NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free GO Stock Alerts $22.00 -0.62 (-2.74%) (As of 05/28/2024 ET) Add Compare Share Share Today's Range$22.00▼$22.7750-Day Range$19.77▼$29.0052-Week Range$19.73▼$36.54Volume1.30 million shsAverage Volume1.49 million shsMarket Capitalization$2.20 billionP/E Ratio34.38Dividend YieldN/APrice Target$28.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Grocery Outlet alerts: Email Address Grocery Outlet MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside30.6% Upside$28.90 Price TargetShort InterestBearish8.92% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.77Based on 14 Articles This WeekInsider TradingSelling Shares$13.40 M Sold Last QuarterProj. Earnings Growth31.94%From $0.72 to $0.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.91 out of 5 starsConsumer Staples Sector34th out of 135 stocksGrocery Stores Industry2nd out of 10 stocks 4.1 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 4 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Grocery Outlet's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.92% of the outstanding shares of Grocery Outlet have been sold short.Short Interest Ratio / Days to CoverGrocery Outlet has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Grocery Outlet has recently increased by 16.78%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrocery Outlet does not currently pay a dividend.Dividend GrowthGrocery Outlet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GO. Previous Next 3.2 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search Interest13 people have searched for GO on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.MarketBeat Follows4 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grocery Outlet insiders have sold 303.17% more of their company's stock than they have bought. Specifically, they have bought $3,323,025.00 in company stock and sold $13,397,454.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Grocery Outlet is held by insiders.Percentage Held by Institutions99.87% of the stock of Grocery Outlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Grocery Outlet's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Grocery Outlet are expected to grow by 31.94% in the coming year, from $0.72 to $0.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 34.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 34.58, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.66.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 3.99. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGrocery Outlet has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Grocery Outlet's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-up before it’s too late. It’s urgent because it’s what we consider “The #1 Crypto for the AI World.”Learn more about it by watching THIS NOW. About Grocery Outlet Stock (NASDAQ:GO)Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.Read More GO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GO Stock News HeadlinesMay 23, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Sells 1,332 Shares of StockMay 16, 2024 | insidertrades.comJohn E. Bachman Purchases 10,000 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockMay 14, 2024 | insidertrades.comErik D. Ragatz Buys 100,000 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockMay 28 at 1:59 PM | msn.comMajor grocery chain won't allow large bags at DC stores to combat theftMay 28 at 9:15 AM | msn.com'A phenomenal story': Seltzer's launches guided smokehouse tours during Harvey Seltzer DayMay 25 at 9:40 AM | americanbankingnews.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Sells $29,876.76 in StockMay 23, 2024 | msn.com'Extreme-value' grocery outlet opening in Cincinnati next monthMay 22, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 21, 2024 | msn.com'Extreme-value' grocery store to open in the Eastgate areaMay 21, 2024 | markets.businessinsider.comBuy Rating Affirmed for Grocery Outlet Holding Corp. Amid Expansion Potential and Strong Sales OutlookMay 19, 2024 | 247wallst.comCEOs and Other Insiders Are Buying Shares of These 7 StocksMay 17, 2024 | businesswire.comUnveiling the HPC Future with xFusion at ISC 2024May 17, 2024 | businesswire.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against Grocery Outlet Holding Corp. (GO)May 16, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 16, 2024 | benzinga.comTop 2 Risk Off Stocks You'll Regret Missing This Quarter - Grocery Outlet Holding (NASDAQ:GO)May 15, 2024 | finance.yahoo.comDirector John Bachman Acquires 10,000 Shares of Grocery Outlet Holding Corp (GO)May 14, 2024 | benzinga.comOver $2M Bet On Grocery Outlet? Check Out These 4 Stocks Insiders Are BuyingMay 13, 2024 | msn.comGrocery Outlet Stock (NASDAQ:GO): Secular Business Is Ripe for the PickingMay 13, 2024 | investorplace.comSlow Jobs, Fast Profits: 7 Stocks to Scoop Up After April's Lackluster ReportMay 10, 2024 | msn.comRSI Oversold: The Contrarian Indicator Identified an Opportunity in Grocery Outlet (GO)May 10, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextMay 9, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 8, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Grocery Outlet HoldingMay 8, 2024 | finance.yahoo.comGrocery Outlet (GO) Stock Trades Down, Here Is WhyMay 8, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. (NASDAQ:GO) Q1 2024 Earnings Call TranscriptSee More Headlines Receive GO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grocery Outlet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/28/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryN/A Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees901Year FoundedN/APrice Target and Rating Average