Natural Alternatives International (NASDAQ:NAII) Upgraded by ValuEngine to Buy

ValuEngine upgraded shares of Natural Alternatives International (NASDAQ:NAII) from a hold rating to a buy rating in a research note released on Tuesday morning, ValuEngine reports.

Separately, TheStreet cut shares of Natural Alternatives International from a b- rating to a c+ rating in a research report on Thursday, September 26th.

NAII stock traded up $0.04 during midday trading on Tuesday, hitting $7.65. 51 shares of the stock were exchanged, compared to its average volume of 10,247. The stock’s 50-day moving average price is $8.67 and its 200-day moving average price is $10.22. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.23 and a current ratio of 4.89. The stock has a market cap of $55.62 million, a price-to-earnings ratio of 13.86 and a beta of 0.25. Natural Alternatives International has a fifty-two week low of $7.58 and a fifty-two week high of $14.25.

Natural Alternatives International (NASDAQ:NAII) last released its quarterly earnings results on Tuesday, September 24th. The company reported ($0.03) earnings per share (EPS) for the quarter. Natural Alternatives International had a return on equity of 5.34% and a net margin of 3.11%. The firm had revenue of $30.26 million for the quarter.

Large investors have recently modified their holdings of the company. Wedbush Securities Inc. grew its position in shares of Natural Alternatives International by 9.5% in the third quarter. Wedbush Securities Inc. now owns 156,171 shares of the company’s stock valued at $1,304,000 after purchasing an additional 13,492 shares during the period. LSV Asset Management acquired a new position in shares of Natural Alternatives International in the 2nd quarter valued at about $69,000. James Investment Research Inc. grew its holdings in shares of Natural Alternatives International by 31.6% during the 3rd quarter. James Investment Research Inc. now owns 8,325 shares of the company’s stock worth $69,000 after purchasing an additional 2,000 shares during the period. Vanguard Group Inc. raised its holdings in Natural Alternatives International by 0.6% in the second quarter. Vanguard Group Inc. now owns 274,344 shares of the company’s stock valued at $3,199,000 after buying an additional 1,700 shares during the period. Finally, BlackRock Inc. raised its holdings in Natural Alternatives International by 7.7% in the second quarter. BlackRock Inc. now owns 17,497 shares of the company’s stock valued at $204,000 after buying an additional 1,247 shares during the period. Institutional investors and hedge funds own 33.04% of the company’s stock.

About Natural Alternatives International

Natural Alternatives International, Inc engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. It operates through two segments, Private-Label Contract Manufacturing, and Patent and Trademark Licensing. The company offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbal, and other nutritional supplements, as well as other health care products.

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