For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $16.68 in the prior trading day, Grocery Outlet Holding Corp (NASDAQ: GO) closed at $16.04, down -3.84%. In other words, the price has decreased by -$3.84 from its previous closing price. On the day, 2.17 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 0.33 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:
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 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 31.27, and their Forward P/E ratio for the next fiscal year is 17.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 54.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.29.
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 -4.69%, while the 200-Day Moving Average is calculated to be -14.13%.
Shares Statistics:
A total of 98.64M shares are outstanding, with a floating share count of 92.92M. Insiders hold about 4.34% of the company’s shares, while institutions hold 107.33% stake in the company.
Earnings Estimates
The company has 15.0 analysts who recommend its stock at the moment. 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
14 analysts predict $1.09B in revenue for the current quarter. 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.
