Vitamin Shoppe Inc. (VSI) Sees Strong Trading Volume
Vitamin Shoppe Inc. (NYSE:VSI) shares saw unusually-strong trading volume on Friday . Approximately 576,531 shares were traded during mid-day 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 analysts have issued reports on VSI shares. Robert W. Baird restated a “hold” rating on shares of Vitamin Shoppe in a research report on Tuesday, April 26th. Wedbush began coverage on shares of Vitamin Shoppe in a research report on Wednesday, April 20th. They issued an “outperform” rating and a $39.00 price target on the stock. Zacks Investment Research raised shares of Vitamin Shoppe from a “sell” rating to a “hold” rating and set a $32.00 price objective for the company in a report on Friday, May 6th. Jefferies Group reaffirmed a “hold” rating and set a $32.00 price objective (up from $30.00) on shares of Vitamin Shoppe in a report on Friday, May 6th. Finally, Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $30.00 price objective on shares of Vitamin Shoppe in a report on Friday, April 15th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $32.82.
The company has a market capitalization of $697.30 million and a PE ratio of 16.68. The firm’s 50 day moving average is $30.81 and its 200-day moving average is $29.90.
Vitamin Shoppe (NYSE:VSI) last released its quarterly earnings data on Wednesday, May 4th. The company reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.65 by $0.02. During the same quarter in the prior year, the firm earned $0.63 earnings per share. The company earned $336.80 million during the quarter, compared to analyst estimates of $339.76 million. Vitamin Shoppe’s revenue for the quarter was up .0% on a year-over-year basis. On average, equities analysts forecast that Vitamin Shoppe Inc. will post $2.32 earnings per share for the current fiscal year.
In related news, Director Guillermo Marmol acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, May 31st. The shares were purchased at an average cost of $30.23 per share, for a total transaction of $30,230.00. Following the completion of the acquisition, the director now directly owns 1,470 shares in the company, valued at $44,438.10. The purchase was disclosed in a filing with the SEC, which is available at this link.
Several institutional investors recently added to or reduced their stakes in VSI. Employees Retirement System of Texas bought a new position in Vitamin Shoppe during the fourth quarter valued at approximately $1,275,000. Principal Financial Group Inc. increased its position in Vitamin Shoppe by 7.4% in the fourth quarter. Principal Financial Group Inc. now owns 199,248 shares of the company’s stock valued at $6,516,000 after buying an additional 13,789 shares in the last quarter. State of Wisconsin Investment Board increased its position in 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 in the last quarter. Gabelli Funds LLC increased its position in 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 in the last quarter. Finally, Rhumbline Advisers increased its position in 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 in the last quarter.
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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