Grocery Outlet FY2025 EPS Forecast Boosted by Zacks Research

Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) - Analysts at Zacks Research upped their FY2025 earnings per share estimates for shares of Grocery Outlet in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst S. Singh now anticipates that the company will post earnings of $0.59 per share for the year, up from their previous estimate of $0.57. The consensus estimate for Grocery Outlet's current full-year earnings is $0.63 per share. Zacks Research also issued estimates for Grocery Outlet's Q1 2026 earnings at $0.10 EPS, Q2 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.11 EPS, FY2026 earnings at $0.69 EPS, Q1 2027 earnings at $0.11 EPS and FY2027 earnings at $0.74 EPS.

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

Several other research firms also recently issued reports on GO. The Goldman Sachs Group reduced their price target on Grocery Outlet from $14.00 to $11.00 and set a "sell" rating for the company in a research note on Thursday, February 27th. Telsey Advisory Group restated a "market perform" rating and issued a $16.00 price target on shares of Grocery Outlet in a research note on Wednesday, April 30th. Jefferies Financial Group upgraded Grocery Outlet from a "hold" rating to a "buy" rating and boosted their price target for the company from $13.00 to $18.00 in a research note on Wednesday, April 16th. Deutsche Bank Aktiengesellschaft downgraded Grocery Outlet from a "buy" rating to a "hold" rating and set a $12.00 price target for the company. in a research note on Wednesday, February 26th. Finally, UBS Group boosted their price target on Grocery Outlet from $14.50 to $17.00 and gave the company a "neutral" rating in a research note on Wednesday, May 7th. Two 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $15.62.

Grocery Outlet Stock Performance

GO traded down $0.19 during trading on Friday, hitting $13.29. The stock had a trading volume of 2,080,566 shares, compared to its average volume of 2,428,945. The company has a 50 day moving average price of $14.37 and a 200-day moving average price of $15.74. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 26.06, a P/E/G ratio of 9.08 and a beta of 0.42. Grocery Outlet has a one year low of $10.26 and a one year high of $22.79. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.46 and a quick ratio of 0.33.

Insider Transactions at Grocery Outlet

In related news, EVP Steven K. Wilson sold 6,682 shares of the business's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.16, for a total transaction of $87,935.12. Following the sale, the executive vice president now owns 166,923 shares in the company, valued at $2,196,706.68. The trade was a 3.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Erik D. Ragatz acquired 19,000 shares of Grocery Outlet stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of $14.46 per share, for a total transaction of $274,740.00. Following the transaction, the director now directly owns 19,000 shares in the company, valued at $274,740. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 219,000 shares of company stock valued at $2,709,790 and sold 19,124 shares valued at $235,730. 4.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Grocery Outlet

A number of institutional investors have recently made changes to their positions in GO. Barclays PLC grew its position in shares of Grocery Outlet by 1,224.1% in the 3rd quarter. Barclays PLC now owns 300,393 shares of the company's stock valued at $5,271,000 after buying an additional 277,706 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Grocery Outlet during the 4th quarter valued at about $658,000. Janney Montgomery Scott LLC acquired a new position in Grocery Outlet during the 4th quarter worth approximately $869,000. KBC Group NV raised its stake in Grocery Outlet by 62.7% during the 4th quarter. KBC Group NV now owns 4,506 shares of the company's stock worth $70,000 after buying an additional 1,736 shares during the period. Finally, Washington Capital Management Inc. raised its stake in Grocery Outlet by 27.4% during the 4th quarter. Washington Capital Management Inc. now owns 28,400 shares of the company's stock worth $443,000 after buying an additional 6,100 shares during the period. Institutional investors own 99.87% 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.