Grocery Outlet FY2025 EPS Boosted by Telsey Advisory Group

Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) - Equities researchers at Telsey Advisory Group raised their FY2025 earnings estimates for shares of Grocery Outlet in a note issued to investors on Wednesday, May 7th. Telsey Advisory Group analyst J. Feldman now anticipates that the company will post earnings of $0.58 per share for the year, up from their prior estimate of $0.57. Telsey Advisory Group currently has a "Market Perform" rating and a $16.00 price target on the stock. The consensus estimate for Grocery Outlet's current full-year earnings is $0.63 per share. Telsey Advisory Group also issued estimates for Grocery Outlet's Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.15 EPS and FY2026 earnings at $0.70 EPS.

Other equities analysts have also recently issued reports about the company. UBS Group lifted their price target on Grocery Outlet from $14.50 to $17.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Wells Fargo & Company upped their price target on Grocery Outlet from $18.00 to $19.00 and gave the company an "overweight" rating in a research report on Wednesday, May 7th. Morgan Stanley cut their price objective on shares of Grocery Outlet from $13.00 to $10.00 and set an "underperform" rating for the company in a research report on Wednesday, February 26th. Bank of America decreased their target price on shares of Grocery Outlet from $20.00 to $17.00 and set a "neutral" rating on the stock in a report on Wednesday, February 26th. Finally, Jefferies Financial Group raised shares of Grocery Outlet from a "hold" rating to a "buy" rating and raised their price target for the company from $13.00 to $18.00 in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $15.62.

Grocery Outlet Stock Performance

GO stock traded down $0.23 during midday trading on Monday, reaching $13.48. 3,808,979 shares of the company's stock traded hands, compared to its average volume of 2,417,837. The firm has a market capitalization of $1.32 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 9.08 and a beta of 0.42. The company has a 50-day moving average price of $14.20 and a two-hundred day moving average price of $15.83. Grocery Outlet has a 52 week low of $10.26 and a 52 week high of $23.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 1.46.

Grocery Outlet (NASDAQ:GO - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.06. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.12 billion. Grocery Outlet had a net margin of 1.20% and a return on equity of 5.25%. The company's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 EPS.

Insider Buying and Selling

In other Grocery Outlet news, EVP Steven K. Wilson sold 6,477 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $11.34, for a total value of $73,449.18. Following the completion of the sale, the executive vice president now owns 173,605 shares in the company, valued at approximately $1,968,680.70. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Erik D. Ragatz acquired 19,000 shares of the company's stock in a transaction dated Friday, May 9th. The shares were bought at an average cost of $14.46 per share, with a total value of $274,740.00. Following the purchase, the director now owns 19,000 shares of the company's stock, valued at approximately $274,740. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 219,000 shares of company stock worth $2,709,790 and have sold 17,756 shares worth $216,892. 4.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Grocery Outlet

Several hedge funds and other institutional investors have recently modified their holdings of the company. Decker Retirement Planning Inc. bought a new position in Grocery Outlet in the 4th quarter worth $31,000. Aster Capital Management DIFC Ltd bought a new position in Grocery Outlet in the fourth quarter worth about $41,000. US Bancorp DE raised its stake in Grocery Outlet by 64.2% in the first quarter. US Bancorp DE now owns 3,024 shares of the company's stock worth $42,000 after buying an additional 1,182 shares in the last quarter. Quadrant Capital Group LLC lifted its holdings in Grocery Outlet by 276.3% in the fourth quarter. Quadrant Capital Group LLC now owns 2,773 shares of the company's stock worth $43,000 after buying an additional 2,036 shares during the period. Finally, KBC Group NV boosted its position in Grocery Outlet by 62.7% during the 4th quarter. KBC Group NV now owns 4,506 shares of the company's stock valued at $70,000 after acquiring an additional 1,736 shares in the last quarter. 99.87% of the stock is owned by institutional investors.

About Grocery Outlet

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.