Grocery Outlet Holding Corp (NASDAQ:GO)’s traded shares stood at 1.01 million during the latest session, with the company’s beta value hitting 0.37. At the last check today, the stock’s price was $11.28, to imply an increase of 2.68% or $0.29 in intraday trading. The GO share’s 52-week high remains $29.19, putting it -158.78% down since that peak but still an impressive 9.04% since price per share fell to its 52-week low of $10.26.
Analysts have given a consensus recommendation of Buy for Grocery Outlet Holding Corp (GO), translating to a mean rating of 3.12. Of 8 analyst(s) looking at the stock, 0 analyst(s) give GO a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 6 recommend it as a Buy.
Grocery Outlet Holding Corp (NASDAQ:GO) trade information
After registering a 2.68% upside in the latest session, Grocery Outlet Holding Corp (GO) has traded red over the past five days. The 5-day price performance for the stock is -29.03%, and -33.54% over 30 days. With these gigs, the year-to-date price performance is -27.71%.
The extremes give us $16 and $19 for target low and target high price respectively. As such, GO has been trading -68.44% off suggested target high and -41.84% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 16.03% for the past 5-year period. While 2025 is set for a -2.37% return in earnings, projections for the next 5 years are at 6.54% annually.
GO Dividends
Grocery Outlet Holding Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 10.35 million shares, or about 10.4009% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $228.96 million.
We also have Smallcap World Fund and iShares Core S&P Smallcap ETF as the top two Mutual Funds with the largest holdings of the Grocery Outlet Holding Corp (GO) shares. Going by data provided on Sep 30, 2024 , Smallcap World Fund holds roughly 7.94 shares. This is just over 8.17% of the total shares, with a market valuation of $90.34 million. Data from the same date shows that the other fund manager holds a little less at 6.33, or 6.52% of the shares, all valued at about 72.05 million.
