Natural Grocers Receives a New Rating from Top Analyst

By Ryan Adsit

Oppenheimer analyst Rupesh Parikh assigned a Hold rating to Natural Grocers (NYSE: NGVC) yesterday. The company’s shares closed yesterday at $11.64, close to its 52-week low of $10.63.

According to, Parikh is a top 100 analyst with an average return of 17.1% and a 63.4% success rate. Parikh covers the Services sector, focusing on stocks such as United Natural Foods, Life Time Fitness, and Sprouts Farmers.

Natural Grocers has an analyst consensus of Moderate Buy, with a price target consensus of $13.

Natural Grocers’ market cap is currently $261.9M and has a P/E ratio of 20.07. The company has a book value ratio of 2.0793.

Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is neutral on the stock.

Natural Grocers by Vitamin Cottage, Inc. operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household and pet care products. The company was founded by Margaret Isely and Henry Philip Isely in 1955 and is headquartered in Lakewood, CO.