NYSE:GROV Grove Collaborative (GROV) Stock Forecast, Price & News $2.79 +0.03 (+1.09%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$2.65▼$2.8750-Day Range$1.85▼$3.5952-Week Range$0.91▼$22.40Volume126,081 shsAverage Volume89,531 shsMarket Capitalization$103.65 millionP/E RatioN/ADividend YieldN/APrice Target$6.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Grove Collaborative MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside141.9% Upside$6.75 Price TargetShort InterestHealthy8.47% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.50Based on 2 Articles This WeekInsider TradingSelling Shares$1.55 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.84 out of 5 starsConsumer Staples Sector115th out of 133 stocksCatalog & Mail-Order Houses Industry10th out of 14 stocks 3.5 Analyst's Opinion Consensus RatingGrove Collaborative has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.75, Grove Collaborative has a forecasted upside of 141.9% from its current price of $2.79.Amount of Analyst CoverageGrove Collaborative has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.47% of the float of Grove Collaborative has been sold short.Short Interest Ratio / Days to CoverGrove Collaborative has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Grove Collaborative has recently decreased by 13.33%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrove Collaborative does not currently pay a dividend.Dividend GrowthGrove Collaborative 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 GROV. Previous Next 1.4 News and Social Media Coverage News SentimentGrove Collaborative has a news sentiment score of -0.50. 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 0.71 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Grove Collaborative this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Grove Collaborative to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grove Collaborative insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,550,882.00 in company stock.Percentage Held by Insiders15.92% 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 InstitutionsOnly 32.11% of the stock of Grove Collaborative is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Grove Collaborative is -3.21, 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. SectorThe P/E ratio of Grove Collaborative is -3.21, 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 RatioGrove Collaborative has a P/B Ratio of 3.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Grove Collaborative (NYSE:GROV) StockGrove 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.Read More GROV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GROV Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comAnalyzing Grove Collaborative (NYSE:GROV) and Airborne Wireless Network (OTCMKTS:ABWN)September 13, 2023 | finance.yahoo.com14 Household Brands Partner with rePurpose Global to Combat Plastic PollutionSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 23, 2023 | finance.yahoo.comInsider Sell: Christopher Clark Sells 15,000 Shares of Grove Collaborative Holdings Inc (GROV)August 15, 2023 | finance.yahoo.comSustainability, efficacy is an 'absolute priority' in Grove Collaborative products: Co-founderAugust 15, 2023 | finance.yahoo.comQ2 2023 Grove Collaborative Holdings Inc Earnings CallAugust 14, 2023 | marketwatch.comGrove Collaborative Names Jeff Yurcisin as Next CEOAugust 14, 2023 | finance.yahoo.comGrove Collaborative Changes CEO, Raises $10 Million After SPAC FlameoutSeptember 27, 2023 | Edge On The Street (Ad)Is Gold Really Boring?Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks. August 14, 2023 | msn.comGrove Collaborative Holdings GAAP EPS of -$0.32 misses by $0.01, revenue of $66.12M beats by $2.68MAugust 8, 2023 | finance.yahoo.comGrove to Report Second Quarter 2023 Financial Results on August 14, 2023August 8, 2023 | msn.comRecycling experts try to live life with less plastic: Here’s how you can do the sameAugust 2, 2023 | it.tmcnet.comOptera Expands Leadership Team to Support Strategic Growth in Carbon AccountingJuly 27, 2023 | finance.yahoo.comFast Company Announces 9th Annual Innovation FestivalJuly 20, 2023 | tmcnet.comLineage and Bay Grove Appoint Billy Sarracino CEO of TurvoJuly 18, 2023 | benzinga.comGrove Collaborative Hldgs Insider Trades Send a SignalJune 21, 2023 | msn.comTo Begin Living Plastic-Free, Drew Barrymore Recommends Starting Small and Letting It SnowballMay 31, 2023 | finance.yahoo.comGrove Collaborative Releases Annual Sustainability ReportMay 28, 2023 | ca.finance.yahoo.comIndependent Director of Grove Collaborative Holdings Picks Up 21% More StockMay 25, 2023 | finance.yahoo.comGrove Collaborative Announces 1-for-5 Reverse Stock SplitMay 17, 2023 | finance.yahoo.comGrove Co. Announces New Retail Partnerships with Kroger, Costco and HannafordMay 12, 2023 | markets.businessinsider.comWhere Grove Collaborative Hldgs Stands With AnalystsMay 11, 2023 | finance.yahoo.comGrove Announces First Fiscal Quarter 2023 Financial ResultsMay 11, 2023 | finance.yahoo.comGrove Collaborative Posts Better Margins and Expects to Be Breakeven Ahead of ScheduleApril 24, 2023 | msn.comDrew Barrymore Shares Her 6 Favorite Products for Living More Sustainably, Starting at $7March 28, 2023 | marketwatch.comSubscription Box Market 2023 Size and Forecast to 2030March 16, 2023 | finance.yahoo.comGrove to Present at the Canaccord Genuity eCommerce Sustainable Advantage ForumSee More Headlines Receive GROV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grove Collaborative and its competitors with MarketBeat's FREE daily newsletter. Email Address GROV Company Calendar Last Earnings8/14/2023Today9/27/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Catalog & mail - order houses Sub-IndustryN/A SectorConsumer Staples Current SymbolNYSE:GROV CUSIPN/A CIK1841761 Webwww.grove.co Phone800-231-8527FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$6.75 High Stock Price Forecast$10.00 Low Stock Price Forecast$3.50 Forecasted Upside/Downside+141.