NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis $20.80 +1.02 (+5.16%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$19.82▼$20.8050-Day Range$18.85▼$23.0052-Week Range$18.79▼$36.54Volume2.33 million shsAverage Volume1.67 million shsMarket Capitalization$2.08 billionP/E Ratio32.50Dividend YieldN/APrice Target$28.82 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Grocery Outlet alerts: Email Address Grocery Outlet MarketRank™ Stock AnalysisAnalyst RatingHold2.27 Rating ScoreUpside/Downside38.5% Upside$28.82 Price TargetShort InterestBearish12.72% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.34Based on 7 Articles This WeekInsider TradingAcquiring Shares$2.29 M Bought Last QuarterProj. Earnings Growth36.23%From $0.69 to $0.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.01 out of 5 starsConsumer Staples Sector43rd out of 136 stocksGrocery Stores Industry2nd out of 11 stocks 4.1 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 5 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Grocery Outlet's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.72% of the float of Grocery Outlet has been sold short.Short Interest Ratio / Days to CoverGrocery Outlet has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Grocery Outlet has recently increased by 9.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrocery Outlet does not currently pay a dividend.Dividend GrowthGrocery Outlet does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GO. Previous Next 3.0 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search Interest6 people have searched for GO on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grocery Outlet insiders have bought 7,571.12% more of their company's stock than they have sold. Specifically, they have bought $2,291,900.00 in company stock and sold $29,877.00 in company stock.Percentage Held by InsidersOnly 4.50% of the stock of Grocery Outlet is held by insiders.Percentage Held by Institutions99.87% of the stock of Grocery Outlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Grocery Outlet's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Grocery Outlet are expected to grow by 36.23% in the coming year, from $0.69 to $0.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 32.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 32.50, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.89.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 3.48. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGrocery Outlet has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Grocery Outlet's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About Grocery Outlet Stock (NASDAQ:GO)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. The company was founded in 1946 and is headquartered in Emeryville, California.Read More GO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GO Stock News HeadlinesJuly 23, 2024 | globenewswire.comGrocery Outlet Holding Corp. Announces Second Quarter Fiscal 2024 Earnings Release and Conference Call DateJuly 21, 2024 | americanbankingnews.comGrocery Outlet (NASDAQ:GO) Now Covered by Analysts at Wells Fargo & CompanyJuly 27, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...July 20, 2024 | americanbankingnews.comGrocery Outlet Holding Corp. (NASDAQ:GO) Receives $28.90 Consensus Target Price from AnalystsJuly 19, 2024 | msn.comGrocery Outlet opens in Elma, draws a lot of fanfareJuly 19, 2024 | msn.comWells Fargo Initiates Coverage of Grocery Outlet Holding (GO) with Overweight RecommendationJune 26, 2024 | globenewswire.comGrocery Outlet Announces Fourteenth Annual Independence from Hunger CampaignJune 7, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOJuly 27, 2024 | Monument Traders Alliance (Ad)NEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands of Americans...June 5, 2024 | globenewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 30, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 30, 2024 | seekingalpha.comGrocery Outlet Holding: Remain Sell Rated As SSS Outlook Is Still UncertainMay 29, 2024 | ca.style.yahoo.comHurry! Coach Outlet's massive sale ends tonight: 12 best deals you can still shop at up to 70% off (starting at $31!)May 28, 2024 | msn.comMajor grocery chain won't allow large bags at DC stores to combat theftMay 28, 2024 | msn.com'A phenomenal story': Seltzer's launches guided smokehouse tours during Harvey Seltzer DayMay 23, 2024 | msn.com'Extreme-value' grocery outlet opening in Cincinnati next monthMay 22, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 