Natural Grocers by Vitamin Cottage (NYSE:NGVC) Issues FY 2024 Earnings Guidance

Natural Grocers by Vitamin Cottage (NYSE:NGVC) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 1.080-1.180 for the period. The company issued revenue guidance of -.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NGVC traded down $0.03 during mid-day trading on Thursday, hitting $17.86. The company’s stock had a trading volume of 56,580 shares, compared to its average volume of 59,259. The company has a current ratio of 0.90, a quick ratio of 0.17 and a debt-to-equity ratio of 0.42. The firm has a 50-day simple moving average of $17.00 and a 200 day simple moving average of $15.88. The firm has a market capitalization of $406.32 million, a P/E ratio of 15.26 and a beta of 1.17. Natural Grocers by Vitamin Cottage has a 1-year low of $10.39 and a 1-year high of $19.34.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.34 EPS for the quarter. The business had revenue of $301.75 million during the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 16.69% and a net margin of 2.29%. Analysts predict that Natural Grocers by Vitamin Cottage will post 1.07 EPS for the current fiscal year.

Insider Activity

In related news, CFO Todd Dissinger sold 15,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $15.30, for a total transaction of $229,500.00. Following the completion of the transaction, the chief financial officer now directly owns 37,069 shares of the company’s stock, valued at $567,155.70. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 59.40% of the company’s stock.

About Natural Grocers by Vitamin Cottage

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; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; 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.