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.87) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-87,710,000.00 Net Margins-10.00% Pretax Margin-9.99% Return on Equity-161.58% Return on Assets-23.15% Debt Debt-to-Equity Ratio3.31 Current Ratio3.25 Quick Ratio2.35 Sales & Book Value Annual Sales$289.44 million Price / Sales0.36 Cash FlowN/A Price / Cash FlowN/A Book Value$0.75 per share Price / Book3.72Miscellaneous Outstanding Shares37,152,000Free Float31,237,000Market Cap$103.65 million OptionableNot Optionable Beta0.50 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Stuart Landesberg (Age 37)Co-Founder, Pres & Exec. Chairman Comp: $255kMr. Sergio Cervantes (Age 52)Chief Financial Officer Comp: $513.64kMs. Jennie Perry (Age 56)Chief Marketing Officer Comp: $450kMr. Christopher Clark (Age 36)Chief Digital Officer & Director Mr. Jeff YurcisinChief Exec. OfficerJanae De CrescenzoChief Accounting OfficerMs. Alexis V. Tessier CFADirector of Investor RelationsNathan FrancisGen. Counsel & Corp. Sec.Mr. Jonathan Silverman (Age 50)Sr. VP of Physical Goods More ExecutivesKey CompetitorsVirgin Group Acquisition Corp. IINYSE:VGIIBlue ApronNYSE:APRNThredUpNASDAQ:TDUPBridgford FoodsNASDAQ:BRID10X Capital Venture Acquisition Corp. IINASDAQ:VCXAView All CompetitorsInsiders & InstitutionsChristopher ClarkSold 6,485 sharesTotal: $18,482.25 ($2.85/share)Christopher ClarkSold 15,000 sharesTotal: $44,400.00 ($2.96/share)Inherent Group LPSold 1,605,245 shares on 8/15/2023Ownership: 1.123%Caz Investments LPSold 80,000 shares on 8/15/2023Ownership: 0.056%Citadel Advisors LLCSold 8,200 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GROV Stock - Frequently Asked Questions Should I buy or sell Grove Collaborative stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grove Collaborative in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GROV shares. View GROV analyst ratings or view top-rated stocks. What is Grove Collaborative's stock price forecast for 2023? 2 equities research analysts have issued 1-year target prices for Grove Collaborative's stock. Their GROV share price forecasts range from $3.50 to $10.00. On average, they expect the company's share price to reach $6.75 in the next year. This suggests a possible upside of 141.9% 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 2023? Grove Collaborative's stock was trading at $1.9950 at the start of the year. Since then, GROV stock has increased by 39.8% and is now trading at $2.79. View the best growth stocks for 2023 here. Are investors shorting Grove Collaborative? Grove Collaborative saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,300,000 shares, a decline of 13.3% from the August 15th total of 1,500,000 shares. Based on an average daily volume of 279,000 shares, the days-to-cover ratio is currently 4.7 days. Currently, 8.5% of the shares of the company are short sold. View Grove Collaborative's Short Interest. When is Grove Collaborative's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our GROV earnings forecast. How were Grove Collaborative's earnings last quarter? Grove Collaborative Holdings, Inc. (NYSE:GROV) issued its earnings results on Monday, August, 14th. The company reported ($0.32) EPS for the quarter. The firm had revenue of $66.11 million for the quarter, compared to analyst estimates of $61.40 million. Grove Collaborative had a negative net margin of 10.00% and a negative trailing twelve-month return on equity of 161.58%. When did Grove Collaborative's stock split? Shares of Grove Collaborative reverse split on 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 2023 earnings guidance on Monday, August, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $260.00 million-$270.00 million, compared to the consensus revenue estimate of $267.80 million. What is Grove Collaborative's stock symbol? Grove Collaborative trades on the New York Stock Exchange (NYSE) under the ticker symbol "GROV." Who are Grove Collaborative's major shareholders? Grove Collaborative's stock is owned by a number of institutional and retail investors. Top institutional investors include NVP Associates LLC (8.23%), General Atlantic L.P. (2.62%), Glynn Capital Management LLC (1.86%), Inherent Group LP (1.12%), Geode Capital Management LLC (0.54%) and Northern Trust Corp (0.09%). Insiders that own company stock include Christopher Clark, David A Glazer, John B Replogle, Kevin Michael Cleary, Sculptor Capital Management, I, Stuart Landesberg and Xv A Cayman Islands Mayfield. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Grove Collaborative's stock price today? One share of GROV stock can currently be purchased for approximately $2.79. How much money does Grove Collaborative make? Grove Collaborative (NYSE:GROV) has a market capitalization of $103.65 million and generates $289.44 million in revenue each year. The company earns $-87,710,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis. How can I contact Grove Collaborative? Grove Collaborative's mailing address is 65 Bleecker Street 6th Floor, New York NY, 10012. The official website for the company is www.grove.co. The company can be reached via phone at 800-231-8527 or via email at ir@grove.co. This page (NYSE:GROV) was last updated on 9/27/2023 by MarketBeat.com Staff 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 Grove Collaborative Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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