Grocery Stocks To Research - November 10th

Key Points

• MarketBeat’s grocery-stock screener highlighted five names with high recent dollar trading volume: Maplebear (Instacart), Casey’s General Stores, Conagra Brands, CAVA Group, and BJ’s Wholesale Club.
• In Tuesday trading, Casey’s and BJ’s shares rose to $695.97 and $110.78, respectively, while Maplebear, Conagra, and CAVA shares declined.
• The companies span online grocery and retailer services, convenience stores, packaged foods, restaurants, and membership warehouse retail.

Maplebear, Casey's General Stores, Conagra Brands, CAVA Group, and BJ's Wholesale Club are the five Grocery stocks to watch today, according to MarketBeat's stock screener tool. “Grocery stocks” are shares of publicly traded companies that sell groceries, such as supermarket chains and grocery-focused retailers. Investors may also use the term more broadly for companies involved in grocery distribution or food retail, whose performance can be influenced by consumer spending, food prices, and competition. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

Maplebear (CART)

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.

Shares of NASDAQ:CART traded down $0.29 during midday trading on Tuesday, reaching $58.17. 1,737,866 shares of the company traded hands, compared to its average volume of 4,760,381. Maplebear has a 12 month low of $32.73 and a 12 month high of $62.00. The firm has a market capitalization of $13.47 billion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 1.18 and a beta of 0.69. The firm's fifty day moving average price is $49.94 and its two-hundred day moving average price is $43.86.

Read Our Latest Research Report on CART

Casey's General Stores (CASY)

Casey's General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.

CASY stock traded up $3.83 during mid-day trading on Tuesday, reaching $695.97. 113,455 shares of the company traded hands, compared to its average volume of 517,364. The company has a fifty day moving average price of $657.39 and a 200-day moving average price of $741.31. Casey's General Stores has a 52-week low of $529.84 and a 52-week high of $927.85. The company has a market capitalization of $25.72 billion, a P/E ratio of 33.52, a P/E/G ratio of 2.18 and a beta of 0.59. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.61.

Read Our Latest Research Report on CASY

Conagra Brands (CAG)

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.

NYSE:CAG traded down $0.07 during trading hours on Tuesday, hitting $15.21. The stock had a trading volume of 5,081,391 shares, compared to its average volume of 14,516,298. The company has a 50 day simple moving average of $14.54 and a two-hundred day simple moving average of $15.26. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.10 and a quick ratio of 0.39. Conagra Brands has a one year low of $12.53 and a one year high of $20.32. The firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of -3.82 and a beta of 0.02.

Read Our Latest Research Report on CAG

CAVA Group (CAVA)

CAVA Group stock traded down $1.41 during midday trading on Tuesday, hitting $60.94. 811,855 shares of the company's stock were exchanged, compared to its average volume of 3,387,329. CAVA Group has a 52-week low of $43.41 and a 52-week high of $98.79. The stock has a 50-day moving average price of $55.63 and a two-hundred day moving average price of $71.07. The company has a market cap of $7.12 billion, a P/E ratio of 112.95, a PEG ratio of 4.94 and a beta of 1.75.

Read Our Latest Research Report on CAVA

BJ's Wholesale Club (BJ)

BJ's Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

Shares of BJ stock traded up $0.98 during trading on Tuesday, hitting $110.78. The company had a trading volume of 341,588 shares, compared to its average volume of 1,969,971. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock's 50-day moving average is $98.45 and its two-hundred day moving average is $94.99. The stock has a market capitalization of $13.99 billion, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 3.26 and a beta of 0.12. BJ's Wholesale Club has a 52 week low of $83.21 and a 52 week high of $113.35.

Read Our Latest Research Report on BJ

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