Vitamin Shoppe Inc. (VSI) Sees Large Volume Increase
Vitamin Shoppe Inc. (NYSE:VSI) saw unusually-high trading volume on Friday . Approximately 576,531 shares traded hands during trading, an increase of 151% from the previous session’s volume of 229,264 shares.The stock last traded at $29.26 and had previously closed at $29.51.
Several brokerages have commented on VSI. Goldman Sachs Group Inc. lowered shares of Vitamin Shoppe to a “hold” rating in a research report on Saturday, April 30th. Macquarie reaffirmed a “neutral” rating and issued a $40.00 price objective on shares of Vitamin Shoppe in a research report on Thursday, May 5th. Sterne Agee CRT reaffirmed a “neutral” rating on shares of Vitamin Shoppe in a research report on Monday, May 16th. Piper Jaffray Cos. reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of Vitamin Shoppe in a research report on Friday, April 15th. Finally, Zacks Investment Research raised shares of Vitamin Shoppe from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Tuesday, May 24th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $32.82.
The company has a market capitalization of $697.30 million and a price-to-earnings ratio of 16.68. The company has a 50-day moving average price of $30.81 and a 200-day moving average price of $29.90.
Vitamin Shoppe (NYSE:VSI) last announced its quarterly earnings results on Wednesday, May 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.02. The company had revenue of $336.80 million for the quarter, compared to analysts’ expectations of $339.76 million. The business’s revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 EPS. Equities analysts expect that Vitamin Shoppe Inc. will post $2.32 earnings per share for the current year.
In related news, Director Guillermo Marmol purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, May 31st. The shares were purchased at an average price of $30.23 per share, with a total value of $30,230.00. Following the acquisition, the director now directly owns 1,470 shares in the company, valued at approximately $44,438.10. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Several institutional investors have modified their holdings of the company. Employees Retirement System of Texas acquired a new position in shares of Vitamin Shoppe during the fourth quarter valued at $1,275,000. Rhumbline Advisers boosted its position in shares of Vitamin Shoppe by 4.3% in the fourth quarter. Rhumbline Advisers now owns 45,118 shares of the company’s stock valued at $1,475,000 after buying an additional 1,855 shares during the period. Gabelli Funds LLC boosted its position in shares of Vitamin Shoppe by 15.2% in the fourth quarter. Gabelli Funds LLC now owns 53,040 shares of the company’s stock valued at $1,734,000 after buying an additional 7,000 shares during the period. California State Teachers Retirement System boosted its position in shares of Vitamin Shoppe by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 55,107 shares of the company’s stock valued at $1,802,000 after buying an additional 885 shares during the period. Finally, State of Wisconsin Investment Board boosted its position in shares of Vitamin Shoppe by 0.8% in the fourth quarter. State of Wisconsin Investment Board now owns 159,102 shares of the company’s stock valued at $5,203,000 after buying an additional 1,229 shares during the period.
Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, which includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats; direct, which sells its products directly to consumers through the Internet, primarily at www.vitaminshoppe.com, and manufacturing, which provides custom manufacturing and private labeling of vitamin, mineral and supplement (VMS) products.
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