NASDAQ:GO Grocery Outlet (GO) Stock Price, News & Analysis → This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad) Free GO Stock Alerts $28.78 -0.22 (-0.76%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$28.44▼$29.1050-Day Range$23.90▼$29.0052-Week Range$23.41▼$36.54Volume1.28 million shsAverage Volume1.37 million shsMarket Capitalization$2.86 billionP/E Ratio36.43Dividend YieldN/APrice Target$31.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Grocery Outlet alerts: Email Address Grocery Outlet MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside9.3% Upside$31.44 Price TargetShort InterestBearish6.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.71Based on 20 Articles This WeekInsider TradingSelling Shares$13.37 M Sold Last QuarterProj. Earnings Growth10.53%From $0.95 to $1.05 Per ShareSee Full Details Hide Full Details 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.1.07 out of 5 starsConsumer Staples Sector117th out of 130 stocksGrocery Stores Industry9th out of 11 stocks 1.1 Analyst's Opinion Consensus RatingGrocery Outlet has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $31.44, Grocery Outlet has a forecasted upside of 9.3% from its current price of $28.78.Amount of Analyst CoverageGrocery Outlet has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.75% of the float of Grocery Outlet has been sold short.Short Interest Ratio / Days to CoverGrocery Outlet has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Grocery Outlet has recently increased by 7.71%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGrocery Outlet does not currently pay a dividend.Dividend GrowthGrocery Outlet 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 GO. Previous Next 3.7 News and Social Media Coverage News SentimentGrocery Outlet has a news sentiment score of 0.71. 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 0.60 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Grocery Outlet this week, compared to 5 articles on an average week.Search Interest3 people have searched for GO on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows12 people have added Grocery Outlet to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grocery Outlet insiders have sold 1,196.41% more of their company's stock than they have bought. Specifically, they have bought $1,031,125.00 in company stock and sold $13,367,577.00 in company stock.Percentage Held by InsidersOnly 6.20% of the stock of Grocery Outlet is held by insiders.Percentage Held by Institutions99.87% of the stock of Grocery Outlet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Grocery Outlet are expected to grow by 10.53% in the coming year, from $0.95 to $1.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grocery Outlet is 36.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Grocery Outlet is 36.43, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.58.Price to Earnings Growth RatioGrocery Outlet has a PEG Ratio of 2.68. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGrocery Outlet has a P/B Ratio of 2.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Grocery Outlet Stock (NASDAQ:GO)Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products. The company was founded in 1946 and is headquartered in Emeryville, California.Read More GO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GO Stock News HeadlinesMarch 28, 2024 | insidertrades.comThomas F. Herman Sells 1,000 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockMarch 27, 2024 | insidertrades.comGrocery Outlet Holding Corp. (NASDAQ:GO) Director Purchases $1,031,125.00 in StockMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 26, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Sells 15,000 Shares of StockMarch 22, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) EVP Sells 32,017 Shares of StockMarch 16, 2024 | insidertrades.comGrocery Outlet Holding Corp. (NASDAQ:GO) CFO Lindsay E. Gray Sells 1,827 SharesMarch 15, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) Director Sells 64,000 Shares of StockMarch 12, 2024 | insidertrades.comInsider Selling: Grocery Outlet Holding Corp. (NASDAQ:GO) CFO Sells 1,677 Shares of StockMarch 29, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 12, 2024 | insidertrades.comAndrea Renee Bortner Sells 5,522 