Natural Grocers by Vitamin Cotta (NYSE: NGVC) has reported E.P.S. of $0.26 for its fourth fiscal quarter (ending September 30) versus $0.10 for the same period a year ago — an increase of 160%. Relative to the consensus estimate of $0.20, this was a premium of $0.06. For the latest four quarters through September 30, E.P.S. were $1.02 compared to $0.94 a year ago — an increase of 9%.
Recent Price Action
On 11/16/23, Natural Grocers by Vitamin Cotta (NYSE: NGVC) stock declined by -1.9%, closing at $12.80. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
NGVC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Natural Grocers by Vitamin Cotta has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Natural Grocers by Vitamin Cotta has a neutral Appreciation Score of 40 but a very high Power Rating of 87, producing the Positive Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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