NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis $16.58 +0.39 (+2.41%) (As of 10/4/2024 08:50 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Grocery Outlet Stock (NASDAQ:GO) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Grocery Outlet alerts:Sign Up Key Stats Today's Range$16.36▼$17.1150-Day Range$15.97▼$21.0752-Week Range$15.72▼$29.98Volume1.80 million shsAverage Volume1.75 million shsMarket Capitalization$1.66 billionP/E Ratio25.91Dividend YieldN/APrice Target$22.11Consensus RatingHold Company OverviewGrocery 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… Next opportunity for crypto millions (Ad)October isn't just another month in crypto. It's the launchpad for what could be the most explosive bull run in history. And I've found the rocket fuel… One coin is quietly positioning itself to outperform the entire market. The signs are everywhere…Go here to discover the coin that could define this historic bull run with gains kicking off this mo Grocery Outlet Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks84th Percentile Overall ScoreGO MarketRank™: Grocery Outlet scored higher than 84% of companies evaluated by MarketBeat, and ranked 37th out of 145 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.2 / 5Analyst RatingHold Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has been the subject of 7 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 and Valuation2.5 / 5Proj. Earnings Growth27.94% Earnings GrowthEarnings for Grocery Outlet are expected to grow by 27.94% in the coming year, from $0.68 to $0.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 25.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 25.91, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.47.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 3.12. 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 1.35. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted10.68% 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 5.1.Change versus previous monthShort interest in Grocery Outlet has recently decreased by 8.24%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldGrocery Outlet does not currently pay a dividend.Dividend GrowthGrocery Outlet does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted10.68% 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 5.1.Change versus previous monthShort interest in Grocery Outlet has recently decreased by 8.24%, indicating that investor sentiment is improving significantly. News and Social Media2.1 / 5News Sentiment0.70 News SentimentGrocery Outlet has a news sentiment score of 0.70. 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 7 news articles for Grocery Outlet this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for GO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 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. Company Ownership2.5 / 5Insider TradingSelling Shares 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 $8,876,548.00 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. 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 GO Stock News HeadlinesEric J. Jr. Lindberg Sells 200,095 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockSeptember 24, 2024 | insidertrades.comAnalysts Set Grocery Outlet Holding Corp. (NASDAQ:GO) PT at $22.11October 3, 2024 | americanbankingnews.comNew September Stock WarningSeptember is the most volatile month of the year for stocks. And after the brutal tech selloff, one Wall Street veteran, who served more than 50 years alongside the likes of Paul Tudor Jones and George Soros, just announced: "This is only the beginning."October 7, 2024 | Chaikin Analytics (Ad)Grocery Outlet Holding Corp. (NASDAQ:GO) Short Interest UpdateOctober 1, 2024 | americanbankingnews.comNew grocery store proposed for CentervilleSeptember 30, 2024 | yahoo.comN.J. mayor welcomes new grocery store after popular chain moved outSeptember 27, 2024 | nj.comFY2024 Earnings Estimate for Grocery Outlet Holding Corp. Issued By DA Davidson (NASDAQ:GO)September 27, 2024 | americanbankingnews.comQ3 2024 EPS Estimates for Grocery Outlet Holding Corp. (NASDAQ:GO) Decreased by AnalystSeptember 27, 2024 | americanbankingnews.comSee More Headlines GO Stock Analysis - Frequently Asked Questions How have GO shares performed this year? Grocery Outlet's stock was trading at $26.96 on January 1st, 2024. Since then, GO shares have decreased by 38.5% and is now trading at $16.58. 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 for the quarter, beating analysts' consensus estimates of $0.20 by $0.05. Grocery Outlet's revenue was up 11.7% compared to the same quarter last year. When did Grocery Outlet IPO? Grocery Outlet (GO) raised $275 million in an initial public offering 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? Top institutional shareholders of Grocery Outlet include Red Spruce Capital LLC (0.12%). 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. 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. Company Calendar Last Earnings8/06/2024Today10/06/2024Next 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$22.11 High Stock Price Target$28.00 Low Stock Price Target$17.00 Potential Upside/Downside+33.4%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio25.91 Forward P/E Ratio24.38 P/E Growth3.12Net 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 / Sales0.40 Cash Flow$1.77 per share Price / Cash Flow9.36 Book Value$12.28 per share Price / Book1.35Miscellaneous Outstanding Shares99,862,000Free Float95,368,000Market Cap$1.66 billion OptionableOptionable Beta0.10 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. 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