NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis → “A very dark day is coming to America” (From InvestorPlace) (Ad) Free GO Stock Alerts $22.09 -0.18 (-0.81%) (As of 06/27/2024 ET) Add Compare Share Share Today's Range$21.74▼$22.3050-Day Range$19.77▼$27.4452-Week Range$19.73▼$36.54Volume1.24 million shsAverage Volume1.64 million shsMarket Capitalization$2.21 billionP/E Ratio34.52Dividend YieldN/APrice Target$28.90 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 RatingHold2.20 Rating ScoreUpside/Downside30.8% Upside$28.90 Price TargetShort InterestBearish9.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 6 Articles This WeekInsider TradingAcquiring Shares$2.29 M Bought Last QuarterProj. Earnings Growth36.23%From $0.69 to $0.94 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.3.67 out of 5 starsConsumer Staples Sector63rd out of 127 stocksGrocery Stores Industry3rd out of 10 stocks 4.1 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 4 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has been the subject of 5 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 Shorted9.95% 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 4.8.Change versus previous monthShort interest in Grocery Outlet has recently increased by 5.19%, indicating that investor sentiment is decreasing significantly. 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 2.2 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.95. 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 news sentiment score is similar to the average news sentiment 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.MarketBeat FollowsOnly 1 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grocery Outlet insiders have bought 3,792.69% more of their company's stock than they have sold. Specifically, they have bought $2,291,900.00 in company stock and sold $58,877.00 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 36.23% in the coming year, from $0.69 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 34.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 34.52, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.30.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 4.06. 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 1.80. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlace“A very dark day is coming to America”Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." Something huge is headed to America's shores – and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen… "No matter how prepared you think you are, you aren't prepared enough," he warns.Click here to see his official warning. About Grocery Outlet Stock (NASDAQ:GO)Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. 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 HeadlinesJune 26 at 9:00 AM | globenewswire.comGrocery Outlet Announces Fourteenth Annual Independence from Hunger CampaignJune 25 at 2:08 AM | americanbankingnews.comAnalysts Set Grocery Outlet Holding Corp. (NASDAQ:GO) Price Target at $28.90June 27, 2024 | InvestorPlace (Ad)“A very dark day is coming to America”Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." Something huge is headed to America's shores – and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen… "No matter how prepared you think you are, you aren't prepared enough," he warns.June 7, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOJune 5, 2024 | globenewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 30, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 30, 2024 | seekingalpha.comGrocery Outlet Holding: Remain Sell Rated As SSS Outlook Is Still UncertainMay 29, 2024 | ca.style.yahoo.comHurry! Coach Outlet's massive sale ends tonight: 12 best deals you can still shop at up to 70% off (starting at $31!)June 27, 2024 | InvestorPlace (Ad)“A very dark day is coming to America”Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." Something huge is headed to America's shores – and it scares the hell out of Wall St. legend Louis Navellier. When it makes landfall, its impact will be more violent and more severe than any financial crisis we've ever seen… "No matter how prepared you think you are, you aren't prepared enough," he warns.May 28, 2024 | msn.comMajor grocery chain won't allow large bags at DC stores to combat theftMay 28, 2024 | msn.com'A phenomenal story': Seltzer's launches guided smokehouse tours during Harvey Seltzer DayMay 23, 2024 | msn.com'Extreme-value' grocery outlet opening in Cincinnati next monthMay 22, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 21, 2024 | msn.com'Extreme-value' grocery store to open in the Eastgate areaMay 21, 2024 | markets.businessinsider.comBuy Rating Affirmed for Grocery Outlet Holding Corp. Amid Expansion Potential and Strong Sales OutlookMay 19, 2024 | 247wallst.comCEOs and Other Insiders Are Buying Shares of These 7 StocksMay 17, 2024 | businesswire.comUnveiling the HPC Future with xFusion at ISC 2024May 17, 2024 | businesswire.