Q2 EPS Estimates for Grocery Outlet Cut by Zacks Research

Grocery Outlet Holding Corp. (NASDAQ:GO - Free Report) - Research analysts at Zacks Research lowered their Q2 2025 EPS estimates for Grocery Outlet in a research report issued to clients and investors on Tuesday, May 20th. Zacks Research analyst S. Singh now forecasts that the company will post earnings per share of $0.13 for the quarter, down from their previous estimate of $0.18. 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 Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.13 EPS and Q3 2026 earnings at $0.30 EPS.

A number of other equities research analysts have also commented on GO. Deutsche Bank Aktiengesellschaft lowered shares of Grocery Outlet from a "buy" rating to a "hold" rating and set a $12.00 price objective on the stock. in a report on Wednesday, February 26th. Bank of America lowered their price target on shares of Grocery Outlet from $20.00 to $17.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 26th. The Goldman Sachs Group lowered their price target on shares of Grocery Outlet from $14.00 to $11.00 and set a "sell" rating on the stock in a research note on Thursday, February 27th. Wells Fargo & Company lifted their price target on shares of Grocery Outlet from $18.00 to $19.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Finally, Jefferies Financial Group upgraded shares of Grocery Outlet from a "hold" rating to a "buy" rating and lifted their price target for the company 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 assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $15.62.

Grocery Outlet Stock Down 1.4%

Shares of NASDAQ:GO traded down $0.19 during midday trading on Thursday, reaching $13.29. 2,080,566 shares of the company were exchanged, compared to its average volume of 2,428,945. Grocery Outlet has a fifty-two week low of $10.26 and a fifty-two week high of $22.79. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $14.37 and a two-hundred day simple moving average of $15.75. The firm has a market cap of $1.30 billion, a PE ratio of 26.06, a P/E/G ratio of 9.08 and a beta of 0.42.

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

Institutional Trading of Grocery Outlet

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Amundi raised its stake in Grocery Outlet by 0.6% in the 4th quarter. Amundi now owns 116,139 shares of the company's stock worth $1,895,000 after purchasing an additional 719 shares in the last quarter. Cedar Wealth Management LLC raised its stake in Grocery Outlet by 3.9% in the 4th quarter. Cedar Wealth Management LLC now owns 20,370 shares of the company's stock worth $318,000 after purchasing an additional 765 shares in the last quarter. US Bancorp DE raised its stake in Grocery Outlet by 64.2% in the 1st quarter. US Bancorp DE now owns 3,024 shares of the company's stock worth $42,000 after purchasing an additional 1,182 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Grocery Outlet by 9.6% in the 4th quarter. Integrated Wealth Concepts LLC now owns 15,671 shares of the company's stock valued at $245,000 after buying an additional 1,377 shares in the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of Grocery Outlet by 9.1% in the 4th quarter. Guggenheim Capital LLC now owns 16,955 shares of the company's stock valued at $265,000 after buying an additional 1,408 shares in the last quarter. Institutional investors and hedge funds own 99.87% of the company's stock.

Insider Activity

In related news, Director Erik D. Ragatz bought 19,000 shares of Grocery Outlet stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average price of $14.46 per share, with a total value of $274,740.00. Following the acquisition, the director now owns 19,000 shares of the company's stock, valued at approximately $274,740. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Christopher M. Miller bought 10,000 shares of Grocery Outlet stock in a transaction that occurred on Thursday, February 27th. The shares were bought at an average cost of $11.68 per share, with a total value of $116,800.00. Following the acquisition, the chief financial officer now directly owns 10,000 shares in the company, valued at $116,800. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders bought 219,000 shares of company stock valued at $2,709,790 and sold 19,124 shares valued at $235,730. 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.