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockMarch 12, 2024 | insidertrades.comGrocery Outlet Holding Corp. (NASDAQ:GO) Director Eric J. Jr. Lindberg Sells 35,528 SharesMarch 29, 2024 | msn.comFederal EV charging stations are key to Biden’s climate agenda, yet only 4 states have themMarch 28, 2024 | msn.comDelaware's first Grocery Outlet is opening soon. Here's what we knowMarch 28, 2024 | americanbankingnews.comGrocery Outlet (NASDAQ:GO) Shares Gap Up on Insider Buying ActivityMarch 27, 2024 | americanbankingnews.comGrocery Outlet Holding Corp. (NASDAQ:GO) Director Erik D. Ragatz Acquires 36,500 SharesMarch 26, 2024 | finance.yahoo.comInsider Sell: EVP, Chief Purchasing Officer Steven Wilson Sells 22,152 Shares of Grocery Outlet ...March 23, 2024 | americanbankingnews.comSteven K. Wilson Sells 32,017 Shares of Grocery Outlet Holding Corp. (NASDAQ:GO) StockMarch 22, 2024 | benzinga.comEVP At Grocery Outlet Holding Exercises Options Worth $701KMarch 18, 2024 | msn.comKate Middleton's First Video Appearance in Months Finds Her in Leggings and a Rain JacketMarch 18, 2024 | yahoo.comI Found 36 Pieces of the Best Furniture, and They’re All From AmazonMarch 16, 2024 | msn.comTyson Foods hoping to hire over 40,000 immigrants for labor-manufacturing jobs: reportMarch 15, 2024 | seekingalpha.comGrocery Outlet Holding: Very Negative On This UGO Acquisition In The Near TermMarch 14, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Pilgrim's Pride, Molson Coors, Tyson Foods and Grocery Outlet.March 13, 2024 | sfgate.com'Extremely annoying': The persistent cough taking over the Bay AreaMarch 12, 2024 | msn.comLt. Gov. Stratton comments on proposed grocery tax removalMarch 11, 2024 | finance.yahoo.comInsider Sell: EVP, Chief Stores Officer Pamela Burke Sells 5,764 Shares of Grocery Outlet ...March 8, 2024 | msn.comMarin City Grocery Outlet opening hailed as inroad into neighborhood food desertSee More Headlines Receive GO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grocery Outlet and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/27/2024Today3/29/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Staples Industry Grocery stores Sub-IndustryN/A Current SymbolNASDAQ:GO CUSIPN/A CIK1771515 Webwww.groceryoutlet.com Phone(510) 845-1999FaxN/AEmployees901Year FoundedN/APrice Target and Rating Average Stock Price Target$31.44 High Stock Price Target$39.00 Low Stock Price Target$20.00 Potential Upside/Downside+9.3%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$0.79 Trailing P/E Ratio36.43 Forward P/E Ratio30.29 P/E Growth2.68Net Income$79.44 million Net Margins2.00% Pretax Margin2.62% Return on Equity7.17% Return on Assets2.94% Debt Debt-to-Equity Ratio0.24 Current Ratio1.35 Quick Ratio0.43 Sales & Book Value Annual Sales$3.97 billion Price / Sales0.72 Cash Flow$1.80 per share Price / Cash Flow16.02 Book Value$12.28 per share Price / Book2.34Miscellaneous Outstanding Shares99,230,000Free Float93,076,000Market Cap$2.86 billion OptionableOptionable Beta0.08 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Robert Joseph Sheedy Jr. (Age 48)President, CEO & Director Comp: $1.32MMs. Pamela B. Burke (Age 56)Chief Stores Officer & Executive VP Comp: $918.61kMr. Steven K. Wilson (Age 59)Executive VP & Chief Purchasing Officer Comp: $746.29kMs. Lindsay E. Gray (Age 39)Interim CFO & Senior VP of Accounting Mr. Ramesh Chikkala (Age 58)Executive VP & Chief Operations Officer Mr. Harrison LewisSenior VP & Chief Information OfficerMr. Luke D. Thompson (Age 51)Executive VP, General Counsel & Corporate Secretary Jon DeckerSenior Vice President of Stores, Sales & MerchandisingAlejandro Alvarez CorreaSenior VP & Chief Marketing OfficerMs. Andrea R. Bortner (Age 62)Executive VP & Chief Human Resources Officer More ExecutivesKey CompetitorsBBB FoodsNYSE:TBBBJ&J Snack FoodsNASDAQ:JJSFHelen of TroyNASDAQ:HELEKrispy KremeNASDAQ:DNUTUtz BrandsNYSE:UTZView All CompetitorsInsiders & InstitutionsThomas F HermanSold 1,000 sharesTotal: $29,000.00 ($29.00/share)Erik D RagatzBought 36,500 shares on 3/22/2024Total: $1.03 M ($28.25/share)PNC Financial Services Group Inc.Sold 1,781 shares on 3/22/2024Ownership: 0.016%Steven K WilsonSold 15,000 sharesTotal: $427,500.00 ($28.50/share)Steven K WilsonSold 32,017 sharesTotal: $887,831.41 ($27.73/share)View All Insider TransactionsView All Institutional Transactions GO Stock Analysis - Frequently Asked Questions Should I buy or sell Grocery Outlet stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Grocery Outlet in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GO, but not buy additional shares or sell existing shares. View GO analyst ratings or view top-rated stocks. What is Grocery Outlet's stock price target for 2024? 