NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis $17.34 +0.34 (+2.00%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$16.86▼$17.4450-Day Range$17.00▼$22.0552-Week Range$16.86▼$30.76Volume1.53 million shsAverage Volume1.74 million shsMarket Capitalization$1.73 billionP/E Ratio27.09Dividend YieldN/APrice Target$22.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Grocery Outlet alerts: Email Address Grocery Outlet MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside31.2% Upside$22.75 Price TargetShort InterestBearish11.08% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 6 Articles This WeekInsider TradingSelling Shares$5.62 M Sold Last QuarterProj. Earnings Growth29.41%From $0.68 to $0.88 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.61 out of 5 starsConsumer Staples Sector56th out of 136 stocksGrocery Stores Industry3rd out of 11 stocks 4.2 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 3 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Grocery Outlet's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.08% of the float of Grocery Outlet has been sold short.Short Interest Ratio / Days to CoverGrocery Outlet has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Grocery Outlet has recently increased by 0.10%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldGrocery Outlet does not currently pay a dividend.Dividend GrowthGrocery Outlet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GO. Previous Next 2.4 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search Interest9 people have searched for GO on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grocery Outlet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,617,000.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Grocery Outlet is held by insiders.Percentage Held by Institutions99.87% of the stock of Grocery Outlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Grocery Outlet's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Grocery Outlet are expected to grow by 29.41% in the coming year, from $0.68 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 27.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 27.09, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.15.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 3.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGrocery Outlet has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Grocery Outlet's valuation and earnings. 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Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.Read More GO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GO Stock News HeadlinesAugust 23, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) Director Sells 100,000 Shares of StockAugust 21, 2024 | insidertrades.comGrocery Outlet Holding Corp. (NASDAQ:GO) Director Eric J. Jr. Lindberg Sells 100,000 SharesSeptember 7, 2024 | WealthPress (Ad)This indicator is great for calling bottoms“It was designed to help boost your chances of finding rock solid trade ideas” It’s called the “Master Indicator” And it’s quite possibly one of the most useful indicators you’ll ever use.September 3, 2024 | globenewswire.comGrocery Outlet Launches Private Label Program, GO BrandsAugust 29, 2024 | msn.comGrocery-owner lawmaker warns urban stores will close first under Harris price controlsAugust 21, 2024 | benzinga.comDirector At Grocery Outlet Holding Exercises Options Worth $2.39MAugust 21, 2024 | seekingalpha.comGrocery Outlet Holding: Poor SSS Growth Outlook For The Near TermAugust 14, 2024 | globenewswire.comGrocery Outlet Holding Corp. Releases Second Annual Impact ReportSeptember 7, 2024 | WealthPress (Ad)This indicator is great for calling bottoms“It was designed to help boost your chances of finding rock solid trade ideas” It’s called the “Master Indicator” And it’s quite possibly one of the most useful indicators you’ll ever use.August 12, 2024 | ca.finance.yahoo.comGO Sep 2024 15.000 putAugust 12, 2024 | markets.businessinsider.comGrocery Outlet Facing Headwinds: Analyst Issues Sell Rating Amid Competitive Pressure and Traffic DeclinesAugust 9, 2024 | finance.yahoo.comEarnings Beat: Grocery Outlet Holding Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsAugust 7, 2024 | seekingalpha.comGrocery Outlet: Q2, Profitability Has Started NormalizingAugust 7, 2024 | markets.businessinsider.comSell Rating on Grocery Outlet: Persistent Comps Weakness and Competitive Challenges Overshadow Margin ImprovementsAugust 7, 2024 | msn.comThese Analysts Cut Their Forecasts On Grocery Outlet Following Q2 ResultsAugust 7, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Consumer Goods Stocks: Molson Coors (TAP) and Grocery Outlet Holding (GO)August 7, 2024 | theglobeandmail.comWhy Are Grocery Outlet (GO) Shares Soaring TodayAugust 7, 2024 | markets.businessinsider.comGrocery Outlet Holding’s Strong Q2 Performance and Strategic Growth OutlookSee More Headlines Receive GO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grocery Outlet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryRetail Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees950Year FoundedN/APrice Target and Rating Average Stock Price Target$22.75 High Stock Price Target$28.00 Low Stock Price Target$20.00 Potential Upside/Downside+31.