NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free GO Stock Alerts $25.81 +0.10 (+0.39%) (As of 05/6/2024 ET) Add Compare Share Share Today's Range$25.54▼$26.0550-Day Range$25.56▼$29.0052-Week Range$23.41▼$36.54Volume777,375 shsAverage Volume1.22 million shsMarket Capitalization$2.58 billionP/E Ratio32.67Dividend YieldN/APrice Target$31.44 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/Downside21.8% Upside$31.44 Price TargetShort InterestBearish8.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.61Based on 4 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.1.47 out of 5 starsConsumer Staples Sector116th out of 135 stocksGrocery Stores Industry10th out of 10 stocks 2.1 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Amount of Analyst CoverageGrocery Outlet has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.12% 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 6.1.Change versus previous monthShort interest in Grocery Outlet has recently increased by 10.11%, 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 2.0 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.61. 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 higher news sentiment than the 0.46 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search InterestOnly 2 people have searched for GO on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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. 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 32.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 32.67, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.49.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 2.47. 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 2.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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 5, 2024 | americanbankingnews.comGrocery Outlet (GO) to Release Earnings on TuesdayMay 7, 2024 | InvestorPlace (Ad)The 2024 crypto bull run has already started — don’t get left behindOne of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.May 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 CityMay 7, 2024 | InvestorPlace (Ad)The 2024 crypto bull run has already started — don’t get left behindOne of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.April 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 storesApril 11, 2024 | investorplace.com7 Boring Stocks to Buy as Inflation Crimps SentimentApril 2, 2024 | yahoo.comGrocery Outlet in Arden-Arcade closing its doorsApril 2, 2024 | bizjournals.comGrocery Outlet permanently closing store on Watt Avenue in Arden-ArcadeApril 2, 2024 | yahoo.com3 Grocery Outlet Dinner Finds I’m Buying This Spring (They’re All $10 or Less!)April 2, 2024 | msn.comGrocery Outlet closes on acquisition of United Grocery OutletApril 2, 2024 | finance.yahoo.comGrocery Outlet Holding Corp. Closes Acquisition of United Grocery OutletMarch 29, 2024 | apnews.comFor years she thought her son had died of an overdose. The police video changed all thatMarch 29, 2024 | msn.comWhat's that grocery store planned for Commercial Street in south Salem?March 29, 2024 | msn.comFederal EV charging stations are key to Biden’s climate agenda, yet only 4 states have themMarch 28, 2024 | msn.comDelaware's first Grocery Outlet is opening soon. Here's what we knowMarch 26, 2024 | finance.yahoo.comInsider Sell: EVP, Chief Purchasing Officer Steven Wilson Sells 22,152 Shares of Grocery Outlet ...March 22, 2024 | benzinga.comEVP At Grocery Outlet Holding Exercises Options Worth $701KSee 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 Earnings2/27/2024Today5/06/2024Next Earnings (Confirmed)5/07/2024Fiscal 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$31.44 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+21.8%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio32.67 Forward P/E Ratio27.17 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 / Sales0.65 Cash Flow$1.75 per share Price / Cash Flow14.78 Book Value$12.28 per share Price / Book2.10Miscellaneous Outstanding Shares100,087,000Free Float95,583,000Market Cap$2.58 billion OptionableOptionable Beta0.13 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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:TBBBJ&J Snack FoodsNASDAQ:JJSFUtz BrandsNYSE:UTZVestisNYSE:VSTSNomad FoodsNYSE:NOMDView All CompetitorsInsiders & InstitutionsTexas Permanent School Fund CorpBought 1,126 shares on 5/6/2024Ownership: 0.087%Geneva Capital Management LLCBought 4,174 shares on 5/4/2024Ownership: 1.376%GSA Capital Partners LLPSold 3,882 shares on 5/3/2024Ownership: 0.081%Mutual of America Capital Management LLCSold 2,069 shares on 5/2/2024Ownership: 0.059%Daiwa Securities Group Inc.Bought 4,400 shares on 5/2/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions Should I buy or sell Grocery Outlet stock right now? 9 Wall Street equities research 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 3 buy ratings for the stock. The consensus among Wall Street equities research 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? 9 analysts have issued 12-month target prices for Grocery Outlet's shares. Their GO share price targets range from $20.00 to $39.00. On average, they predict the company's stock price to reach $31.44 in the next twelve months. This suggests a possible upside of 21.8% 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 beginning of the year. Since then, GO shares have decreased by 4.3% and is now trading at $25.81. View the best growth stocks for 2024 here. Are investors shorting Grocery Outlet? Grocery Outlet saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,020,000 shares, an increase of 9.2% from the March 15th total of 6,430,000 shares. Based on an average daily trading volume, of 1,250,000 shares, the short-interest ratio is currently 5.6 days. Currently, 7.4% of the shares of the stock are short sold. View Grocery Outlet's Short Interest. When is Grocery Outlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our GO earnings forecast. How can I listen to Grocery Outlet's earnings call? Grocery Outlet will be holding an earnings conference call on Tuesday, May 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 844-512-2921 with passcode "13744381". How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) issued its 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 analyst estimates of $982.44 million. Grocery Outlet had a trailing twelve-month return on equity of 7.17% and a net margin of 2.00%. 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) and Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).iShares U.S. Consumer Staples ETF (IYK). What guidance has Grocery Outlet issued on next quarter's earnings? Grocery Outlet updated its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 1.140-1.200 for the period, compared to the consensus earnings per share estimate of 1.140. 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 $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 number of retail and institutional investors. Top institutional shareholders include Geneva Capital Management LLC (1.38%), WCM Investment Management LLC (0.87%), Principal Financial Group Inc. (0.37%), Los Angeles Capital Management LLC (0.16%), Capstone Investment Advisors LLC (0.09%) and New York State Teachers Retirement System (0.09%). 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. This page (NASDAQ:GO) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTIAI “wealth window” is closing June 25thParadigm PressThe 2024 crypto bull run has already started — don’t get left behindInvestorPlaceThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & CompanyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill Publishing Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Grocery Outlet Holding Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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