Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Grocery Outlet Holding Corp (GO)
NASDAQ:GO
Grocery Outlet Holding (GO) Stock Price & Analysis
415 Followers
GO Stock Chart & Stats
Day’s Range$25.76 - $26.55
52-Week Range― - ―
Previous Close$26.17
Volume1.16M
Average Volume (3M)N/A
Market Cap
$2.60B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 07, 2024EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$30.71Price Target Upside19.12% Upside
Rating ConsensusHold
Number of Analyst Covering9
Grocery Outlet Holding News
PremiumCompany Announcements
Grocery Outlet Expands Reach with United Grocery Acquisition
PremiumCompany Announcements
Grocery Outlet Appoints Interim CFO, Bracher Steps DownBulls Say, Bears Say
Bulls Say
Acquisition SynergyThe acquisition of 40 units is expected to enhance the company's footprint in the Southeast, adding incremental sales and a modest benefit to adjusted EPS.
Expansion StrategyManagement plans to scale to 4,000+ units, indicating significant growth potential and the opportunity for increased market penetration.
Financial PerformancePositive stock reaction likely reflected increased FY24 adj. EPS guidance at $1.14-$1.20 vs. Street's $1.14 expectation.
Bears Say
Acquisition ImpactThe acquisition of UGO is at a multiple that stands high compared to the average takeout multiples in the Food Retail sector, indicating a potential overpayment.
Financial GuidanceThe company's FY24 guidance is heavily reliant on the assumption that the impacts of tech disruption will subside after the first quarter.
Operational EfficiencyUGO locations may exhibit lower productivity than the existing stores of the company, which could negatively influence the company's overall performance.
---
Ownership Overview
8.62% Insiders
45.32% Mutual Funds
23.22% Other Institutional Investors
22.84% Public Companies and
Individual Investors
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?
Currently, no data Available
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 May 07, 2024 which is in 4 days.
How were Grocery Outlet Holding Corp’s earnings last quarter?
Grocery Outlet Holding Corp released its earnings results on Feb 27, 2024. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.162 by $0.018.
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 $0.18.
How many shares outstanding does Grocery Outlet Holding Corp have?
Currently, no data Available
What happened to Grocery Outlet Holding Corp’s price movement after its last earnings report?
Grocery Outlet Holding Corp reported an EPS of $0.18 in its last earnings report, beating expectations of $0.162. Following the earnings report the stock price went down -1.209%.
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 Graham Capital Management, L.P.. It holds Grocery Outlet Holding Corp’s shares valued at 4M.
---
Grocery Outlet Holding Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$30.71 (19.12% Upside)
$30.71 (19.12% Upside)
Blogger Sentiment
Bullish
GO Sentiment 66%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 9.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 11.9%
Last 30 Days ▼ 11.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.40%
12-Months-Change
Fundamentals
Return on Equity
6.82%
Trailing 12-Months
Asset Growth
6.32%
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.
---
GO Earnings Call
Q4 2024
0:00 / 0:00
---
GO Stock 12 Months Forecast
Average Price Target
$30.71
▲(19.12% Upside)
Technical Analysis
Best Analysts Covering GO
1 Year
1 Year Success Rate
3/9 ratings generated profit
1 Year Average Return
+2.43%
assigned a buy rating 2 months ago
Copying Joe Feldman's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of +2.43% per trade.
---