Stock Price Target$28.90 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+30.9%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio34.50 Forward P/E Ratio30.67 P/E Growth3.99Net Income$79.44 million Net Margins1.60% Pretax Margin1.98% Return on Equity5.46% Return on Assets2.24% Debt Debt-to-Equity Ratio0.23 Current Ratio1.25 Quick Ratio0.30 Sales & Book Value Annual Sales$3.97 billion Price / Sales0.56 Cash Flow$1.70 per share Price / Cash Flow13.01 Book Value$12.28 per share Price / Book1.80Miscellaneous Outstanding Shares99,860,000Free Float95,368,000Market Cap$2.20 billion OptionableOptionable Beta0.13 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Robert Joseph Sheedy Jr. (Age 48)President, CEO & Director Comp: $1.32MMs. Pamela B. Burke (Age 56)Chief Stores Officer & Executive VP Comp: $918.61kMr. Steven K. Wilson (Age 59)Executive VP & Chief Purchasing Officer Comp: $746.29kMs. Lindsay E. Gray (Age 39)Interim CFO & Senior VP of Accounting Mr. Ramesh Chikkala (Age 58)Executive VP & Chief Operations Officer Mr. Harrison LewisSenior VP & Chief Information OfficerMr. Luke D. Thompson (Age 51)Executive VP, General Counsel & Corporate Secretary Jon DeckerSenior Vice President of Stores, Sales & MerchandisingAlejandro Alvarez CorreaSenior VP & Chief Marketing OfficerMs. Andrea R. Bortner (Age 62)Executive VP & Chief Human Resources Officer More ExecutivesKey CompetitorsBBB FoodsNYSE:TBBBEnergizerNYSE:ENRTootsie Roll IndustriesNYSE:TRJohn Wiley & SonsNYSE:WLYBJohn Wiley & SonsNYSE:WLYView All CompetitorsInsiders & InstitutionsLuke D ThompsonSold 1,332 sharesTotal: $29,876.76 ($22.43/share)Tidal Investments LLCBought 15,369 shares on 5/17/2024Ownership: 0.039%Comerica BankSold 1,350 shares on 5/17/2024Ownership: 0.037%Walleye Trading LLCBought 12,900 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemSold 4,945 shares on 5/16/2024Ownership: 0.095%View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions Should I buy or sell Grocery Outlet stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last year. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GO, but not buy additional shares or sell existing shares. View GO analyst ratings or view top-rated stocks. What is Grocery Outlet's stock price target for 2024? 10 Wall Street analysts have issued twelve-month target prices for Grocery Outlet's shares. Their GO share price targets range from $20.00 to $39.00. On average, they predict the company's stock price to reach $28.90 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View analysts price targets for GO or view top-rated stocks among Wall Street analysts. How have GO shares performed in 2024? Grocery Outlet's stock was trading at $26.96 at the beginning of the year. Since then, GO shares have decreased by 17.9% and is now trading at $22.13. View the best growth stocks for 2024 here. Are investors shorting Grocery Outlet? Grocery Outlet saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,910,000 shares, an increase of 16.8% from the April 30th total of 7,630,000 shares. Based on an average daily volume of 1,690,000 shares, the days-to-cover ratio is presently 5.3 days. View Grocery Outlet's Short Interest. When is Grocery Outlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our GO earnings forecast. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) released its quarterly earnings data on Tuesday, May, 7th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.10. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. Grocery Outlet had a net margin of 1.60% and a trailing twelve-month return on equity of 5.46%. What ETFs hold Grocery Outlet's stock? ETFs with the largest weight of Grocery Outlet (NASDAQ:GO) stock in their portfolio include Invesco Food & Beverage ETF (PBJ).First Trust Consumer Staples AlphaDEX Fund (FXG). What guidance has Grocery Outlet issued on next quarter's earnings? Grocery Outlet updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.890-0.950 for the period, compared to the consensus earnings per share estimate of 1.170. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. What is Eric Lindberg/ MacGregor Read's approval rating as Grocery Outlet's CEO? 142 employees have rated Grocery Outlet Chief Executive Officer Eric Lindberg/ MacGregor Read on Glassdoor.com. Eric Lindberg/ MacGregor Read has an approval rating of 93% among the company's employees. This puts Eric Lindberg/ MacGregor Read in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. When did Grocery Outlet IPO? Grocery Outlet (GO) raised $275 million in an initial public offering on Thursday, June 20th 2019. The company issued 17,200,000 shares at $15.00-$17.00 per share. BofA Merrill Lynch, Morgan Stanley, Deutsche Bank Securities, Jefferies, Barclays, Goldman Sachs, Guggenheim Securities, UBS Investment Bank and Cowen acted as the underwriters for the IPO and Telsey Advisory Group, Drexel Hamilton and Penserra Securities were co-managers. Who are Grocery Outlet's major shareholders? Grocery Outlet's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.33%), Capital Research Global Investors (8.25%), 12 West Capital Management LP (3.62%), Capital World Investors (3.58%), Clearbridge Investments LLC (2.94%) and Jackson Square Partners LLC (2.71%). Insiders that own company stock include Andrea Renee Bortner, Brian Mcandrews, Charles Bracher, Eric J Jr Lindberg, Eric J Jr Lindberg, Erik D Ragatz, Jeffrey York, John E Bachman, Lindsay E Gray, Luke D Thompson, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman and Thomas F Herman. View institutional ownership trends. How do I buy shares of Grocery Outlet? Shares of GO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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