Vitamin Shoppe (NYSE:VSI) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of Vitamin Shoppe (NYSE:VSI) from a hold rating to a buy rating in a research report released on Tuesday, ValuEngine reports.

Separately, Zacks Investment Research cut shares of Vitamin Shoppe from a buy rating to a hold rating in a research note on Friday, November 8th.

Shares of NYSE VSI opened at $6.49 on Tuesday. Vitamin Shoppe has a 12-month low of $3.32 and a 12-month high of $8.26. The firm has a market capitalization of $156.16 million, a price-to-earnings ratio of 24.96 and a beta of 1.58. The company has a current ratio of 1.16, a quick ratio of 0.21 and a debt-to-equity ratio of 2.34. The firm has a 50 day moving average of $6.49 and a 200 day moving average of $5.51.

A number of large investors have recently added to or reduced their stakes in VSI. State of Alaska Department of Revenue lifted its stake in shares of Vitamin Shoppe by 124.6% during the 3rd quarter. State of Alaska Department of Revenue now owns 11,834 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 6,564 shares in the last quarter. Cetera Advisors LLC purchased a new stake in Vitamin Shoppe in the 2nd quarter worth $47,000. Smith Asset Management Group LP bought a new stake in Vitamin Shoppe during the second quarter valued at about $99,000. Pacer Advisors Inc. raised its holdings in Vitamin Shoppe by 14.2% during the second quarter. Pacer Advisors Inc. now owns 42,666 shares of the specialty retailer’s stock valued at $168,000 after acquiring an additional 5,303 shares during the period. Finally, Everence Capital Management Inc. raised its holdings in Vitamin Shoppe by 104.5% during the second quarter. Everence Capital Management Inc. now owns 50,200 shares of the specialty retailer’s stock valued at $198,000 after acquiring an additional 25,650 shares during the period. 83.26% of the stock is owned by institutional investors and hedge funds.

About Vitamin Shoppe

Vitamin Shoppe, Inc, through its subsidiaries, operates as a omni-channel specialty retailer and contract manufacturer of nutritional products in the United States and internationally. It operates in two segments, Retail and Manufacturing. The company provides custom manufacturing and private labeling services for vitamin, mineral, and supplement products, as well as develops and markets own branded products.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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