Natural Grocers by Vitamin Cott (NYSE:NGVC):
Natural Grocers by Vitamin Cottage, Inc. Announces Fourth Quarter and Fiscal Year 2016 Earnings Conference Call and Webcast.
In the market the company is trading unchanged by 0.00 percent from yesterday’s close.
Shares last traded at $12.01 which is slightly above $11.56, the 50 day moving average and which is a tad under the 200 day moving average of $13.06. The 50 day moving average was up $0.45 or +3.86% and the 200 day average was down $-1.05.
The company currently has a P/E ratio of 21.07 and the market value is 270.14M. As of the last earnings report the EPS was $0.57 and is projected to be $0.52 for the current year with 22,493,000 shares now outstanding. Next quarter’s EPS is forecasted at $0.18 with next year’s EPS anticipated to be $0.54.
A few brokerages have provided guidance on Natural Grocers by Vitamin Cott of late. CItigroup initiated coverage with a rating of “Buy”. September 30 investment analysts at Jefferies made no change to the stock rating of “Buy” and lowered the price expectation from $19.00 to $15.00.
Equity analyst Barclays started covering the stock setting a rating of “Equal-weight” and price target of $12.00. On May 19 Jefferies maintained a company rating of “Buy” but lowered the price expectation to $19.00 from $31.00.
On April 21, 2016 the stock rating was changed to a “Sector Perform” by RBC Capital which was a cut from the previous “” rating. On February 10 analysts at Deutsche Bank began coverage of NGVC by announcing an initial rating of “Hold” and a price target of $20.00.