9 equities research analysts have issued 1 year target prices for Grocery Outlet's shares. Their GO share price targets range from $20.00 to $39.00. On average, they predict the company's share price to reach $31.44 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for GO or view top-rated stocks among Wall Street analysts. How have GO shares performed in 2024? Grocery Outlet's stock was trading at $26.96 at the start of the year. Since then, GO shares have increased by 6.8% and is now trading at $28.78. View the best growth stocks for 2024 here. Are investors shorting Grocery Outlet? Grocery Outlet saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 6,430,000 shares, an increase of 7.7% from the February 29th total of 5,970,000 shares. Based on an average daily volume of 1,270,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 6.8% of the shares of the stock are sold short. View Grocery Outlet's Short Interest. When is Grocery Outlet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our GO earnings forecast. How were Grocery Outlet's earnings last quarter? Grocery Outlet Holding Corp. (NASDAQ:GO) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company earned $989.82 million during the quarter, compared to analyst estimates of $982.44 million. Grocery Outlet had a net margin of 2.00% and a trailing twelve-month return on equity of 7.17%. What ETFs hold Grocery Outlet's stock? ETFs with the largest weight of Grocery Outlet (NASDAQ:GO) stock in their portfolio include SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), First Trust Consumer Staples AlphaDEX Fund (FXG), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) and Amplify Etho Climate Leadership U.S. ETF (ETHO).iShares U.S. Consumer Staples ETF (IYK). What guidance has Grocery Outlet issued on next quarter's earnings? Grocery Outlet issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 1.140-1.200 for the period, compared to the consensus estimate of 1.140. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion. What is Eric Lindberg/ MacGregor Read's approval rating as Grocery Outlet's CEO? 142 employees have rated Grocery Outlet Chief Executive Officer Eric Lindberg/ MacGregor Read on Glassdoor.com. Eric Lindberg/ MacGregor Read has an approval rating of 93% among the company's employees. This puts Eric Lindberg/ MacGregor Read in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. When did Grocery Outlet IPO? Grocery Outlet (GO) raised $275 million in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 17,200,000 shares at a price of $15.00-$17.00 per share. BofA Merrill Lynch, Morgan Stanley, Deutsche Bank Securities, Jefferies, Barclays, Goldman Sachs, Guggenheim Securities, UBS Investment Bank and Cowen served as the underwriters for the IPO and Telsey Advisory Group, Drexel Hamilton and Penserra Securities were co-managers. Who are Grocery Outlet's major shareholders? Grocery Outlet's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (9.41%), Vanguard Group Inc. (9.34%), Vanguard Group Inc. (9.34%), Mackenzie Financial Corp (4.96%), Jackson Square Partners LLC (4.46%) and Clearbridge Investments LLC (2.96%). Insiders that own company stock include Andrea Renee Bortner, Brian Mcandrews, Charles Bracher, Eric J Jr Lindberg, Eric J Jr Lindberg, Erik D Ragatz, Jeffrey York, Lindsay E Gray, Luke D Thompson, Pamela B Burke, Robert Joseph Jr Sheedy, S Macgregor Jr Read, Steven K Wilson, Thomas F Herman and Thomas F Herman. View institutional ownership trends. How do I buy shares of Grocery Outlet? Shares of GO 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 (NASDAQ:GO) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research 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 Grocery Outlet Holding Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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