NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis → He Is Giving Away Bitcoin (From Crypto Swap Profits) (Ad) Free GO Stock Alerts $20.89 -0.03 (-0.14%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$20.17▼$21.1250-Day Range$20.88▼$29.0052-Week Range$19.73▼$36.54Volume2.51 million shsAverage Volume1.72 million shsMarket Capitalization$2.09 billionP/E Ratio32.64Dividend YieldN/APrice Target$29.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Grocery Outlet alerts: Email Address Grocery Outlet MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside38.3% Upside$28.90 Price TargetShort InterestBearish7.64% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.07Based on 33 Articles This WeekInsider TradingSelling Shares$13.37 M Sold Last QuarterProj. Earnings Growth10.53%From $0.95 to $1.05 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.3.77 out of 5 starsConsumer Staples Sector56th out of 140 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 2.20, and is based on 4 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 2.0 Short Interest Percentage of Shares Shorted7.64% of the outstanding shares of Grocery Outlet have been sold short.Short Interest Ratio / Days to CoverGrocery Outlet has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Grocery Outlet has recently decreased by 1.29%, indicating that investor sentiment is improving. 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 2.3 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.07. 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 0.53 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search Interest4 people have searched for GO on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 sold 1,196.41% more of their company's stock than they have bought. Specifically, they have bought $1,031,125.00 in company stock and sold $13,367,577.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Grocery Outlet are expected to grow by 10.53% in the coming year, from $0.95 to $1.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 32.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 32.64, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.96.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 2.39. 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 1.70. 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 TradeSmithThe A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...Click here to see Louis' new video for yourself. 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 HeadlinesApril 22, 2024 | marketbeat.comMerger or Not, Albertson’s Companies is a Good Buy (GO)Albertsons Companies is a value for investors and it pays a higher yield than competitor Kroger. A merger is in the works but shareholders win either way.May 10, 2024 | msn.comRSI Oversold: The Contrarian Indicator Identified an Opportunity in Grocery Outlet (GO)May 11, 2024 | Crypto Swap Profits (Ad)Did You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.May 10, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen NextMay 10, 2024 | americanbankingnews.comGrocery Outlet (NASDAQ:GO) PT Lowered to $27.00May 9, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Grocery Outlet Holding Corp. - GOMay 9, 2024 | americanbankingnews.comGrocery Outlet (NASDAQ:GO) Hits New 52-Week Low After Analyst DowngradeMay 8, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On Grocery Outlet HoldingMay 11, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...May 8, 2024 | finance.yahoo.comGrocery Outlet (GO) Stock Trades Down, Here Is WhyMay 8, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. (NASDAQ:GO) Q1 2024 Earnings Call TranscriptMay 8, 2024 | msn.comNational grocery chain signs lease for first Greater Cleveland storeMay 8, 2024 | fool.comGrocery Outlet (GO) Q1 2024 Earnings Call TranscriptMay 7, 2024 | investorplace.comGO Stock Earnings: Grocery Outlet Holding Misses EPS, Beats Revenue for Q1 2024May 7, 2024 | globenewswire.comGrocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Financial ResultsMay 5, 2024 | americanbankingnews.comGrocery Outlet (GO) to Release Earnings on TuesdayMay 3, 2024 | americanbankingnews.comGrocery Outlet Holding Corp. (NASDAQ:GO) Receives Consensus Recommendation of "Hold" from AnalystsApril 28, 2024 | msn.comWhy do some neighborhoods get a grocery store and others don’t? Hundreds of nitpicky reasonsApril 25, 2024 | finance.yahoo.com15 Most Affordable Grocery Stores In the USApril 23, 2024 | globenewswire.comGrocery Outlet Holding Corp. Announces First Quarter Fiscal 2024 Earnings Release and Conference Call DateApril 20, 2024 | msn.comNational grocery chains try going small in New York CityApril 18, 2024 | msn.comWill this be Florida’s first Amazon Fresh grocery store? What we know about a