Should I buy or sell Grove Collaborative stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grove Collaborative in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GROV shares. View GROV analyst ratings or view top-rated stocks .

What is Grove Collaborative's stock price target for 2024?

1 analysts have issued 12-month price targets for Grove Collaborative's shares. Their GROV share price targets range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 93.5% from the stock's current price. View analysts price targets for GROV or view top-rated stocks among Wall Street analysts .

How have GROV shares performed in 2024?

Grove Collaborative's stock was trading at $1.77 at the beginning of the year. Since then, GROV stock has decreased by 12.4% and is now trading at $1.55. View the best growth stocks for 2024 here .

When is Grove Collaborative's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our GROV earnings forecast .

How were Grove Collaborative's earnings last quarter?

Grove Collaborative Holdings, Inc. (NYSE:GROV) posted its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $59.86 million for the quarter, compared to analyst estimates of $61.70 million. Grove Collaborative had a negative net margin of 16.67% and a negative trailing twelve-month return on equity of 233.28%.

When did Grove Collaborative's stock split?

Grove Collaborative shares reverse split on the morning of Tuesday, June 6th 2023. The 1-5 reverse split was announced on Tuesday, June 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What guidance has Grove Collaborative issued on next quarter's earnings?

Grove Collaborative updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $215.0 million-$225.0 million, compared to the consensus revenue estimate of $253.3 million.

How do I buy shares of Grove Collaborative?

Shares of GROV 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 .

NYSE:GROV

Grove Collaborative (GROV) Stock Price, News & Analysis

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Free GROV Stock Alerts

$1.55

+0.03 (+1.97%)

(As of 02:11 PM ET)

Compare

Today's Range: $1.53
▼
$1.56
50-Day Range: $1.43
▼
$2.29
52-Week Range: $1.37
▼
$3.81

Volume: 15,041 shs
Average Volume: 86,255 shs
Market Capitalization: $59.16 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Get Grove Collaborative alerts:

Grove Collaborative MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 93.5% Upside
$3.00 Price Target
Short Interest: Bearish
6.83% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$103,417 Bought Last Quarter
Proj. Earnings Growth: N/A

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.

1.88 out of 5 stars

Consumer Staples Sector

110th out of 135 stocks

Catalog & Mail-Order Houses Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Grove Collaborative has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Grove Collaborative has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.83% of the float of Grove Collaborative has been sold short.
Short Interest Ratio / Days to Cover
Grove Collaborative has a short interest ratio ("days to cover") of 12.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Grove Collaborative has recently decreased by 3.54%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Grove Collaborative does not currently pay a dividend.
Dividend Growth
Grove Collaborative does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GROV.

2.1

News and Social Media Coverage

News Sentiment
Grove Collaborative has a news sentiment score of 0.85. 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 0.50 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Grove Collaborative this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for GROV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grove Collaborative insiders have bought 205.79% more of their company's stock than they have sold. Specifically, they have bought $103,417.00 in company stock and sold $33,820.00 in company stock.
Percentage Held by Insiders
13.13% of the stock of Grove Collaborative is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
91.64% of the stock of Grove Collaborative is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Grove Collaborative is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grove Collaborative is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Grove Collaborative has a P/B Ratio of 7.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Grove Collaborative Stock (NYSE:GROV)

Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store. The company is headquartered in San Francisco, California.

GROV Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GROV Stock News Headlines

April 12, 2024 | msn.com

15 Best Amazon Alternatives For Ethical Online Shopping

April 3, 2024 | yahoo.com

Scene Calendar: Gator Jam, 'Mary Poppins,' 'State of Wonder' and more

April 18, 2024 | Weiss Ratings (Ad)

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

April 2, 2024 | news.yahoo.com

Coral Gables mayoral recall effort harms the community, tarnishes our reputation | Opinion

March 29, 2024 | msn.com

All the Best New Kitchen Products That Dropped in March

March 28, 2024 | businesswire.com

Grove Collaborative Launches Grove Co. Rebrand with New Ready-to-Use Assortment in Beautifully Sustainable Aluminum Packaging

March 21, 2024 | bizjournals.com

With eye on profitability, San Francisco ecommerce retailer sheds 80% of downtown headquarters

March 18, 2024 | msn.com

Natural and Refillable Cleaning Products are Picking Up Interest For Spring Cleaning

April 18, 2024 | Weiss Ratings (Ad)

Nvidia Has a BIG Problem — Here’s Who Benefits MOST

March 18, 2024 | msn.com

Joann files for bankruptcy as anticipated

March 18, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Hibbett Sports (HIBB) and Grove Collaborative Holdings (GROV)

March 15, 2024 | msn.com

Electrification of recreational vehicles takes a leap forward with Harbinger's latest delivery

