Morgan Stanley upgraded shares of Vitamin Shoppe Inc (NYSE:VSI) from an underweight rating to an equal weight rating in a research note issued to investors on Thursday morning. Morgan Stanley currently has $14.00 price target on the specialty retailer’s stock.
Other equities research analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Vitamin Shoppe from a buy rating to a hold rating in a report on Friday, January 20th. Goldman Sachs Group Inc reduced their price objective on shares of Vitamin Shoppe from $22.00 to $19.00 and set a sell rating for the company in a report on Thursday, March 23rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $26.29.
Vitamin Shoppe (NYSE:VSI) traded down 3.269% during mid-day trading on Thursday, hitting $12.575. 730,630 shares of the stock traded hands. The firm has a market cap of $300.15 million, a price-to-earnings ratio of 16.184 and a beta of 0.59. Vitamin Shoppe has a 1-year low of $12.15 and a 1-year high of $32.31. The stock has a 50-day moving average of $19.14 and a 200 day moving average of $22.17.
Vitamin Shoppe (NYSE:VSI) last posted its quarterly earnings data on Wednesday, May 10th. The specialty retailer reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.21. The company had revenue of $316.90 million during the quarter, compared to analyst estimates of $325.71 million. Vitamin Shoppe had a return on equity of 11.52% and a net margin of 3.34%. The business’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.67 EPS. On average, equities analysts expect that Vitamin Shoppe will post $1.70 EPS for the current year.
In other Vitamin Shoppe news, Director B. Michael Becker sold 2,729 shares of the business’s stock in a transaction dated Wednesday, March 8th. The shares were sold at an average price of $19.41, for a total value of $52,969.89. Following the sale, the director now directly owns 2,279 shares in the company, valued at $44,235.39. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard L. Markee sold 100,000 shares of the business’s stock in a transaction dated Friday, March 3rd. The stock was sold at an average price of $22.24, for a total transaction of $2,224,000.00. Following the completion of the sale, the director now owns 160,990 shares in the company, valued at $3,580,417.60. The disclosure for this sale can be found here. Over the last quarter, insiders sold 108,161 shares of company stock worth $2,398,429. 1.29% of the stock is owned by company insiders.
A number of large investors have recently modified their holdings of VSI. Mason Street Advisors LLC boosted its stake in shares of Vitamin Shoppe by 7.0% in the first quarter. Mason Street Advisors LLC now owns 5,569 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 366 shares during the period. Municipal Employees Retirement System of Michigan boosted its stake in shares of Vitamin Shoppe by 1.5% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,380 shares of the specialty retailer’s stock valued at $144,000 after buying an additional 80 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Vitamin Shoppe during the first quarter valued at approximately $208,000. Weiss Asset Management LP acquired a new stake in shares of Vitamin Shoppe during the third quarter valued at approximately $237,000. Finally, Arizona State Retirement System boosted its stake in shares of Vitamin Shoppe by 0.8% in the first quarter. Arizona State Retirement System now owns 12,360 shares of the specialty retailer’s stock valued at $249,000 after buying an additional 100 shares during the period.
About Vitamin Shoppe
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.