In last trading session, Grove Collaborative Holdings Inc (NYSE:GROV) saw 0.88 million shares changing hands with its beta currently measuring 1.07. Company’s recent per share price level of $1.46 trading at -$0.3 or -17.05% at ring of the bell on the day assigns it a market valuation of $59.70M. That closing price of GROV’s stock is at a discount of -67.12% from its 52-week high price of $2.44 and is indicating a premium of 19.18% from its 52-week low price of $1.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.27 million shares which gives us an average trading volume of 138.50K if we extend that period to 3-months.
For Grove Collaborative Holdings Inc (GROV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.
Grove Collaborative Holdings Inc (NYSE:GROV) trade information
Upright in the red during last session for losing -17.05%, in the last five days GROV remained trading in the green while hitting it’s week-highest on Wednesday, 01/08/25 when the stock touched $1.46 price level, adding 25.13% to its value on the day. Grove Collaborative Holdings Inc’s shares saw a change of 5.04% in year-to-date performance and have moved 3.55% in past 5-day. Grove Collaborative Holdings Inc (NYSE:GROV) showed a performance of -2.01% in past 30-days. Number of shares sold short was 1.19 million shares which calculate 13.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 150 to the stock, which implies a rise of 99.03% to its current value. Analysts have been projecting 50 as a low price target for the stock while placing it at a high target of 250. It follows that stock’s current price would drop -3324.66% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3324.66% for stock’s current value.
Grove Collaborative Holdings Inc (GROV) estimates and forecasts
This year revenue growth is estimated to fall -21.82% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 48.79M for the same. And 1 analysts are in estimates of company making revenue of 49.92M in the next quarter. Company posted 59.86M and 53.55M of sales in current and next quarters respectively a year earlier.
Grove Collaborative Holdings Inc (NYSE:GROV)’s Major holders
Insiders are in possession of 35.87% of company’s total shares while institution are holding 34.83 percent of that, with stock having share float percentage of 54.31%. Investors also watch the number of corporate investors in a company very closely, which is 34.83% institutions for Grove Collaborative Holdings Inc that are currently holding shares of the company. TURIM 21 INVESTIMENTOS LTDA. is the top institutional holder at GROV for having 214.0 shares of worth $379.0. And as of 2024-06-30, it was holding 0.0006 of the company’s outstanding shares.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 654.5 shares of worth $0.96 million or 1.84% of the total outstanding shares. The later fund manager was in possession of 307.24 shares on Sep 30, 2024 , making its stake of worth around $0.45 million in the company or a holder of 0.87% of company’s stock.