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio27.09 Forward P/E Ratio25.50 P/E Growth3.62Net Income$79.44 million Net Margins1.30% Pretax Margin1.65% Return on Equity5.18% Return on Assets2.11% Debt Debt-to-Equity Ratio0.31 Current Ratio1.29 Quick Ratio0.29 Sales & Book Value Annual Sales$4.16 billion Price / Sales0.42 Cash Flow$1.59 per share Price / Cash Flow10.89 Book Value$12.46 per share Price / Book1.39Miscellaneous Outstanding Shares99,862,000Free Float95,368,000Market Cap$1.73 billion OptionableOptionable Beta0.10 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Robert Joseph Sheedy Jr. (Age 48)President, CEO & Director Comp: $1.32MMs. Pamela B. Burke (Age 56)Chief Stores Officer & Executive VP Comp: $918.61kMr. Steven K. Wilson (Age 59)Executive VP & Chief Purchasing Officer Comp: $746.29kMs. Lindsay E. Gray (Age 39)Interim CFO & Senior VP of Accounting Mr. Ramesh Chikkala (Age 58)Executive VP & Chief Operations Officer Mr. Harrison LewisSenior VP & Chief Information OfficerMr. Luke D. Thompson (Age 51)Executive VP, General Counsel & Corporate Secretary Jon DeckerSenior Vice President of Stores, Sales & MerchandisingAlejandro Alvarez CorreaSenior VP & Chief Marketing OfficerMs. Andrea R. Bortner (Age 62)Executive VP & Chief Human Resources Officer More ExecutivesKey CompetitorsWeis MarketsNYSE:WMKIngles MarketsNASDAQ:IMKTANatural Grocers by Vitamin CottageNYSE:NGVCVillage Super MarketNASDAQ:VLGEABath & Body WorksNYSE:BBWIView All CompetitorsInsiders & InstitutionsClearbridge Investments LLCSold 66,839 shares on 8/27/2024Ownership: 2.876%Eric J Jr. LindbergSold 100,000 sharesTotal: $1.84 M ($18.44/share)Point72 Asset Management L.P.Bought 201,881 shares on 8/19/2024Ownership: 0.476%Eric J Jr. LindbergSold 100,000 sharesTotal: $1.88 M ($18.83/share)Eric J Jr. LindbergSold 100,000 sharesTotal: $1.89 M ($18.90/share)View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions How have GO shares performed this year? Grocery Outlet's stock was trading at $26.96 at the beginning of the year. Since then, GO shares have decreased by 35.7% and is now trading at $17.34. View the best growth stocks for 2024 here. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) posted its earnings results on Tuesday, August, 6th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.05. The firm's revenue for the quarter was up 11.7% on a year-over-year basis. What is Eric Lindberg/ MacGregor Read's approval rating as Grocery Outlet's CEO? 142 employees have rated Grocery Outlet Chief Executive Officer Eric Lindberg/ MacGregor Read on Glassdoor.com. Eric Lindberg/ MacGregor Read has an approval rating of 93% among the company's employees. This puts Eric Lindberg/ MacGregor Read in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. When did Grocery Outlet IPO? Grocery Outlet (GO) raised $275 million in an IPO on Thursday, June 20th 2019. The company issued 17,200,000 shares at $15.00-$17.00 per share. BofA Merrill Lynch, Morgan Stanley, Deutsche Bank Securities, Jefferies, Barclays, Goldman Sachs, Guggenheim Securities, UBS Investment Bank and Cowen acted as the underwriters for the IPO and Telsey Advisory Group, Drexel Hamilton and Penserra Securities were co-managers. Who are Grocery Outlet's major shareholders? Grocery Outlet's top institutional investors include Mackenzie Financial Corp (4.97%), Dimensional Fund Advisors LP (3.62%), Van Berkom & Associates Inc. (3.50%) and Clearbridge Investments LLC (2.88%). Insiders that own company stock include S Macgregor Jr Read, Erik D Ragatz, Robert Joseph Jr Sheedy, Steven K Wilson, Charles Bracher, Pamela B Burke, Eric J Jr Lindberg, Jeffrey York, Andrea Renee Bortner, Lindsay E Gray, John E Bachman, Brian Mcandrews and Thomas F Herman. View institutional ownership trends. How do I buy shares of Grocery Outlet? Shares of GO stock can be purchased through any online brokerage account. 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