Natural Grocers by Vitamin Cottage Inc (NGVC) Releases Earnings Results, Beats Expectations By $0.01 EPS

Natural Grocers by Vitamin Cottage Inc (NGVC) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.16 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.15. The company posted revenue of $177.40 million in the period, compared to analysts expectations of $177.54 million. The company’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.

Many Wall Street Analysts have commented on Natural Grocers by Vitamin Cottage Inc. Shares were Reiterated by Deutsche Bank on Apr 21, 2016 to “Hold” and Lowered the Price Target to $ 15 from a previous price target of $20 .Shares were Downgraded by RBC Capital Mkts on Apr 21, 2016 to ” Sector Perform” and Lowered the Price Target to $ 16 from a previous price target of $29 .Deutsche Bank Initiated Natural Grocers by Vitamin Cottage Inc on Feb 10, 2016 to “Hold”, Price Target of the shares are set at $20.

Natural Grocers by Vitamin Cottage Inc opened for trading at $13 and hit $13.17 on the upside on Wednesday, eventually ending the session at $13.09, with a gain of 0.38% or 0.05 points. The heightened volatility saw the trading volume jump to 1,54,508 shares. Company has a market cap of $294 M.

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.

Natural Grocers by Vitamin Cottage Inc

Leave a Reply

Natural Grocers by Vitamin Cottage Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Natural Grocers by Vitamin Cottage Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.