S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
S&P 500   4,532.76
DOW   35,028.65
QQQ   366.48
NASDAQ:GO

Grocery Outlet Stock Forecast, Price & News

$24.99
-0.46 (-1.81%)
(As of 01/19/2022 04:00 PM ET)
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Today's Range
$24.14
$25.32
50-Day Range
$24.99
$29.00
52-Week Range
$21.01
$46.58
Volume
909,310 shs
Average Volume
663,136 shs
Market Capitalization
$2.40 billion
P/E Ratio
31.24
Dividend Yield
N/A
Beta
-0.29
30 days | 90 days | 365 days | Advanced Chart
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Grocery Outlet logo

About Grocery Outlet

Grocery Outlet Holding Corp. engages in the operation of retail stores in the United States. It offers name-brand consumables and fresh products through a network of independently operated stores. The company was founded by Jim Read in 1946 and is headquartered in Emeryville, CA.

Headlines

Grocery Outlet (NASDAQ:GO) Shares Gap Down to $25.45
January 19, 2022 |  americanbankingnews.com
Grocery Outlet (NASDAQ:GO) Shares Gap Down to $25.45
January 19, 2022 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
N/A
Fax
N/A
Employees
860
Year Founded
N/A

Sales & Book Value

Annual Sales
$3.13 billion
Cash Flow
$1.81 per share
Book Value
$9.80 per share

Profitability

Net Income
$106.71 million
Pretax Margin
2.89%

Debt

Price-To-Earnings

Miscellaneous

Free Float
84,687,000
Market Cap
$2.40 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
1/20/2022
Next Earnings (Estimated)
3/01/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.95 out of 5 stars

Consumer Staples Sector

93rd out of 184 stocks

Grocery Stores Industry

5th out of 12 stocks

Analyst Opinion: 3.1Community Rank: 1.5Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Grocery Outlet (NASDAQ:GO) Frequently Asked Questions

Is Grocery Outlet a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Grocery Outlet stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GO, but not buy additional shares or sell existing shares.
View analyst ratings for Grocery Outlet
or view top-rated stocks.

How has Grocery Outlet's stock been impacted by Coronavirus?

Grocery Outlet's stock was trading at $32.52 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GO stock has decreased by 23.2% and is now trading at $24.99.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Grocery Outlet?

Grocery Outlet saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 8,210,000 shares, an increase of 29.7% from the November 30th total of 6,330,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the days-to-cover ratio is currently 6.6 days. Approximately 9.4% of the company's shares are sold short.
View Grocery Outlet's Short Interest
.

When is Grocery Outlet's next earnings date?

Grocery Outlet is scheduled to release its next quarterly earnings announcement on Tuesday, March 1st 2022.
View our earnings forecast for Grocery Outlet
.

How were Grocery Outlet's earnings last quarter?

Grocery Outlet Holding Corp. (NASDAQ:GO) posted its earnings results on Monday, November, 8th. The company reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The firm had revenue of $768.88 million for the quarter, compared to the consensus estimate of $781.21 million. Grocery Outlet had a trailing twelve-month return on equity of 9.62% and a net margin of 2.58%. During the same quarter in the prior year, the company posted $0.50 EPS.
View Grocery Outlet's earnings history
.

What price target have analysts set for GO?

8 equities research analysts have issued twelve-month price targets for Grocery Outlet's stock. Their forecasts range from $23.00 to $35.00. On average, they anticipate Grocery Outlet's share price to reach $29.75 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Grocery Outlet
or view top-rated stocks among Wall Street analysts.

Who are Grocery Outlet's key executives?

Grocery Outlet's management team includes the following people:
  • Eric J. Lindberg, Chief Executive Officer & Director (LinkedIn Profile)
  • Robert Joseph Sheedy, President
  • Charles C. Bracher, Chief Financial Officer & Executive Vice President
  • Steve Tuscher, Vice President-Information Technology
  • Harrison Lewis, Chief Information Officer & Senior Vice President

What is Eric Lindberg/ MacGregor Read's approval rating as Grocery Outlet's CEO?

142 employees have rated Grocery Outlet CEO Eric Lindberg/ MacGregor Read on Glassdoor.com. Eric Lindberg/ MacGregor Read has an approval rating of 93% among Grocery Outlet'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?

(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 acted as the underwriters for the IPO and Telsey Advisory Group, Drexel Hamilton and Penserra Securities were co-managers.

What is Grocery Outlet's stock symbol?

Grocery Outlet trades on the NASDAQ under the ticker symbol "GO."

Who are Grocery Outlet's major shareholders?

Grocery Outlet's stock is owned by a variety of institutional and retail investors. Top institutional investors include Spire Wealth Management (0.02%), State of Alaska Department of Revenue (0.01%), Precision Wealth Strategies LLC (0.01%), Crossmark Global Holdings Inc. (0.01%) and Cutler Group LP (0.00%). Company insiders that own Grocery Outlet stock include Brian Mcandrews, Charles Bracher, Corporate Investors Vii L H&F, Eric J Jr Lindberg, Eric J Jr Lindberg, Heather L Mayo, Jeffrey York, Lindsay E Gray, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman, Thomas F Herman and Thomas H Mcmahon.
View institutional ownership trends for Grocery Outlet
.

Which major investors are selling Grocery Outlet stock?

GO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold Grocery Outlet company stock in the last year include Brian Mcandrews, Charles Bracher, Eric J Jr Lindberg, Heather L Mayo, Lindsay E Gray, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, and Thomas F Herman.
View insider buying and selling activity for Grocery Outlet
or view top insider-selling stocks.

Which major investors are buying Grocery Outlet stock?

GO stock was bought by a variety of institutional investors in the last quarter, including Precision Wealth Strategies LLC, Crossmark Global Holdings Inc., Spire Wealth Management, and Cutler Group LP.
View insider buying and selling activity for Grocery Outlet
or or view top insider-buying stocks.

How do I buy shares of Grocery Outlet?

Shares of GO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Grocery Outlet's stock price today?

One share of GO stock can currently be purchased for approximately $24.99.

How much money does Grocery Outlet make?

Grocery Outlet has a market capitalization of $2.40 billion and generates $3.13 billion in revenue each year. The company earns $106.71 million in net income (profit) each year or $0.80 on an earnings per share basis.

How many employees does Grocery Outlet have?

Grocery Outlet employs 860 workers across the globe.

What is Grocery Outlet's official website?

The official website for Grocery Outlet is www.groceryoutlet.com.

Where are Grocery Outlet's headquarters?

Grocery Outlet is headquartered at 5650 HOLLIS STREET, EMERYVILLE CA, 94608.

How can I contact Grocery Outlet?

Grocery Outlet's mailing address is 5650 HOLLIS STREET, EMERYVILLE CA, 94608. The company can be reached via phone at (510) 845-1999 or via email at [email protected].


This page was last updated on 1/20/2022 by MarketBeat.com Staff

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