Grocery Outlet Holding Corp (NASDAQ: GO) is -27.48% lower on its value in year-to-date trading and has touched a low of $10.26 and a high of $29.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GO stock was last observed hovering at around $11.33 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $11.32, the stock is -26.00% and -28.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing -0.09% at the moment leaves the stock -37.81% off its SMA200. GO registered -56.11% loss for a year compared to 6-month loss of -38.61%.
The stock witnessed a -30.08% gain in the last 1 month and extending the period to 3 months gives it a -46.73%, and is -28.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.11% over the week and 5.50% over the month.
Grocery Outlet Holding Corp (GO) has around 2307 employees, a market worth around $1.10B and $4.37B in sales. Current P/E ratio is 28.50 and Fwd P/E is 13.14. Profit margin for the company is 0.90%. Distance from 52-week low is 10.33% and -61.14% from its 52-week high. The company has generated returns on investments over the last 12 months (1.43%).
with sales reaching $1.12B over the same period.The EPS is expected to shrink by -5.80% this year, but quarterly earnings will post 8.35% year-over-year. Quarterly sales are estimated to grow 8.32% in year-over-year returns.
Grocery Outlet Holding Corp (GO) Top Institutional Holders
The shares outstanding are 97.26M, and float is at 93.16M with Short Float at 12.36%.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.09 million shares valued at $267.45 million. The investor’s holdings represent 12.1492% of the GO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.35 million shares valued at $$228.96 million to account for 10.4009 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 5.51 million shares representing 5.5356% and valued at over $121.86 million, while 12 WEST CAPITAL MANAGEMENT LP holds 5.4751 of the shares totaling 5.45 million with a market value of $120.55 million.
Grocery Outlet Holding Corp (GO) Insider Activity
A total of 0 insider transactions have happened at Grocery Outlet Holding Corp (GO) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Still, SEC filings show that on Mar 04 ’25, Lindberg Eric J. Jr. (Officer) Proposed Sale 6,051 shares at an average price of $11.34 for $68591.0. The insider now directly holds shares of Grocery Outlet Holding Corp (GO).
