Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $15.88 on Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.52 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) stands at 21.42.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Natural Grocers by Vitamin Cott, the PEG ratio for coming 3-5 years is 1.60.
The technical analysis highlights that Natural Grocers by Vitamin Cott current is trading $-1.03 points away or -7.78% from its 50-day moving average of $13.24. Further it is trading $-4.01 or -24.70% away its 200-day moving average of $16.22.
The 52-week high of Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) was $25.85 while lowest point recorded in 52-week was $12.01. It implies if stock price makes a movement of over $-13.64, it will record a new 52-week high. In the case of +1.67% drop, it will touch a new 52-week low.
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