Log in
NYSE:GO

Grocery Outlet Stock Forecast, Price & News

$38.14
-1.84 (-4.60 %)
(As of 09/18/2020 12:00 AM ET)
Add
Compare
Today's Range
$37.85
Now: $38.14
$40.20
50-Day Range
$38.22
MA: $41.68
$45.02
52-Week Range
$28.11
Now: $38.14
$46.00
Volume4.21 million shs
Average Volume1.27 million shs
Market Capitalization$3.49 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Grocery Outlet Holding Corp. owns and operates a chain of grocery stores in the United States. The company offers products in various categories, such as grocery, dairy and deli, produce, refrigerated and frozen, floral, beer and wine, general merchandise, and health and beauty care, as well as fresh meat and seafood; and natural, organic, specialty, and healthy products. As of December 29, 2018, it had 316 stores, which included 308 independent operated stores, as well as 8 company operated stores in 5 western states and in Pennsylvania. The company was founded in 1946 and is headquartered in Emeryville, California.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.20 out of 5 stars


Industry, Sector and Symbol

Industry Grocery Stores
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone510-845-1999

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees679
Market Cap$3.49 billion
Next Earnings Date11/9/2020 (Estimated)
OptionableNot Optionable
$38.14
-1.84 (-4.60 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive GO News and Ratings via Email

Sign-up to receive the latest news and ratings for GO and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Grocery Outlet (NYSE:GO) Frequently Asked Questions

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 (WHO). Since then, GO stock has increased by 17.3% and is now trading at $38.14.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Grocery Outlet?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Grocery Outlet
.

When is Grocery Outlet's next earnings date?

Grocery Outlet is scheduled to release its next quarterly earnings announcement on Monday, November 9th 2020.
View our earnings forecast for Grocery Outlet
.

How were Grocery Outlet's earnings last quarter?

Grocery Outlet Holding Corp. (NYSE:GO) issued its earnings results on Monday, August, 10th. The company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.23 by $0.19. The business earned $803.43 million during the quarter, compared to analysts' expectations of $780.56 million. The business's revenue for the quarter was up 24.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.20 earnings per share.
View Grocery Outlet's earnings history
.

What price target have analysts set for GO?

12 brokers have issued 1-year price objectives for Grocery Outlet's shares. Their forecasts range from $40.00 to $53.00. On average, they anticipate Grocery Outlet's stock price to reach $47.08 in the next twelve months. This suggests a possible upside of 23.4% from the stock's current price.
View analysts' price targets for Grocery Outlet
.

Who are some of Grocery Outlet's key competitors?

What other stocks do shareholders of Grocery Outlet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Grocery Outlet investors own include Alibaba Group (BABA), CVS Health (CVS), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Honeywell International (HON), Home Depot (HD), Verizon Communications (VZ), Walt Disney (DIS), Procter & Gamble (PG) and NVIDIA (NVDA).

Who are Grocery Outlet's key executives?

Grocery Outlet's management team includes the following people:
  • Mr. Steven Read, Exec. Chairman
  • Mr. S. MacGregor Read Jr., Co-Chief Exec. Officer (Age 48)
  • Mr. Eric J. Lindberg Jr., Co-Chief Exec. Officer (Age 48)
  • Mr. Charles C. Bracher, Chief Financial Officer (Age 46)
  • Mr. Jeff Oki, Chief Information Officer and VP of Construction

When did Grocery Outlet IPO?

(GO) raised $275 million in an initial public offering 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 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 New York Stock Exchange (NYSE) 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 Copper Rock Capital Partners LLC (22.36%), Jackson Square Partners LLC (8.67%), Vanguard Group Inc. (7.08%), Kayne Anderson Rudnick Investment Management LLC (6.30%), Neuberger Berman Group LLC (1.99%) and Bank of New York Mellon Corp (1.66%). Company insiders that own Grocery Outlet stock include Brian Mcandrews, Charles Bracher, Corporate Investors Vii L H&F, Eric J Jr Lindberg, Jeffrey York, Lindsay E Gray, Norman S Matthews, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman and Thomas H Mcmahon.
View institutional ownership trends for Grocery Outlet
.

Which institutional investors are selling Grocery Outlet stock?

GO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Marshall Wace LLP, Copper Rock Capital Partners LLC, Marshall Wace North America L.P., Wasatch Advisors Inc., Pier Capital LLC, Three Peaks Capital Management LLC, and Public Employees Retirement System of Ohio. Company insiders that have sold Grocery Outlet company stock in the last year include Brian Mcandrews, Charles Bracher, Corporate Investors Vii L H&F, Eric J Jr Lindberg, Jeffrey York, Lindsay E Gray, Norman S Matthews, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman, and Thomas H Mcmahon.
View insider buying and selling activity for Grocery Outlet
.

Which institutional investors are buying Grocery Outlet stock?

GO stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Jackson Square Partners LLC, Vanguard Group Inc., Kayne Anderson Rudnick Investment Management LLC, Federated Hermes Inc., Bank of New York Mellon Corp, Sei Investments Co., and Goldman Sachs Group Inc.. Company insiders that have bought Grocery Outlet stock in the last two years include Charles Bracher, Eric J Jr Lindberg, Jeffrey York, Robert Joseph Jr Sheedy, and Steven K Wilson.
View insider buying and selling activity for Grocery Outlet
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Grocery Outlet's stock price today?

One share of GO stock can currently be purchased for approximately $38.14.

How big of a company is Grocery Outlet?

Grocery Outlet has a market capitalization of $3.49 billion. Grocery Outlet employs 679 workers across the globe.

What is Grocery Outlet's official website?

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

How can I contact Grocery Outlet?

The company can be reached via phone at 510-845-1999.

This page was last updated on 9/19/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.