Natural Grocers by Vitamin Cottage Inc (NGVC) is Initiated by Citigroup to Buy

Natural Grocers by Vitamin Cottage Inc (NGVC) was Initiated by Citigroup to “Buy”. Citigroup advised their investors in a research report released on Oct 11, 2016.

On the company’s financial health, Natural Grocers by Vitamin Cottage Inc reported $0.12 EPS for the quarter, based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus estimate of $0.12. The company had revenue of $179.27 million for the quarter, compared to analysts expectations of $178.62 million. The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

Natural Grocers by Vitamin Cottage Inc opened for trading at $11.73 and hit $11.78 on the upside on Friday, eventually ending the session at $11.75, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 73,634 shares. Company has a market cap of $264 M.

In a different news, on Aug 4, 2016, Edward Cerkovnik (director) purchased 4,000 shares at $12.85 per share price. According to the SEC, 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 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

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