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In the latest session, Grocery Outlet Holding Corp (NASDAQ: GO) closed at $10.99 down -30.18% from its previous closing price of $15.74. In other words, the price has decreased by -$30.18 from its previous closing price. On the day, 15.27 million shares were traded.
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 Feb 04 ’25 when Lindberg Eric J. Jr. sold 29,536 shares for $16.88 per share. The transaction valued at 498,568 led to the insider holds 119,874 shares of the business.
Lindberg Eric J. Jr. bought 29,536 shares of GO for $498,515 on Feb 04 ’25. On Nov 15 ’24, another insider, Ragatz Erik D., who serves as the Director of the company, bought 110,000 shares for $18.25 each. As a result, the insider paid 2,007,500 and bolstered with 539,785 shares of the company.
Valuation Measures:
As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.92, and their Forward P/E ratio for the next fiscal year is 12.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.88.
Stock Price History:
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 -32.68%, while the 200-Day Moving Average is calculated to be -40.21%.
Shares Statistics:
A total of 97.14M shares are outstanding, with a floating share count of 92.95M. Insiders hold about 4.31% of the company’s shares, while institutions hold 107.33% stake in the company.
Earnings Estimates
Currently, 13.0 analysts are dedicated to thoroughly evaluating and rating the performance of Grocery Outlet Holding Corp (GO) in the stock market.The consensus estimate for the next quarter is $0.23, with high estimates of $0.34 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.94 and $0.7 for the fiscal current year, implying an average EPS of $0.76. EPS for the following year is $0.91, with 14.0 analysts recommending between $1.15 and $0.73.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $1.13B this quarter.It ranges from a high estimate of $1.17B to a low estimate of $1.09B. As of the current estimate, Grocery Outlet Holding Corp’s year-ago sales were $1.04BFor the next quarter, 13 analysts are estimating revenue of $1.21B. There is a high estimate of $1.24B for the next quarter, whereas the lowest estimate is $1.19B.
A total of 15 analysts have provided revenue estimates for GO’s current fiscal year. The highest revenue estimate was $4.82B, while the lowest revenue estimate was $4.71B, resulting in an average revenue estimate of $4.74B. In the same quarter a year ago, actual revenue was $4.37BBased on 14 analysts’ estimates, the company’s revenue will be $5.07B in the next fiscal year. The high estimate is $5.23B and the low estimate is $4.93B.