21, 2024 | msn.com'Extreme-value' grocery store to open in the Eastgate areaSee More Headlines Receive GO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grocery Outlet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryRetail Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees950Year FoundedN/APrice Target and Rating Average Stock Price Target$28.82 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+38.5%Consensus RatingHold Rating Score (0-4)2.27 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio32.50 Forward P/E Ratio30.14 P/E Growth3.48Net Income$79.44 million Net Margins1.60% Pretax Margin1.98% Return on Equity5.46% Return on Assets2.24% Debt Debt-to-Equity Ratio0.23 Current Ratio1.25 Quick Ratio0.30 Sales & Book Value Annual Sales$4.04 billion Price / Sales0.51 Cash Flow$1.92 per share Price / Cash Flow10.84 Book Value$12.28 per share Price / Book1.69Miscellaneous Outstanding Shares99,862,000Free Float95,368,000Market Cap$2.08 billion OptionableOptionable Beta0.09 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Robert Joseph Sheedy Jr. (Age 48)President, CEO & Director Comp: $1.32MMs. Pamela B. Burke (Age 56)Chief Stores Officer & Executive VP Comp: $918.61kMr. Steven K. Wilson (Age 59)Executive VP & Chief Purchasing Officer Comp: $746.29kMs. Lindsay E. Gray (Age 39)Interim CFO & Senior VP of Accounting Mr. Ramesh Chikkala (Age 58)Executive VP & Chief Operations Officer Mr. Harrison LewisSenior VP & Chief Information OfficerMr. Luke D. Thompson (Age 51)Executive VP, General Counsel & Corporate Secretary Jon DeckerSenior Vice President of Stores, Sales & MerchandisingAlejandro Alvarez CorreaSenior VP & Chief Marketing OfficerMs. Andrea R. Bortner (Age 62)Executive VP & Chief Human Resources Officer More ExecutivesKey CompetitorsWeis MarketsNYSE:WMKIngles MarketsNASDAQ:IMKTANatural Grocers by Vitamin CottageNYSE:NGVCVillage Super MarketNASDAQ:VLGEAVipshopNYSE:VIPSView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 471,125 shares on 7/26/2024Ownership: 0.850%Patten Group Inc.Bought 24,786 shares on 7/26/2024Ownership: 0.025%Louisiana State Employees Retirement SystemBought 21,600 shares on 7/24/2024Ownership: 0.050%Washington Capital Management Inc.Bought 17,900 shares on 7/20/2024Ownership: 0.018%Raymond James & AssociatesBought 26,828 shares on 7/19/2024Ownership: 0.083%View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions How have GO shares performed this year? Grocery Outlet's stock was trading at $26.96 at the start of the year. Since then, GO shares have decreased by 22.8% and is now trading at $20.80. View the best growth stocks for 2024 here. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) announced its quarterly earnings results on Tuesday, May, 7th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.13 by $0.10. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. Grocery Outlet had a trailing twelve-month return on equity of 5.46% and a net margin of 1.60%. What is Eric Lindberg/ MacGregor Read's approval rating as Grocery Outlet's CEO? 142 employees have rated Grocery Outlet Chief Executive Officer Eric Lindberg/ MacGregor Read on Glassdoor.com. Eric Lindberg/ MacGregor Read has an approval rating of 93% among the company's employees. This puts Eric Lindberg/ MacGregor Read in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. When did Grocery Outlet IPO? Grocery Outlet (GO) raised $275 million in an IPO on Thursday, June 20th 2019. The company issued 17,200,000 shares at $15.00-$17.00 per share. BofA Merrill Lynch, Morgan Stanley, Deutsche Bank Securities, Jefferies, Barclays, Goldman Sachs, Guggenheim Securities, UBS Investment Bank and Cowen served as the underwriters for the IPO and Telsey Advisory Group, Drexel Hamilton and Penserra Securities were co-managers. Who are Grocery Outlet's major shareholders? Grocery Outlet's top institutional shareholders include Bank of New York Mellon Corp (0.85%), Red Spruce Capital LLC (0.09%), Raymond James & Associates (0.08%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include S Macgregor Jr Read, Erik D Ragatz, Robert Joseph Jr Sheedy, Steven K Wilson, Charles Bracher, Pamela B Burke, Jeffrey York, Eric J Jr Lindberg, Andrea Renee Bortner, Lindsay E Gray, John E Bachman, Brian Mcandrews and Thomas F Herman. View institutional ownership trends. How do I buy shares of Grocery Outlet? Shares of GO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GO) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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