The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Grocery Outlet Holding Corp (NASDAQ: GO) was $12.95 for the day, up 8.01% from the previous closing price of $11.99. In other words, the price has increased by $8.01 from its previous closing price. On the day, 1.89 million shares were traded. GO stock price reached its highest trading level at $13.06 during the session, while it also had its lowest trading level at $12.03.
Ratios:
Our analysis of GO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1260784896 and an Enterprise Value of 2854583296. As of this moment, Grocery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.60, and their Forward P/E ratio for the next fiscal year is 14.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.46. 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 13.525.
Stock Price History:
The Beta on a monthly basis for GO is 0.49, which has changed by -0.5378301 over the last 52 weeks, in comparison to a change of 0.09589827 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 -14.63%, while the 200-Day Moving Average is calculated to be -27.09%.
Shares Statistics:
GO traded an average of 2.44M shares per day over the past three months and 3182750 shares per day 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 107.07% stake in the company. Shares short for GO as of 1740700800 were 11806886 with a Short Ratio of 4.85, compared to 1738281600 on 10230450. Therefore, it implies a Short% of Shares Outstanding of 11806886 and a Short% of Float of 12.560001000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