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against Grocery Outlet Holding Corp. (GO)May 16, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 16, 2024 | benzinga.comTop 2 Risk Off Stocks You'll Regret Missing This Quarter - Grocery Outlet Holding (NASDAQ:GO)May 15, 2024 | finance.yahoo.comDirector John Bachman Acquires 10,000 Shares of Grocery Outlet Holding Corp (GO)May 14, 2024 | benzinga.comOver $2M Bet On Grocery Outlet? Check Out These 4 Stocks Insiders Are BuyingMay 13, 2024 | msn.comGrocery Outlet Stock (NASDAQ:GO): Secular Business Is Ripe for the PickingMay 13, 2024 | investorplace.comSlow Jobs, Fast Profits: 7 Stocks to Scoop Up After April's Lackluster ReportMay 10, 2024 | msn.comRSI Oversold: The Contrarian Indicator Identified an Opportunity in Grocery Outlet (GO)May 10, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextMay 9, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOSee 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 Earnings5/07/2024Today6/27/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryN/A Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees901Year FoundedN/APrice Target and Rating Average Stock Price Target$28.90 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+31.0%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio34.47 Forward P/E Ratio31.97 P/E Growth4.06Net Income$79.44 million Net Margins1.60% Pretax Margin1.98% Return on Equity5.46% Return on Assets2.24% Debt Debt-to-Equity Ratio0.23 Current Ratio1.25 Quick Ratio0.30 Sales & Book Value Annual Sales$3.97 billion Price / Sales0.55 Cash Flow$1.74 per share Price / Cash Flow12.66 Book Value$12.28 per share Price / Book1.80Miscellaneous Outstanding Shares99,860,000Free Float95,368,000Market Cap$2.20 billion OptionableOptionable Beta0.09 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 CompetitorsSprouts Farmers MarketNASDAQ:SFMSendas DistribuidoraNYSE:ASAIBBB FoodsNYSE:TBBBIngles MarketsNASDAQ:IMKTAArkoNASDAQ:ARKOView All CompetitorsInsiders & InstitutionsBoston PartnersBought 10,526 shares on 5/28/2024Ownership: 0.011%Luke D ThompsonSold 1,332 sharesTotal: $29,876.76 ($22.43/share)Tidal Investments LLCBought 15,369 shares on 5/17/2024Ownership: 0.039%Comerica BankSold 1,350 shares on 5/17/2024Ownership: 0.037%Walleye Trading LLCBought 12,900 shares on 5/17/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions Should I buy or sell Grocery Outlet stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GO, but not buy additional shares or sell existing shares. View GO analyst ratings or view top-rated stocks. What is Grocery Outlet's stock price target for 2024? 10 equities research analysts have issued 1 year price targets for Grocery Outlet's shares. Their GO share price targets range from $20.00 to $39.00. On average, they anticipate the company's stock price to reach $28.90 in the next year. This suggests a possible upside of 30.8% from the stock's current price. View analysts price targets for GO or view top-rated stocks among Wall Street analysts. How have GO shares performed in 2024? Grocery Outlet's stock was trading at $26.96 on January 1st, 2024. Since then, GO shares have decreased by 18.1% and is now trading at $22.09. View the best growth stocks for 2024 here. Are investors shorting Grocery Outlet? Grocery Outlet saw a increase in short interest in June. As of June 15th, there was short interest totaling 9,520,000 shares, an increase of 5.2% from the May 31st total of 9,050,000 shares. Based on an average daily trading volume, of 1,970,000 shares, the days-to-cover ratio is currently 4.8 days. Approximately 10.0% of the shares of the company are sold short. View Grocery Outlet's Short Interest. When is Grocery Outlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our GO earnings forecast. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) posted its earnings results on Tuesday, May, 7th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.10. The business earned $1.04 billion during the quarter, compared to analyst estimates of $1.02 billion. Grocery Outlet had a net margin of 1.60% and a trailing twelve-month return on equity of 5.46%. What ETF holds Grocery Outlet's stock? First Trust Consumer Staples AlphaDEX Fund holds 256,612 shares of GO stock, representing 1.28% of its portfolio. What guidance has Grocery Outlet issued on next quarter's earnings? Grocery Outlet issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 0.890-0.950 for the period, compared to the consensus earnings per share estimate of 1.170. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. 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 initial public offering (IPO) on Thursday, June 20th 2019. The company issued 17,200,000 shares at a price of $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 served 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 stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.33%), Capital Research Global Investors (8.25%), 12 West Capital Management LP (3.62%), Capital World Investors (3.58%), Clearbridge Investments LLC (2.94%) and Jackson Square Partners LLC (2.71%). Insiders that own company stock include Andrea Renee Bortner, Brian Mcandrews, Charles Bracher, Eric J Jr Lindberg, Eric J Jr Lindberg, Erik D Ragatz, Jeffrey York, John E Bachman, Lindsay E Gray, Luke D Thompson, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman 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. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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