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Grocery Outlet Stock Forecast, Price & News

+1.39 (+3.25 %)
(As of 10/27/2020 12:00 AM ET)
Today's Range
Now: $44.17
50-Day Range
MA: $40.27
52-Week Range
Now: $44.17
Volume906,400 shs
Average Volume1.19 million shs
Market Capitalization$4.05 billion
P/E RatioN/A
Dividend YieldN/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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.98 out of 5 stars

Industry, Sector and Symbol

Industry Grocery Stores



Sales & Book Value

Annual SalesN/A



Market Cap$4.05 billion
Next Earnings Date11/9/2020 (Estimated)
OptionableNot Optionable
+1.39 (+3.25 %)
(As of 10/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Grocery Outlet (NYSE:GO) Frequently Asked Questions

How has Grocery Outlet's stock been impacted by COVID-19 (Coronavirus)?

Grocery Outlet's stock was trading at $32.52 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GO stock has increased by 35.8% and is now trading at $44.17.
View which stocks have been most impacted by COVID-19

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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last year. There are currently 2 hold ratings and 9 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) posted its earnings results on Monday, August, 10th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.19. The business had revenue of $803.43 million for the quarter, compared to analyst estimates of $780.56 million. Grocery Outlet's revenue for the quarter was up 24.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.20 EPS.
View Grocery Outlet's earnings history

What price target have analysts set for GO?

11 analysts have issued 12-month price objectives for Grocery Outlet's stock. Their forecasts range from $40.00 to $53.00. On average, they expect Grocery Outlet's share price to reach $46.73 in the next year. This suggests a possible upside of 5.8% 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), The Walt Disney (DIS), The Procter & Gamble (PG) and Raytheon Technologies (RTX).

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 (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.

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 retail and institutional investors. Top institutional shareholders include Summit Creek Advisors LLC (0.44%), Retirement Systems of Alabama (0.25%), Ziegler Capital Management LLC (0.21%), Copper Rock Capital Partners LLC (0.19%), State of New Jersey Common Pension Fund D (0.06%) and Deane Retirement Strategies Inc. (0.04%). 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 major investors are selling Grocery Outlet stock?

GO stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Deane Retirement Strategies Inc., and Financial Management Professionals Inc.. 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, 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 major investors are buying Grocery Outlet stock?

GO stock was acquired by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Retirement Systems of Alabama, Pacer Advisors Inc., Envestnet Asset Management Inc., Summit Creek Advisors LLC, State of Michigan Retirement System, Crossmark Global Holdings Inc., and Louisiana State Employees Retirement System. 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 $44.17.

How big of a company is Grocery Outlet?

Grocery Outlet has a market capitalization of $4.05 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 10/28/2020 by MarketBeat.com Staff

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