mysteryApril 17, 2024 | finance.yahoo.comGrocery Outlet (GO) Benefits From Innovative Retail StrategyApril 16, 2024 | finance.yahoo.comGrocery Outlet Holding Corp.'s (NASDAQ:GO) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?April 16, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. (GO)April 13, 2024 | msn.comI shopped at Trader Joe's new grab-and-go store in NYC. It's convenient if you're in a rush, but I see why critics aren't impressed.April 12, 2024 | msn.comPopular discount bakery outlet closes 28 New England storesSee 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 Earnings2/27/2024Today5/10/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryN/A Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees901Year FoundedN/APrice Target and Rating Average Stock Price Target$28.90 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+40.4%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio26.44 Forward P/E Ratio21.99 P/E Growth2.47Net Income$79.44 million Net Margins2.00% Pretax Margin2.62% Return on Equity7.17% Return on Assets2.94% Debt Debt-to-Equity Ratio0.24 Current Ratio1.35 Quick Ratio0.43 Sales & Book Value Annual Sales$3.97 billion Price / Sales0.53 Cash Flow$1.41 per share Price / Cash Flow14.78 Book Value$12.28 per share Price / Book1.70Miscellaneous Outstanding Shares100,090,000Free Float95,583,000Market Cap$2.09 billion OptionableOptionable Beta0.13 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 CompetitorsBBB FoodsNYSE:TBBBUtz BrandsNYSE:UTZHelen of TroyNASDAQ:HELENomad FoodsNYSE:NOMDKrispy KremeNASDAQ:DNUTView All CompetitorsInsiders & InstitutionsSummit Creek Advisors LLCBought 2,109 shares on 5/11/2024Ownership: 0.300%Vanguard Group Inc.Bought 60,830 shares on 5/10/2024Ownership: 9.325%Acadian Asset Management LLCBought 9,851 shares on 5/10/2024Ownership: 0.013%Ontario Teachers Pension Plan BoardSold 49,846 shares on 5/10/2024Ownership: 0.010%State Board of Administration of Florida Retirement SystemSold 1,452 shares on 5/9/2024Ownership: 0.074%View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions Should I buy or sell Grocery Outlet stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GO shares. 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 GO analyst ratings or view top-rated stocks. What is Grocery Outlet's stock price target for 2024? 10 brokerages have issued 12 month price objectives for Grocery Outlet's shares. Their GO share price targets range from $20.00 to $39.00. On average, they predict the company's share price to reach $28.90 in the next year. This suggests a possible upside of 38.3% from the stock's current price. View analysts price targets for GO or view top-rated stocks among Wall Street analysts. How have GO shares performed in 2024? Grocery Outlet's stock was trading at $26.96 at the start of the year. Since then, GO shares have decreased by 22.5% and is now trading at $20.89. View the best growth stocks for 2024 here. When is Grocery Outlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our GO earnings forecast. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) released its quarterly earnings results on Tuesday, February, 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. The firm earned $989.82 million during the quarter, compared to the consensus estimate of $982.44 million. Grocery Outlet had a trailing twelve-month return on equity of 5.46% and a net margin of 1.60%. What ETFs hold Grocery Outlet's stock? ETFs with the largest weight of Grocery Outlet (NASDAQ:GO) stock in their portfolio include Invesco Food & Beverage ETF (PBJ), First Trust Consumer Staples AlphaDEX Fund (FXG), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and iShares U.S. Consumer Staples ETF (IYK).Ranger Equity Bear ETF (HDGE). What guidance has Grocery Outlet issued on next quarter's earnings? Grocery Outlet issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of 0.890-0.950 for the period, compared to the consensus earnings per share estimate of 1.170. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. 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 a price of $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 stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.33%), 12 West Capital Management LP (3.62%), Jackson Square Partners LLC (2.71%), Geneva Capital Management LLC (1.38%), WCM Investment Management LLC (0.87%) and Sei Investments Co. (0.60%). Insiders that own company stock include Andrea Renee Bortner, Brian Mcandrews, Charles Bracher, Eric J Jr Lindberg, Eric J Jr Lindberg, Erik D Ragatz, Jeffrey York, Lindsay E Gray, Luke D Thompson, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman 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. 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