Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Grocery Outlet Holding Corp (NASDAQ: GO) closed at $12.97 up 0.54% from its previous closing price of $12.90. In other words, the price has increased by $0.54 from its previous closing price. On the day, 2.22 million shares were traded. GO stock price reached its highest trading level at $13.19 during the session, while it also had its lowest trading level at $12.75.
Ratios:
For a deeper understanding of Grocery Outlet Holding Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.31 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.38 whereas as Long-Term Debt/Eq ratio is at 1.31.
On November 06, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $25 to $16.
Telsey Advisory Group Downgraded its Outperform to Market Perform on October 30, 2024, whereas the target price for the stock was revised from $27 to $19.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 10 ’25 when Wilson Steven K. sold 6,682 shares for $13.16 per share. The transaction valued at 87,935 led to the insider holds 166,923 shares of the business.
Thompson Luke D sold 1,133 shares of GO for $14,910 on Mar 10 ’25. The EVP, GC and Secretary now owns 31,167 shares after completing the transaction at $13.16 per share. On Mar 10 ’25, another insider, Lindberg Eric J. Jr., who serves as the Director of the company, sold 35,438 shares for $13.16 each. As a result, the insider received 466,364 and left with 158,013 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GO now has a Market Capitalization of 1262732032 and an Enterprise Value of 2856530432. As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.65, and their Forward P/E ratio for the next fiscal year is 14.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 0.653 whereas that against EBITDA is 13.535.
Stock Price History:
The Beta on a monthly basis for GO is 0.46, which has changed by -0.54761076 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, GO has reached a high of $29.13, while it has fallen to a 52-week low of $10.26. The 50-Day Moving Average of the stock is -11.11%, while the 200-Day Moving Average is calculated to be -25.51%.
Shares Statistics:
For the past three months, GO has traded an average of 2.47M shares per day and 1813390 over the past ten days. A total of 97.26M shares are outstanding, with a floating share count of 92.70M. Insiders hold about 4.78% of the company’s shares, while institutions hold 107.06% stake in the company. Shares short for GO as of 1741910400 were 13644555 with a Short Ratio of 4.78, compared to 1739491200 on 11517045. Therefore, it implies a Short% of Shares Outstanding of 13644555 and a Short% of Float of 14.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
