Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) issued an update on its FY18 earnings guidance on Thursday morning. The company provided EPS guidance of $0.21-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.27.

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) traded down $0.23 during trading on Thursday, reaching $4.87. The company had a trading volume of 576,600 shares, compared to its average volume of 137,123. Natural Grocers by Vitamin Cottage, Inc. has a fifty-two week low of $4.79 and a fifty-two week high of $13.79. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.40 and a quick ratio of 0.14. The company has a market capitalization of $114.42, a PE ratio of 15.94, a P/E/G ratio of 2.80 and a beta of 0.85.

NGVC has been the subject of a number of research analyst reports. Royal Bank Of Canada set a $14.00 price objective on Natural Grocers by Vitamin Cottage and gave the stock a hold rating in a report on Tuesday, August 1st. Jefferies Group LLC set a $6.00 price objective on Natural Grocers by Vitamin Cottage and gave the stock a hold rating in a report on Friday, August 4th. Wolfe Research upgraded Natural Grocers by Vitamin Cottage from an underperform rating to a market perform rating in a report on Monday, August 7th. Zacks Investment Research cut Natural Grocers by Vitamin Cottage from a hold rating to a sell rating in a report on Tuesday, August 8th. Finally, Deutsche Bank AG restated a hold rating and set a $8.00 price objective (down previously from $12.00) on shares of Natural Grocers by Vitamin Cottage in a report on Wednesday, August 9th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $9.92.

In related news, CFO Sandra Buffa sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $5.53, for a total value of $553,000.00. Following the completion of the sale, the chief financial officer now directly owns 135,091 shares in the company, valued at $747,053.23. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 60.30% of the company’s stock.

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A hedge fund recently raised its stake in Natural Grocers by Vitamin Cottage stock. State Street Corp lifted its stake in Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) by 9.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 176,410 shares of the specialty retailer’s stock after buying an additional 15,843 shares during the period. State Street Corp owned approximately 0.79% of Natural Grocers by Vitamin Cottage worth $1,460,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 32.09% of the company’s stock.

About Natural Grocers by Vitamin Cottage

Natural Grocers By Vitamin Cottage Inc (Natural Grocers) is a specialty retailer of natural and organic groceries and dietary supplements. The Company sells natural and organic groceries and dietary supplements. The Company’s grocery products include: bulk food and private label products, dry, frozen and canned groceries, meats and seafood, dairy products and dairy substitutes, prepared foods, bread and baked goods, and beverages.

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