Brokers Offer Predictions for Grocery Outlet FY2025 Earnings

Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) - Research analysts at Roth Capital boosted their FY2025 earnings per share estimates for Grocery Outlet in a research report issued on Wednesday, August 6th. Roth Capital analyst W. Kirk now anticipates that the company will earn $0.67 per share for the year, up from their prior estimate of $0.63. The consensus estimate for Grocery Outlet's current full-year earnings is $0.63 per share. Roth Capital also issued estimates for Grocery Outlet's Q4 2025 earnings at $0.18 EPS.

Other analysts also recently issued research reports about the stock. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $16.00 target price on shares of Grocery Outlet in a report on Wednesday, August 6th. Craig Hallum raised shares of Grocery Outlet from a "hold" rating to a "buy" rating and set a $17.00 price objective on the stock in a report on Wednesday, August 6th. Morgan Stanley raised shares of Grocery Outlet from an "underweight" rating to an "equal weight" rating and boosted their price objective for the stock from $13.00 to $16.00 in a report on Wednesday, August 6th. UBS Group boosted their price objective on shares of Grocery Outlet from $14.50 to $17.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Finally, Wells Fargo & Company lifted their target price on shares of Grocery Outlet from $18.00 to $19.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $16.08.

Grocery Outlet Stock Performance

NASDAQ GO traded down $0.39 during trading on Monday, reaching $18.00. The company's stock had a trading volume of 1,057,335 shares, compared to its average volume of 3,276,160. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.25 and a current ratio of 1.21. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 257.25, a P/E/G ratio of 4.13 and a beta of 0.27. Grocery Outlet has a twelve month low of $10.26 and a twelve month high of $21.67. The business's fifty day moving average price is $13.95 and its 200-day moving average price is $14.29.

Grocery Outlet (NASDAQ:GO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.17 by $0.06. Grocery Outlet had a net margin of 0.18% and a return on equity of 6.34%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the business earned $0.25 EPS. Grocery Outlet's revenue for the quarter was up 4.5% compared to the same quarter last year.

Institutional Trading of Grocery Outlet

A number of large investors have recently bought and sold shares of GO. Simcoe Capital Management LLC acquired a new stake in Grocery Outlet during the 4th quarter valued at $53,185,000. Wellington Management Group LLP acquired a new stake in shares of Grocery Outlet during the first quarter worth $43,509,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Grocery Outlet by 1,577.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,262,956 shares of the company's stock worth $45,617,000 after buying an additional 3,068,405 shares in the last quarter. Junto Capital Management LP acquired a new stake in shares of Grocery Outlet during the fourth quarter worth $39,128,000. Finally, Solas Capital Management LLC acquired a new stake in shares of Grocery Outlet during the first quarter worth $13,736,000. 99.87% of the stock is owned by institutional investors.

Insider Transactions at Grocery Outlet

In other news, EVP Steven K. Wilson sold 20,000 shares of the company's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $19.20, for a total value of $384,000.00. Following the completion of the sale, the executive vice president directly owned 146,923 shares of the company's stock, valued at $2,820,921.60. This represents a 11.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 4.50% of the company's stock.

Grocery Outlet Company Profile

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.