Natural Grocers by Vitamin Cottage (NGVC) Stock Overview
Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
NGVC Community Fair Values
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Analyst Price Targets
Natural Grocers by Vitamin Cottage, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$31.45 |
| 52 Week High | US$45.98 |
| 52 Week Low | US$23.47 |
| Beta | 1.29 |
| 1 Month Change | 16.61% |
| 3 Month Change | 25.90% |
| 1 Year Change | -27.82% |
| 3 Year Change | 167.43% |
| 5 Year Change | 174.43% |
| Change since IPO | 76.09% |
Recent News & Updates
Health And Wellness Trends And Membership Loyalty Will Support Long Term Performance
Catalysts About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage operates natural and organic grocery stores with a focus on high product standards and value pricing. What are the underlying business or industry changes driving this perspective?Natural Grocers By Vitamin Cottage Looks Tasty
Summary Natural Grocers by Vitamin Cottage is well-positioned to benefit from robust healthy eating trends and ongoing industry growth. NGVC targets 4–5% annual new store growth post-2026, with 6–8 new locations planned this year and strong unit economics supporting expansion. Private brand expansion, a successful rewards program, and rising comparable sales drive consistent revenue, profit, and cash flow growth. I rate NGVC a soft 'buy' due to its attractive valuation, low leverage (0.28x net debt/EBITDA), and accelerating store expansion. Read the full article on Seeking Alpha
ERP Upgrades And Traffic Pressures Will Test Margins But Long Term Potential Remains
Catalysts About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage operates natural and organic grocery stores with a focus on rigorous product standards and value-oriented pricing. What are the underlying business or industry changes driving this perspective?Recent updates
Health And Wellness Trends And Membership Loyalty Will Support Long Term Performance
Catalysts About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage operates natural and organic grocery stores with a focus on high product standards and value pricing. What are the underlying business or industry changes driving this perspective?Natural Grocers By Vitamin Cottage Looks Tasty
Summary Natural Grocers by Vitamin Cottage is well-positioned to benefit from robust healthy eating trends and ongoing industry growth. NGVC targets 4–5% annual new store growth post-2026, with 6–8 new locations planned this year and strong unit economics supporting expansion. Private brand expansion, a successful rewards program, and rising comparable sales drive consistent revenue, profit, and cash flow growth. I rate NGVC a soft 'buy' due to its attractive valuation, low leverage (0.28x net debt/EBITDA), and accelerating store expansion. Read the full article on Seeking AlphaERP Upgrades And Traffic Pressures Will Test Margins But Long Term Potential Remains
Catalysts About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage operates natural and organic grocery stores with a focus on rigorous product standards and value-oriented pricing. What are the underlying business or industry changes driving this perspective?Natural Grocers by Vitamin Cottage (NYSE:NGVC) Is Increasing Its Dividend To $0.15
Natural Grocers by Vitamin Cottage, Inc. ( NYSE:NGVC ) will increase its dividend from last year's comparable payment...Investors Give Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares A 29% Hiding
Natural Grocers by Vitamin Cottage, Inc. ( NYSE:NGVC ) shareholders that were waiting for something to happen have been...Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Natural Grocers by Vitamin Cottage, Inc. ( NYSE:NGVC ) shares have retraced a considerable 26% in the last month...There's Reason For Concern Over Natural Grocers by Vitamin Cottage, Inc.'s (NYSE:NGVC) Massive 26% Price Jump
Natural Grocers by Vitamin Cottage, Inc. ( NYSE:NGVC ) shares have had a really impressive month, gaining 26% after a...Here's Why Natural Grocers by Vitamin Cottage (NYSE:NGVC) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Natural Grocers by Vitamin Cottage, Inc.'s (NYSE:NGVC) Shareholders Might Be Looking For Exit
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 17x, you may...Consumer-Focused Execution Continuing To Drive Natural Grocers By Vitamin Cottage Higher
Summary Natural Grocers' sustainable growth strategy, particularly in private label expansion, has driven impressive sales growth and margin leverage. Fiscal Q1 saw over 9% revenue growth, with strong same-store sales and private label sales up nearly 15%, boosting gross margin to 29.9%. Expansion of the private label assortment and the store footprint can both contribute meaningfully to growth in the coming years, with private label offering meaningful margin leverage. Despite the potential for further beat-and-raise quarters and some valuation approaches that suggest 20%+ undervaluation, I'm reluctant to chase the stock now. Read the full article on Seeking AlphaNatural Grocers: Steady Execution Driving Further Gains
Summary Natural Grocers has shown very good same-store sales momentum, including strong traffic trends, and margins have likewise come in higher than expected. The company’s strategic focus on competitive pricing and expanding private-label offerings has been boosting customer loyalty and helping margins. While NGVC will likely always have lower margins than its closest comparables (a strategic choice), there is ample room to drive growth and margin improvement through assortment improvements. Natural Grocers shares look modestly undervalued today and could be a more compelling "hidden gem" growth idea if the pullback continues and/or management outlines a path to higher growth. Read the full article on Seeking AlphaNatural Grocers by Vitamin Cottage (NYSE:NGVC) Has More To Do To Multiply In Value Going Forward
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Shareholder Returns
| NGVC | US Consumer Retailing | US Market | |
|---|---|---|---|
| 7D | 9.9% | 3.2% | -4.1% |
| 1Y | -27.8% | 14.7% | 20.6% |
Return vs Industry: NGVC underperformed the US Consumer Retailing industry which returned 11.5% over the past year.
Return vs Market: NGVC underperformed the US Market which returned 22.3% over the past year.
Price Volatility
| NGVC volatility | |
|---|---|
| NGVC Average Weekly Movement | 4.7% |
| Consumer Retailing Industry Average Movement | 6.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NGVC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NGVC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1955 | 3,853 | n/a | www.naturalgrocers.com |
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; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; 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. Its stores also provide name-brand supplements, as well as private label dietary supplements; body care products consisting of cosmetics, skin care, hair care, fragrance, and personal care products containing natural and organic ingredients; pet care and food products; household and general merchandise, including cleaning supplies, paper products, and dish and laundry soaps, as well as other common household products, such as diapers; and books and handouts.
Natural Grocers by Vitamin Cottage, Inc. Fundamentals Summary
| NGVC fundamental statistics | |
|---|---|
| Market cap | US$700.90m |
| Earnings (TTM) | US$48.17m |
| Revenue (TTM) | US$1.34b |
Is NGVC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NGVC income statement (TTM) | |
|---|---|
| Revenue | US$1.34b |
| Cost of Revenue | US$887.76m |
| Gross Profit | US$450.04m |
| Other Expenses | US$401.87m |
| Earnings | US$48.17m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.09 |
| Gross Margin | 33.64% |
| Net Profit Margin | 3.60% |
| Debt/Equity Ratio | 0.6% |
How did NGVC perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 08:19 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Natural Grocers by Vitamin Cottage, Inc. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Scott Van Winkle | Canaccord Genuity |
| Karen Short | Deutsche Bank |