For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $11.83 in the prior trading day, Grocery Outlet Holding Corp (NASDAQ: GO) closed at $11.87, up 0.34%. In other words, the price has increased by $0.34 from its previous closing price. On the day, 4.22 million shares were traded.
Ratios:
Our goal is to gain a better understanding of GO by taking a closer look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 27 ’25 when MILLER CHRISTOPHER M bought 10,000 shares for $11.68 per share. The transaction valued at 116,800 led to the insider holds 10,000 shares of the business.
Lindberg Eric J. Jr. sold 29,536 shares of GO for $498,568 on Feb 04 ’25. The Director now owns 119,874 shares after completing the transaction at $16.88 per share. On Feb 04 ’25, another insider, Lindberg Eric J. Jr., who serves as the Director of the company, bought 29,536 shares for $16.88 each.
Valuation Measures:
As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.88, and their Forward P/E ratio for the next fiscal year is 13.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.96.
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 $10.26. The 50-Day Moving Average of the stock is -25.96%, while the 200-Day Moving Average is calculated to be -35.10%.
Shares Statistics:
A total of 97.26M shares are outstanding, with a floating share count of 93.16M. Insiders hold about 4.31% of the company’s shares, while institutions hold 107.09% stake in the company.
