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Grocery Outlet Holding Corp (GO)
NASDAQ:GO
Holding GO?
Track your performance easily
GO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.72 - $29.98
Previous Close$16.28
Volume577.79K
Average Volume (3M)1.95M
Market Cap
$1.58B
Enterprise Value$1.91B
Total Cash (Recent Filing)$67.06M
Total Debt (Recent Filing)$379.18M
Price to Earnings (P/E)30.3
Beta0.43
Next Earnings
Nov 05, 2024EPS Estimate
$0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding97,990,326
10 Day Avg. Volume2,093,898
30 Day Avg. Volume1,954,482
Standard Deviation0.10
R-Squared0.00274
Alpha-0.00889
Financial Highlights & Ratios
Price to Book (P/B)1.31
Price to Sales (P/S)0.38
Price to Cash Flow (P/CF)9.60
P/FCF Ratio99.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.46
Enterprise Value/Gross Profit1.54
Enterprise Value/Ebitda13.78
Forecast
1Y Price Target
$23.82Price Target Upside47.40% Upside
Rating ConsensusHold
Number of Analyst Covering12
Grocery Outlet Holding News
Bulls Say, Bears Say
Bulls Say
Customer EngagementThe personalization app continues to gain traction, with 700K+ downloads and 8% penetration.
Financial PerformanceGO delivered a better than expected 2Q with EPS upside from gross margins and a reiteration in the full year outlook, signaling that systems related challenges are finally in the rearview mirror.
Store ExpansionGO opened more stores than anticipated during 2Q, resulting in an unexpected increase in store openings in 2024.
Bears Say
Competitive PressureCompetition is increasing from other value-based peers with greater scale benefits.
Operational ChallengesA botched systems transition beginning last year, multiple guidance cuts, unit growth challenges, and an untimely CFO exit have all damaged sentiment and raised questions on earnings risk.
Sales PerformanceManagement mentioned comp sales softened below expectations in late June and into QTD.
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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 $15.72 and its highest was $29.98 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 Nov 05, 2024 which is in 39 days.
How were Grocery Outlet Holding Corp’s earnings last quarter?
Grocery Outlet Holding Corp released its earnings results on Aug 06, 2024. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.203 by $0.047.
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 $0.27.
How many shares outstanding does Grocery Outlet Holding Corp have?
Grocery Outlet Holding Corp has 97,990,326 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 $0.25 in its last earnings report, beating expectations of $0.203. Following the earnings report the stock price went up 5.879%.
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 31M.
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Grocery Outlet Holding Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$23.82 (47.40% Upside)
$23.82 (47.40% Upside)
Blogger Sentiment
Bullish
GO Sentiment 77%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 743.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.47%
12-Months-Change
Fundamentals
Return on Equity
4.55%
Trailing 12-Months
Asset Growth
9.12%
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
Q2 2024
0:00 / 0:00
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GO Stock 12 Month Forecast
Average Price Target
$23.82
▲(47.40% Upside)
Technical Analysis
Best Analysts Covering GO
1 Year
1 Year Success Rate
3/10 ratings generated profit
1 Year Average Return
-2.97%
reiterated a sell rating 23 days ago
Copying Kate McShane's trades and holding each position for 1 Year would result in 30.00% of your transactions generating a profit, with an average return of -2.97% per trade.
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