The stock of Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) hit a new 52-week low and has $9.25 target or 14.00% below today’s $10.75 share price. The 6 months bearish chart indicates high risk for the $234.66M company. The 1-year low was reported on Nov, 18 by Barchart.com. If the $9.25 price target is reached, the company will be worth $32.85M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 126,553 shares traded hands. Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) has declined 40.31% since April 18, 2016 and is downtrending. It has underperformed by 44.74% the S&P500.
Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) Ratings Coverage
Out of 9 analysts covering Natural Grocers (NYSE:NGVC), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. $32 is the highest target while $12 is the lowest. The $24.86 average target is 131.26% above today’s ($10.75) stock price. Natural Grocers has been the topic of 15 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Jefferies initiated the shares of NGVC in a report on Wednesday, August 26 with “Buy” rating. The firm earned “Underperform” rating on Wednesday, November 18 by Wolfe Research. The rating was downgraded by RBC Capital Markets on Thursday, April 21 to “Sector Perform”. The company was initiated on Friday, September 23 by Barclays Capital. RBC Capital Markets maintained Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) rating on Monday, November 23. RBC Capital Markets has “Outperform” rating and $32 price target. On Friday, January 29 the stock rating was maintained by Wedbush with “Neutral”. The rating was initiated by Citigroup on Tuesday, October 11 with “Buy”. The rating was maintained by Canaccord Genuity on Tuesday, January 26 with “Buy”.
According to Zacks Investment Research, “Natural Grocers by Vitamin Cottage is a specialty retailer of natural and organic groceries and dietary supplements. The Company provides healthy foods, vitamins, and supplements including allergy, aloe products, amino acids, antioxidants, animal products, beverages, medical, cleansing and clearance, weight loss, electrolytes, energy, cosmetics, natural, minerals, vitamins, pain relief, and supplements. It has locations primarily in Colorado, Texas, Utah, Wyoming, Oklahoma, Missouri, New Mexico, Montana, Kansas, Idaho, Nebraska and Arizona. Natural Grocers by Vitamin Cottage is based in Lakewood, Colorado.”
Insitutional Activity: The institutional sentiment decreased to 1.24 in 2016 Q2. Its down 0.08, from 1.32 in 2016Q1. The ratio fall, as 15 funds sold all Natural Grocers by Vitamin Cottage Inc shares owned while 19 reduced positions. 19 funds bought stakes while 26 increased positions. They now own 6.82 million shares or 16.61% less from 8.18 million shares in 2016Q1.
Wellington Management Gp Llp has 0% invested in the company for 1.00 million shares. Jpmorgan Chase & has invested 0% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Legal And General Grp Public Limited Company holds 1,172 shares or 0% of its portfolio. Tiaa Cref Inv Mngmt holds 0% or 36,418 shares in its portfolio. Blackrock Grp Limited reported 12,596 shares or 0% of all its holdings. Ladenburg Thalmann accumulated 0% or 4,900 shares. Outfitter Advsr Limited has 14,800 shares for 0.08% of their US portfolio. Amer Intl Gp last reported 0% of its portfolio in the stock. Jennison Limited Company holds 19,179 shares or 0% of its portfolio. Renaissance Tech Limited Liability Com has 0.01% invested in the company for 208,600 shares. Tower Research Ltd Liability Company (Trc) reported 480 shares or 0% of all its holdings. Landscape Cap Llc has 0.04% invested in the company for 20,618 shares. Great West Life Assurance Can has invested 0.03% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC). Moreover, Envestnet Asset Inc has 0% invested in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) for 18,122 shares. Blackrock Advisors Llc has invested 0% of its portfolio in Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC).
Insider Transactions: Since June 2, 2016, the stock had 2 insider purchases, and 2 insider sales for $41,311 net activity. On Thursday, June 2 the insider Isely Raquel M. bought $19,026. 4,000 shares were bought by Cerkovnik Edward, worth $51,402. Isely Charity sold 1,500 shares worth $18,287.
More notable recent Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) news were published by: Investorplace.com which released: “Hottest Retail Trade Stocks Now – SVU SAH ABG RH” on April 09, 2015, also Prnewswire.com with their article: “Natural Grocers by Vitamin Cottage Announces Fiscal 2016 Fourth Quarter and …” published on November 17, 2016, Marketwatch.com published: “Natural Grocers stock price target cut to $16 from $29 at RBC Capital” on July 25, 2012. More interesting news about Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) were released by: Fool.com and their article: “Could Natural Grocers by Vitamin Cottage Be the Next Big Player in Organic Food?” published on April 20, 2016 as well as Prnewswire.com‘s news article titled: “Natural Grocers by Vitamin Cottage, Inc. Announces Third Quarter Fiscal Year …” with publication date: July 14, 2016.
NGVC Company Profile
Natural Grocers by Vitamin Cottage, Inc., incorporated on April 9, 2012, is a retailer of natural and organic groceries and dietary supplements. The Firm offers a selection of natural and organic food, dietary supplements, body care products, pet care products and books. It operates in the natural and organic retail stores segment. The Firm operates within the natural products retail industry, which includes conventional supermarkets, natural, gourmet and specialty food markets, mass and discount retailers, warehouse clubs, independent health food stores, dietary supplement retailers, drug stores, farmers’ markets, food cooperatives (co-ops), mail order and online retailers, and multi-level marketers. The Firm offers a range of cosmetics, skin care, hair care, fragrance and personal care products. The Company’s offerings include hypo-allergenic and fragrance-free household products, including cleaning supplies, paper products, dish and laundry soap, and other common household products, including diapers. The Company’s other products include books and handouts. The Firm stocks approximately 400 titles in each store’s book department. The Company’s titles cover various approaches to diet, lifestyle and health. It offers various handouts on health topics and dietary supplements.
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