Grocery Outlet FY2025 EPS Increased 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 report issued on Wednesday, May 7th. Telsey Advisory Group analyst J. Feldman now forecasts that the company will post earnings per share of $0.58 for the year, up from their previous forecast of $0.57. Telsey Advisory Group 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.

GO has been the subject of several other reports. Bank of America decreased their target price on shares of Grocery Outlet from $20.00 to $17.00 and set a "neutral" rating for the company in a research report on Wednesday, February 26th. The Goldman Sachs Group reduced their price objective on shares of Grocery Outlet from $14.00 to $11.00 and set a "sell" rating for the company in a research note on Thursday, February 27th. 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 research note on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft cut shares of Grocery Outlet from a "buy" rating to a "hold" rating and set a $12.00 price objective for the company. in a research note on Wednesday, February 26th. Finally, Jefferies Financial Group upgraded shares of Grocery Outlet from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $13.00 to $18.00 in a research note on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $15.62.

Grocery Outlet Trading Up 0.8%

Shares of Grocery Outlet stock traded up $0.11 during trading on Monday, hitting $14.08. The stock had a trading volume of 348,747 shares, compared to its average volume of 2,394,989. The stock has a 50 day simple moving average of $14.22 and a 200 day simple moving average of $15.79. Grocery Outlet has a 1 year low of $10.26 and a 1 year high of $23.25. The company has a market capitalization of $1.38 billion, a PE ratio of 27.70, a P/E/G ratio of 9.08 and a beta of 0.42. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.34.

Grocery Outlet (NASDAQ:GO - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.06. The business had revenue of $1.13 billion for 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 business's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 EPS.

Insiders Place Their Bets

In other Grocery Outlet news, EVP Steven K. Wilson sold 6,477 shares of the company's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $11.34, for a total value of $73,449.18. Following the transaction, the executive vice president now directly owns 173,605 shares in the company, valued at $1,968,680.70. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Christopher M. Miller acquired 10,000 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was bought at an average price of $11.68 per share, for a total transaction of $116,800.00. Following the completion of the acquisition, the chief financial officer now owns 10,000 shares of the company's stock, valued at approximately $116,800. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 219,000 shares of company stock worth $2,709,790 and have sold 17,756 shares worth $216,892. Corporate insiders own 4.50% of the company's stock.

Hedge Funds Weigh In On Grocery Outlet

Institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC grew its stake in shares of Grocery Outlet by 1,224.1% in the third quarter. Barclays PLC now owns 300,393 shares of the company's stock valued at $5,271,000 after acquiring an additional 277,706 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Grocery Outlet by 2.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 46,875 shares of the company's stock valued at $732,000 after purchasing an additional 1,240 shares during the period. Decker Retirement Planning Inc. acquired a new stake in Grocery Outlet during the 4th quarter valued at approximately $31,000. Red Spruce Capital LLC increased its position in Grocery Outlet by 10.2% during the 4th quarter. Red Spruce Capital LLC now owns 130,924 shares of the company's stock valued at $2,044,000 after purchasing an additional 12,124 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Grocery Outlet during the 4th quarter worth approximately $658,000. 99.87% of the stock is currently owned by institutional investors and hedge funds.

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.