March 12, 2024 | forbes.com

4 Strategies Leaders Use To Manage Conflict Effectively

March 12, 2024 | sg.news.yahoo.com

Exclusive-India's Vishal Mega Mart planning $1 billion IPO, sources say

March 12, 2024 | msn.com

The 14 Best Nontoxic Laundry Detergents

March 11, 2024 | msn.com

Polk water partnership is obtaining land rights for 61-mile pipeline, sometimes by court

March 11, 2024 | msn.com

Delray Beach elections: City will have a new mayor for the first time in six years

March 11, 2024 | msn.com

‘Oppenheimer’ Reigns at Oscars With Seven Wins, Including Best Picture and Director: Full Winners List

March 9, 2024 | finance.yahoo.com

Grove Collaborative Holdings Full Year 2023 Earnings: EPS Misses Expectations

March 7, 2024 | finance.yahoo.com

Grove Collaborative Sees Consecutive Quarter of Positive Adjusted EBITDA

March 7, 2024 | finance.yahoo.com

Grove Collaborative Holdings, Inc. (NYSE:GROV) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Q4 2023 Grove Collaborative Holdings Inc Earnings Call

March 4, 2024 | msn.com

CHS buys back its headquarters building in Inver Grove Heights

March 4, 2024 | forbes.com

Leadership Lessons From The 2024 Super Bowl Halftime Show

February 22, 2024 | businesswire.com

Grove to Report Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

February 20, 2024 | msn.com

Decorate your cake and eat it too at Sugar Connection’s pop-up Boston events

February 20, 2024 | bizjournals.com

Another firm splits from Green Street, will search for new HQ

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Catalog & mail-order houses
Sub-Industry: N/A
Current Symbol: NYSE:GROV
CUSIP: N/A
CIK: 1841761
Web: www.grove.co
Phone: 800-231-8527
Fax: N/A
Employees: 408
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.00
High Stock Price Target: $3.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +93.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.30)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-43,230,000.00
Net Margins: -16.67%
Pretax Margin: -16.66%
Return on Equity: -233.28%
Return on Assets: -26.10%

Debt

Debt-to-Equity Ratio: 8.82
Current Ratio: 3.54
Quick Ratio: 2.72

Sales & Book Value

Annual Sales: $259.28 million
Price / Sales: 0.23
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.21 per share
Price / Book: 7.38

Miscellaneous

Outstanding Shares: 38,170,000
Free Float: 33,163,000
Market Cap: $59.16 million
Optionable: Not Optionable
Beta: 0.90

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Key Executives

Mr. Stuart Landesberg (Age 38)
Co-Founder, President & Executive Chairman
Comp: $255k
Mr. Sergio Cervantes (Age 53)
Chief Financial Officer
Comp: $513.64k
Mr. Christopher Clark (Age 37)
CTO & Director
Ms. Jennie Perry (Age 57)
Chief Marketing Officer
Comp: $450k
Mr. Jeff Yurcisin
Chief Executive Officer
Janae De Crescenzo
Chief Accounting Officer
Ms. Alexis V. Tessier CFA
Director of Investor Relations
Mr. Scott Giesler
General Counsel
Mr. Jonathan Silverman (Age 51)
Senior Vice President of Physical Goods

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GROV Stock Analysis - Frequently Asked Questions

Should I buy or sell Grove Collaborative stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grove Collaborative in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GROV shares.
View GROV analyst ratings or view top-rated stocks.
What is Grove Collaborative's stock price target for 2024?: 1 analysts have issued 12-month price targets for Grove Collaborative's shares. Their GROV share price targets range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 93.5% from the stock's current price.
View analysts price targets for GROV or view top-rated stocks among Wall Street analysts.
How have GROV shares performed in 2024?: Grove Collaborative's stock was trading at $1.77 at the beginning of the year. Since then, GROV stock has decreased by 12.4% and is now trading at $1.55.
View the best growth stocks for 2024 here.
When is Grove Collaborative's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our GROV earnings forecast.

How were Grove Collaborative's earnings last quarter?: Grove Collaborative Holdings, Inc. (NYSE:GROV) posted its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.23) earnings per share (EPS) for the quarter. The business had revenue of $59.86 million for the quarter, compared to analyst estimates of $61.70 million. Grove Collaborative had a negative net margin of 16.67% and a negative trailing twelve-month return on equity of 233.28%.
When did Grove Collaborative's stock split?: Grove Collaborative shares reverse split on the morning of Tuesday, June 6th 2023. The 1-5 reverse split was announced on Tuesday, June 6th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 6th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.
What guidance has Grove Collaborative issued on next quarter's earnings?: Grove Collaborative updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $215.0 million-$225.0 million, compared to the consensus revenue estimate of $253.3 million.
How do I buy shares of Grove Collaborative?: Shares of GROV 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 (NYSE:GROV) was last updated on 4/18/2024 by MarketBeat.com Staff

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Grove Collaborative (GROV) Stock Price, News & Analysis

Grove Collaborative MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Grove Collaborative Stock (NYSE:GROV)

GROV Stock Price History

GROV Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GROV Stock Analysis - Frequently Asked Questions

Overall MarketRank^™