Natural Grocers by Vitamin Cottage (NYSE:NGVC) Issues FY 2022 Earnings Guidance

Natural Grocers by Vitamin Cottage (NYSE:NGVCGet Rating) updated its FY 2022 earnings guidance on Monday. The company provided EPS guidance of $0.85-$0.96 for the period, compared to the consensus EPS estimate of $0.96. The company issued revenue guidance of -.

Separately, StockNews.com began coverage on Natural Grocers by Vitamin Cottage in a research note on Thursday, March 31st. They set a strong-buy rating for the company.

Shares of NGVC traded up $0.35 during trading hours on Monday, hitting $18.99. The company had a trading volume of 633 shares, compared to its average volume of 96,970. Natural Grocers by Vitamin Cottage has a 52-week low of $9.88 and a 52-week high of $24.25. The firm has a market cap of $430.64 million, a P/E ratio of 15.41 and a beta of 1.08. The company has a quick ratio of 0.30, a current ratio of 1.08 and a debt-to-equity ratio of 0.39. The stock’s 50 day moving average price is $19.64 and its 200 day moving average price is $16.37.

Natural Grocers by Vitamin Cottage (NYSE:NGVCGet Rating) last issued its quarterly earnings results on Thursday, May 5th. The specialty retailer reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. Natural Grocers by Vitamin Cottage had a return on equity of 19.23% and a net margin of 2.55%. During the same period in the previous year, the company posted $0.21 EPS. On average, research analysts expect that Natural Grocers by Vitamin Cottage will post 0.91 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, May 27th. This represents a $0.40 annualized dividend and a dividend yield of 2.11%. Natural Grocers by Vitamin Cottage’s payout ratio is 33.06%.

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Natural Grocers by Vitamin Cottage by 9.1% in the 4th quarter. Bank of America Corp DE now owns 31,039 shares of the specialty retailer’s stock worth $442,000 after buying an additional 2,584 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 20.0% during the 4th quarter. JPMorgan Chase & Co. now owns 29,601 shares of the specialty retailer’s stock valued at $421,000 after purchasing an additional 4,925 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 4.7% during the 3rd quarter. Invesco Ltd. now owns 30,260 shares of the specialty retailer’s stock valued at $340,000 after purchasing an additional 1,372 shares during the last quarter. Barclays PLC boosted its holdings in shares of Natural Grocers by Vitamin Cottage by 498.0% during the 4th quarter. Barclays PLC now owns 22,544 shares of the specialty retailer’s stock valued at $321,000 after purchasing an additional 18,774 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of Natural Grocers by Vitamin Cottage during the 2nd quarter valued at about $285,000. Hedge funds and other institutional investors own 32.03% of the company’s stock.

Natural Grocers by Vitamin Cottage Company Profile (Get Rating)

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; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; 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.

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