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Grocery Outlet (GO) Stock Price, News & Analysis

Grocery Outlet logo
$15.95 -0.04 (-0.25%)
As of 01/17/2025 04:00 PM Eastern

About Grocery Outlet Stock (NASDAQ:GO)

Key Stats

Today's Range
$15.64
$16.41
50-Day Range
$15.05
$21.25
52-Week Range
$13.60
$29.19
Volume
1.22 million shs
Average Volume
1.30 million shs
Market Capitalization
$1.55 billion
P/E Ratio
31.28
Dividend Yield
N/A
Price Target
$18.00
Consensus Rating
Hold

Company Overview

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.

Grocery Outlet Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
63rd Percentile Overall Score

GO MarketRank™: 

Grocery Outlet scored higher than 63% of companies evaluated by MarketBeat, and ranked 87th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Grocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Grocery Outlet has been the subject of 9 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.
  • Earnings Growth

    Earnings for Grocery Outlet are expected to grow by 22.22% in the coming year, from $0.63 to $0.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Grocery Outlet is 31.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Grocery Outlet is 31.28, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.44.

  • Price to Earnings Growth Ratio

    Grocery Outlet has a PEG Ratio of 17.51. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Grocery Outlet has a P/B Ratio of 1.30. 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.
  • Percentage of Shares Shorted

    9.98% of the float of Grocery Outlet has been sold short.
  • Short Interest Ratio / Days to Cover

    Grocery Outlet has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Grocery Outlet has recently increased by 15.62%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Grocery Outlet does not currently pay a dividend.

  • Dividend Growth

    Grocery Outlet does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.98% of the float of Grocery Outlet has been sold short.
  • Short Interest Ratio / Days to Cover

    Grocery Outlet has a short interest ratio ("days to cover") of 4.6.
  • Change versus previous month

    Short interest in Grocery Outlet has recently increased by 15.62%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Grocery Outlet has a news sentiment score of 0.12. 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 0.53 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Grocery Outlet this week, compared to 7 articles on an average week.
  • Search Interest

    Only 4 people have searched for GO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 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.
  • Insider Buying vs. Insider Selling

    In the past three months, Grocery Outlet insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,007,500.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 4.50% of the stock of Grocery Outlet is held by insiders.

  • Percentage Held by Institutions

    99.87% 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.
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GO Stock Analysis - Frequently Asked Questions

Grocery Outlet's stock was trading at $15.61 at the start of the year. Since then, GO shares have increased by 2.2% and is now trading at $15.95.
View the best growth stocks for 2025 here
.

Grocery Outlet Holding Corp. (NASDAQ:GO) released its earnings results on Tuesday, November, 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.01. The business's revenue for the quarter was up 10.4% compared to the same quarter last year.

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.

Top institutional investors of Grocery Outlet include Red Spruce Capital LLC (0.13%), Janney Montgomery Scott LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.05%) and SG Americas Securities LLC (0.04%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Grocery Outlet investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO) and Netflix (NFLX).

Company Calendar

Last Earnings
11/05/2024
Today
1/20/2025
Next Earnings (Estimated)
2/25/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
Retail
Fax
N/A
Employees
950
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$26.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$79.44 million
Pretax Margin
1.62%

Debt

Sales & Book Value

Annual Sales
$3.97 billion
Cash Flow
$1.68 per share
Book Value
$12.28 per share

Miscellaneous

Free Float
92,765,000
Market Cap
$1.55 billion
Optionable
Optionable
Beta
0.31
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This page (NASDAQ:GO) was last updated on 1/20/2025 by MarketBeat.com Staff
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