During the last session, Grocery Outlet Holding Corp (NASDAQ:GO)’s traded shares were 7.4 million, with the beta value of the company hitting 0.40. At the end of the trading day, the stock’s price was $15.33, reflecting an intraday loss of -6.12% or -$1.0. The 52-week high for the GO share is $26.20, that puts it down -70.91 from that peak though still a striking 33.07% gain since the share price plummeted to a 52-week low of $10.26. The company’s market capitalization is $1.50B, and the average trade volume was 3.26 million shares over the past three months.
Grocery Outlet Holding Corp (GO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. GO has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.17.
Grocery Outlet Holding Corp (NASDAQ:GO) trade information
Grocery Outlet Holding Corp (GO) registered a -6.12% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.12% in intraday trading to $15.33, hitting a weekly high. The stock’s 5-day price performance is -8.70%, and it has moved by 10.77% in 30 days. Based on these gigs, the overall price performance for the year is -40.37%.
The consensus price target of analysts on Wall Street is $19, which implies an increase of 19.32% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19 and $19 respectively. As a result, GO is trading at a discount of -23.94% off the target high and -23.94% off the low.
Grocery Outlet Holding Corp (GO) estimates and forecasts
In the rating firms’ projections, revenue will increase 8.11% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.2B as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 1.18B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.13B and 1.11B respectively. In this case, analysts expect current quarter sales to grow by 6.30% and then jump by 6.49% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.03%. While earnings are projected to return -3.85% in 2025, the next five years will return 6.75% per annum.
GO Dividends
Grocery Outlet Holding Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 10.35 million shares, is of VANGUARD GROUP INC’s that is approximately 10.3986% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $228.96 million.
Also, the Mutual Funds coming in first place with the largest holdings of Grocery Outlet Holding Corp (GO) shares are iShares Trust-iShares Core S&P Small-Cap ETF and SMALLCAP WORLD FUND INC . Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 6.01 shares. This amounts to just over 6.13 percent of the company’s overall shares, with a $92.06 million market value. The same data shows that the other fund manager holds slightly less at 3.56, or about 3.63% of the stock, which is worth about $54.57 million.
