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As of close of business last night, Grocery Outlet Holding Corp’s stock clocked out at $17.08, up 3.39% from its previous closing price of $16.52. In other words, the price has increased by $3.39 from its previous closing price. On the day, 1.61 million shares were traded. GO stock price reached its highest trading level at $17.23 during the session, while it also had its lowest trading level at $16.515.
Ratios:
To gain a deeper understanding of GO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 1.46. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on November 06, 2024, Downgraded its rating to Hold and sets its target price to $16 from $25 previously.
On October 30, 2024, Telsey Advisory Group Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $27 to $19.
BofA Securities Downgraded its Buy to Neutral on October 30, 2024, whereas the target price for the stock was revised from $29 to $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 04 ’25 when Lindberg Eric J. Jr. bought 29,536 shares for $16.88 per share.
Ragatz Erik D. bought 110,000 shares of GO for $2,007,500 on Nov 15 ’24. The Director now owns 539,785 shares after completing the transaction at $18.25 per share. On Nov 13 ’24, another insider, Sheedy Robert Joseph Jr., who serves as the Former Officer and Director of the company, bought 11,537 shares for $19.26 each.
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 1659089664 and an Enterprise Value of 3172092160. As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.29, and their Forward P/E ratio for the next fiscal year is 18.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 369.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 0.744 whereas that against EBITDA is 16.039.
Stock Price History:
The Beta on a monthly basis for GO is 0.31, which has changed by -0.33252525 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, GO has reached a high of $29.19, while it has fallen to a 52-week low of $13.60. The 50-Day Moving Average of the stock is -1.81%, while the 200-Day Moving Average is calculated to be -10.67%.
Shares Statistics:
It appears that GO traded 1.93M shares on average per day over the past three months and 2149430 shares per day over the past ten days. A total of 98.64M shares are outstanding, with a floating share count of 92.71M. Insiders hold about 4.56% of the company’s shares, while institutions hold 104.56% stake in the company. Shares short for GO as of 1736899200 were 10497684 with a Short Ratio of 5.45, compared to 1734048000 on 7999696. Therefore, it implies a Short% of Shares Outstanding of 10497684 and a Short% of Float of 11.1999996.
Earnings Estimates
Grocery Outlet Holding Corp (GO) is presently subject to a detailed evaluation by 15.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.16, with high estimates of $0.24 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.8 and $0.77 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $0.94, with 15.0 analysts recommending between $1.1 and $0.85.
Revenue Estimates
In the current quarter, 14 analysts expect revenue to total $1.09B. It ranges from a high estimate of $1.1B to a low estimate of $1.08B. As of the current estimate, Grocery Outlet Holding Corp’s year-ago sales were $989.82MFor the next quarter, 14 analysts are estimating revenue of $1.15B. There is a high estimate of $1.21B for the next quarter, whereas the lowest estimate is $1.11B.
A total of 15 analysts have provided revenue estimates for GO’s current fiscal year. The highest revenue estimate was $4.37B, while the lowest revenue estimate was $4.35B, resulting in an average revenue estimate of $4.36B. In the same quarter a year ago, actual revenue was $3.97BBased on 15 analysts’ estimates, the company’s revenue will be $4.73B in the next fiscal year. The high estimate is $4.86B and the low estimate is $4.61B.
