Natural Grocers by Vitamin Cottage (NYSE:NGVC) Hits New 52-Week Low – Here’s Why

Shares of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $30.55 and last traded at $30.89, with a volume of 20686 shares traded. The stock had previously closed at $31.93.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Wall Street Zen upgraded Natural Grocers by Vitamin Cottage from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Northcoast Research set a $54.00 price objective on Natural Grocers by Vitamin Cottage and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Natural Grocers by Vitamin Cottage in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Natural Grocers by Vitamin Cottage currently has an average rating of “Moderate Buy” and a consensus target price of $54.00.

Natural Grocers by Vitamin Cottage Stock Down 0.5%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 0.21. The firm has a market cap of $728.87 million, a PE ratio of 16.89 and a beta of 1.57. The business has a fifty day moving average price of $38.09 and a two-hundred day moving average price of $41.53.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.01. Natural Grocers by Vitamin Cottage had a return on equity of 23.47% and a net margin of 3.31%.The business had revenue of $328.71 million for the quarter, compared to the consensus estimate of $335.01 million. Natural Grocers by Vitamin Cottage has set its FY 2025 guidance at 1.900-1.950 EPS. On average, analysts anticipate that Natural Grocers by Vitamin Cottage, Inc. will post 1.61 EPS for the current fiscal year.

Natural Grocers by Vitamin Cottage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Tuesday, September 2nd were paid a $0.12 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 1.5%. Natural Grocers by Vitamin Cottage’s payout ratio is 25.53%.

Insiders Place Their Bets

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $40.00, for a total value of $80,000.00. Following the transaction, the insider directly owned 4,682 shares of the company’s stock, valued at $187,280. This represents a 29.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 58.80% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. acquired a new position in shares of Natural Grocers by Vitamin Cottage during the 1st quarter valued at about $14,006,000. Ophir Asset Management Pty Ltd bought a new stake in Natural Grocers by Vitamin Cottage during the 2nd quarter valued at approximately $8,560,000. Driehaus Capital Management LLC bought a new stake in Natural Grocers by Vitamin Cottage during the 1st quarter valued at approximately $6,528,000. Qube Research & Technologies Ltd boosted its stake in Natural Grocers by Vitamin Cottage by 76.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 233,167 shares of the specialty retailer’s stock valued at $9,152,000 after purchasing an additional 100,732 shares during the period. Finally, Lord Abbett & CO. LLC boosted its stake in Natural Grocers by Vitamin Cottage by 24.1% during the 1st quarter. Lord Abbett & CO. LLC now owns 497,268 shares of the specialty retailer’s stock valued at $19,990,000 after purchasing an additional 96,678 shares during the period. 31.99% of the stock is owned by institutional investors and hedge funds.

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.