Natural Grocers by Vitamin Cottage (NYSE:NGVC) Trading Up 7.5% – Should You Buy?

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC)’s stock price shot up 7.5% during mid-day trading on Tuesday . The company traded as high as $29.52 and last traded at $29.52. 72,361 shares traded hands during trading, an increase of 1% from the average session volume of 71,709 shares. The stock had previously closed at $27.45.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Wednesday.

Natural Grocers by Vitamin Cottage Stock Up 1.6 %

The company has a debt-to-equity ratio of 0.36, a current ratio of 0.96 and a quick ratio of 0.18. The business has a 50 day simple moving average of $27.44 and a 200 day simple moving average of $23.76. The stock has a market cap of $758.45 million, a PE ratio of 24.27 and a beta of 1.23.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings results on Thursday, August 8th. The specialty retailer reported $0.40 EPS for the quarter. The business had revenue of $309.08 million during the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 18.89% and a net margin of 2.54%. On average, equities research analysts forecast that Natural Grocers by Vitamin Cottage, Inc. will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage

Several institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC increased its holdings in shares of Natural Grocers by Vitamin Cottage by 9.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 34,475 shares of the specialty retailer’s stock valued at $622,000 after acquiring an additional 2,868 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Natural Grocers by Vitamin Cottage by 17.8% in the first quarter. GSA Capital Partners LLP now owns 34,621 shares of the specialty retailer’s stock worth $625,000 after buying an additional 5,230 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 8.0% during the 1st quarter. Empowered Funds LLC now owns 66,072 shares of the specialty retailer’s stock worth $1,193,000 after buying an additional 4,900 shares during the period. State Board of Administration of Florida Retirement System acquired a new position in Natural Grocers by Vitamin Cottage in the 1st quarter valued at $216,000. Finally, First Eagle Investment Management LLC raised its holdings in Natural Grocers by Vitamin Cottage by 3.7% in the 1st quarter. First Eagle Investment Management LLC now owns 84,951 shares of the specialty retailer’s stock worth $1,533,000 after acquiring an additional 3,050 shares during the period. Institutional investors and hedge funds own 31.99% 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.