a net margin of 1.11%. The company had revenue of $221.52 million for the quarter. Natural Grocers by Vitamin Cottage updated its FY 2019 guidance to $0.33-0.40 EPS.

NGVC stock opened at $13.53 on Friday. Natural Grocers by Vitamin Cottage has a fifty-two week low of $6.73 and a fifty-two week 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 company has a market cap of $303.21 million, a price-to-earnings ratio of 36.57 and a beta of 0.99.

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



Hedge funds have recently bought and sold shares of the business. Quantamental Technologies LLC purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 4th quarter worth approximately $25,000. First Quadrant L P CA purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $105,000. Victory Capital Management Inc. purchased a new stake in shares of Natural Grocers by Vitamin Cottage in the 3rd quarter worth approximately $156,000. Bank of Montreal Can grew its stake in shares of Natural Grocers by Vitamin Cottage by 119.8% in the 4th quarter. Bank of Montreal Can now owns 9,421 shares of the specialty retailer’s stock worth $145,000 after buying an additional 5,135 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd grew its stake in shares of Natural Grocers by Vitamin Cottage by 91.6% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 11,925 shares of the specialty retailer’s stock worth $201,000 after buying an additional 5,700 shares during the last quarter. Hedge funds and other institutional investors own 38.62% of the company’s stock.

A number of brokerages recently issued reports on NGVC. Barclays restated a “hold” rating and set a $20.00 price target on shares of Natural Grocers by Vitamin Cottage in a report on Sunday, November 18th. Royal Bank of Canada set a $21.00 price target on Natural Grocers by Vitamin Cottage and gave the company a “buy” rating in a report on Friday, November 16th. One analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Natural Grocers by Vitamin Cottage has an average rating of “Buy” and a consensus price target of $19.25.

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

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