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Grocery Outlet Holding Corp (GO)
NASDAQ:GO
Grocery Outlet Holding (GO) Stock Price & Analysis
420 Followers
GO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.73 - $36.54
Previous Close$22.47
Volume2.21M
Average Volume (3M)1.65M
Market Cap
$2.24B
Enterprise Value$2.42B
Total Cash (Recent Filing)$114.99M
Total Debt (Recent Filing)$292.73M
Price to Earnings (P/E)35.0
Beta0.39
Next Earnings
Aug 06, 2024EPS Estimate
$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.64
Shares Outstanding99,861,691
10 Day Avg. Volume3,627,391
30 Day Avg. Volume1,649,575
Standard Deviation0.10
R-Squared0.00456
Alpha-0.00038
Financial Highlights & Ratios
Price to Book (P/B)5.55
Price to Sales (P/S)2.27
Price to Cash Flow (P/CF)20.00
P/FCF Ratio20.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.61
Enterprise Value/Gross Profit1.95
Enterprise Value/Ebitda13.89
Forecast
1Y Price Target
$26.00Price Target Upside15.71% Upside
Rating ConsensusHold
Number of Analyst Covering9
Grocery Outlet Holding News
Bulls Say, Bears Say
Bulls Say
Acquisition SynergyThe upcoming acquisition of 40 units is poised to contribute to sales growth and have a positive impact on adjusted earnings per share.
Expansion StrategyManagement plans to scale to 4,000+ units, indicating substantial growth prospects for the company.
Financial PerformancePositive stock reaction likely as the company's adjusted EPS guidance outpaces market expectations, signaling financial strength.
Bears Say
Acquisition ConcernsThe acquisition multiple for UGO is notably higher than the typical takeover multiples in the Food Retail sector, raising questions about the deal's value.
Earnings PerformanceGrocery Outlet Holding reported adjusted earnings per share below expectations, primarily due to a shortfall in gross margin.
Future GuidanceThe company has revised its full-year guidance significantly downward, reflecting concerns about ongoing costs and delays associated with new technology system implementation.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Grocery Outlet Holding
Desktop Users
Mobile Users
GO FAQ
What was Grocery Outlet Holding Corp’s price range in the past 12 months?
Grocery Outlet Holding Corp lowest stock price was $19.73 and its highest was $36.54 in the past 12 months.
What is Grocery Outlet Holding Corp’s market cap?
Currently, no data Available
When is Grocery Outlet Holding Corp’s upcoming earnings report date?
Grocery Outlet Holding Corp’s upcoming earnings report date is Aug 06, 2024 which is in 80 days.
How were Grocery Outlet Holding Corp’s earnings last quarter?
Grocery Outlet Holding Corp released its earnings results on May 07, 2024. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.185 by -$0.095.
Is Grocery Outlet Holding Corp overvalued?
According to Wall Street analysts Grocery Outlet Holding Corp’s price is currently Undervalued.
Does Grocery Outlet Holding Corp pay dividends?
Grocery Outlet Holding Corp does not currently pay dividends.
What is Grocery Outlet Holding Corp’s EPS estimate?
Grocery Outlet Holding Corp’s EPS estimate is $0.21.
How many shares outstanding does Grocery Outlet Holding Corp have?
Grocery Outlet Holding Corp has 99,861,694 shares outstanding.
What happened to Grocery Outlet Holding Corp’s price movement after its last earnings report?
Grocery Outlet Holding Corp reported an EPS of $0.09 in its last earnings report, missing expectations of $0.185. Following the earnings report the stock price went down -19.382%.
Which hedge fund is a major shareholder of Grocery Outlet Holding Corp?
Among the largest hedge funds holding Grocery Outlet Holding Corp’s share is FPR Partners, LLC. It holds Grocery Outlet Holding Corp’s shares valued at 17M.
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Grocery Outlet Holding Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$26.00 (15.71% Upside)
$26.00 (15.71% Upside)
Blogger Sentiment
Bullish
GO Sentiment 72%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 437.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $12.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 6.5%
Last 30 Days ▲ 10.2%
Last 30 Days ▲ 10.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.37%
12-Months-Change
Fundamentals
Return on Equity
5.50%
Trailing 12-Months
Asset Growth
7.40%
Trailing 12-Months
Company Description
Grocery Outlet Holding Corp
Grocery Outlet Holding Corp. engages in the operation of retail stores. It offers name-brand consumables and fresh products through a network of independently operated stores. The company was founded by Jim Read in 1946 and is headquartered in Emeryville, CA.
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GO Earnings Call
Q1 2024
0:00 / 0:00
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GO Stock 12 Month Forecast
Average Price Target
$26.00
▲(15.71% Upside)
Technical Analysis
Best Analysts Covering GO
1 Year
1 Year Success Rate
5/13 ratings generated profit
1 Year Average Return
-3.22%
reiterated a buy rating 9 days ago
Copying Oliver Chen's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of -3.22% per trade.
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