Natural Grocers by Vitamin Cottage (NYSE:NGVC) Issues FY 2024 Earnings Guidance

Natural Grocers by Vitamin Cottage (NYSE:NGVC) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 1.080-1.180 for the period. The company issued revenue guidance of -.

Natural Grocers by Vitamin Cottage Trading Down 0.2 %

Shares of NGVC stock opened at $17.86 on Friday. The company has a market cap of $406.32 million, a PE ratio of 15.26 and a beta of 1.17. Natural Grocers by Vitamin Cottage has a 1 year low of $10.39 and a 1 year high of $19.34. The stock’s 50 day simple moving average is $17.00 and its two-hundred day simple moving average is $15.88. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.90 and a quick ratio of 0.17.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last released its quarterly earnings results on Thursday, February 8th. The specialty retailer reported $0.34 earnings per share for the quarter. The company had revenue of $301.75 million for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 16.69% and a net margin of 2.29%. Research analysts predict that Natural Grocers by Vitamin Cottage will post 1.07 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Todd Dissinger sold 15,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $15.30, for a total value of $229,500.00. Following the completion of the sale, the chief financial officer now directly owns 37,069 shares of the company’s stock, valued at $567,155.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 59.40% of the stock is currently owned by company insiders.

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.