Barclays PLC Cuts Vitamin Shoppe, Inc (VSI) Price Target to $3.00
Vitamin Shoppe, Inc (NYSE:VSI) had its price target reduced by Barclays PLC from $6.00 to $3.00 in a report published on Thursday. They currently have an equal weight rating on the specialty retailer’s stock.
A number of other equities analysts have also commented on the stock. Morgan Stanley cut their price target on shares of Vitamin Shoppe from $7.50 to $4.00 and set an equal weight rating on the stock in a report on Thursday. Zacks Investment Research lowered shares of Vitamin Shoppe from a hold rating to a sell rating in a report on Tuesday, November 7th. ValuEngine upgraded shares of Vitamin Shoppe from a hold rating to a buy rating in a report on Thursday, October 5th. Bank of America Corporation reiterated an underperform rating and set a $5.00 price target (down previously from $5.50) on shares of Vitamin Shoppe in a report on Wednesday, August 23rd. Finally, TheStreet lowered shares of Vitamin Shoppe from a c- rating to a d rating in a report on Wednesday, August 9th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Vitamin Shoppe has an average rating of Hold and an average target price of $5.00.
Shares of Vitamin Shoppe (NYSE VSI) remained flat at $$3.50 during trading hours on Thursday. The company’s stock had a trading volume of 709,300 shares, compared to its average volume of 597,803. The company has a market cap of $83.92, a price-to-earnings ratio of 3.76 and a beta of 0.74. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.07 and a quick ratio of 0.34. Vitamin Shoppe has a twelve month low of $2.95 and a twelve month high of $26.60.
Vitamin Shoppe (NYSE:VSI) last issued its quarterly earnings results on Wednesday, November 8th. The specialty retailer reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.20). The business had revenue of $288.20 million for the quarter, compared to analyst estimates of $297.61 million. Vitamin Shoppe had a positive return on equity of 6.17% and a negative net margin of 20.27%. Vitamin Shoppe’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. equities research analysts anticipate that Vitamin Shoppe will post 0.53 EPS for the current year.
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In other news, Director John D. Bowlin bought 40,000 shares of the company’s stock in a transaction that occurred on Friday, August 25th. The shares were acquired at an average price of $5.50 per share, for a total transaction of $220,000.00. Following the completion of the acquisition, the director now directly owns 56,028 shares in the company, valued at $308,154. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.07% of the stock is owned by insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. Arizona State Retirement System lifted its holdings in Vitamin Shoppe by 0.8% in the second quarter. Arizona State Retirement System now owns 12,460 shares of the specialty retailer’s stock valued at $145,000 after buying an additional 100 shares during the period. Texas Permanent School Fund lifted its holdings in Vitamin Shoppe by 0.8% in the second quarter. Texas Permanent School Fund now owns 17,389 shares of the specialty retailer’s stock valued at $203,000 after buying an additional 145 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in Vitamin Shoppe by 2.1% in the second quarter. BNP Paribas Arbitrage SA now owns 9,242 shares of the specialty retailer’s stock valued at $108,000 after buying an additional 192 shares during the period. Capstone Asset Management Co. lifted its holdings in Vitamin Shoppe by 3.5% in the second quarter. Capstone Asset Management Co. now owns 14,040 shares of the specialty retailer’s stock valued at $164,000 after buying an additional 470 shares during the period. Finally, Thrivent Financial For Lutherans lifted its holdings in Vitamin Shoppe by 1.5% in the first quarter. Thrivent Financial For Lutherans now owns 37,070 shares of the specialty retailer’s stock valued at $747,000 after buying an additional 560 shares during the period. Institutional investors and hedge funds own 98.39% of the company’s stock.
Vitamin Shoppe Company Profile
Vitamin Shoppe, Inc (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats.
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