New York: Natural Grocers (NYSE:NGVC) Stock Has Just Had Its Buy Rating Reiterated by Citigroup. Shares now Have a $13 Target

June 12, 2018 - By Nellie Frank

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Logo

Investors sentiment decreased to 1.23 in 2018 Q1. Its down 0.25, from 1.48 in 2017Q4. It worsened, as 9 investors sold Natural Grocers by Vitamin Cottage, Inc. shares while 21 reduced holdings. 17 funds opened positions while 20 raised stakes. 7.22 million shares or 18.01% more from 6.12 million shares in 2017Q4 were reported.

New York-based State Bank Of New York Mellon has invested 0% in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). Alliancebernstein Lp accumulated 13,400 shares or 0% of the stock. Crestwood Advsrs Grp Incorporated Limited Liability holds 0.01% or 25,199 shares in its portfolio. Deutsche Commercial Bank Ag invested 0% of its portfolio in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) or 18,660 shares. Blackrock has invested 0% in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). Tower Capital Limited Co (Trc) invested in 0% or 13 shares. California Pub Employees Retirement Systems owns 13,157 shares. Moreover, Tudor Investment Et Al has 0% invested in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). National Bank Of Montreal Can has invested 0% in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). Renaissance Tech Limited Liability Company, a New York-based fund reported 210,800 shares. Jennison Llc holds 0% or 46,457 shares. Royal National Bank Of Canada holds 156,445 shares. Schwab Charles Inc invested 0% of its portfolio in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC). Panagora Asset Mngmt reported 9,213 shares stake.

Natural Grocers (NYSE:NGVC) Rating Reaffirmed

Research analysts at Citigroup now has a $13 price target on Natural Grocers (NYSE:NGVC). Citigroup and their recent price target would suggest a potential upside of 14.81 % from the company’s last stock close price. The rating has been revealed to investors in an analyst note on 12 June.

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Ratings Coverage

Among 3 analysts covering Natural Grocers (NYSE:NGVC), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Natural Grocers has $7.0 highest and $6.5 lowest target. $6.75’s average target is -40.39% below currents $11.3229 stock price. Natural Grocers had 3 analyst reports since January 31, 2018 according to SRatingsIntel. As per Friday, February 2, the company rating was maintained by Jefferies. The stock of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) has “Outperform” rating given on Wednesday, January 31 by RBC Capital Markets. The firm earned “Sell” rating on Monday, February 12 by Barclays Capital.

The stock increased 2.01% or $0.2229 during the last trading session, reaching $11.3229. About 38,599 shares traded. Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) has risen 9.73% since June 12, 2017 and is uptrending. It has underperformed by 2.84% the S&P500.

Analysts await Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) to report earnings on August, 2. They expect $0.02 earnings per share, down 33.33 % or $0.01 from last year’s $0.03 per share. NGVC’s profit will be $447,286 for 141.54 P/E if the $0.02 EPS becomes a reality. After $0.15 actual earnings per share reported by Natural Grocers by Vitamin Cottage, Inc. for the previous quarter, Wall Street now forecasts -86.67 % negative EPS growth.

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company has market cap of $253.23 million. The company??s stores offer natural and organic grocery products, such as organic produce; bulk food and 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. It has a 25.39 P/E ratio. The Company’s stores also provide private label dietary supplements; body care products comprising cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; books and handouts; and household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers.

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Institutional Positions Chart

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