Grocery Outlet Holding Corp (NASDAQ: GO) is -10.51% lower on its value in year-to-date trading and has touched a low of $10.26 and a high of $23.25 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 $14.13 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $13.97, the stock is -8.41% and -1.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.08 million and changing -1.13% at the moment leaves the stock -14.06% off its SMA200. GO registered -35.98% loss for a year compared to 6-month loss of -22.86%.
The stock witnessed a -11.25% gain in the last 1 month and extending the period to 3 months gives it a -12.69%, and is 1.90% up 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 3.44% over the week and 4.49% over the month.
Grocery Outlet Holding Corp (GO) has around 2307 employees, a market worth around $1.37B and $4.46B in sales. Current P/E ratio is 82.96 and Fwd P/E is 15.98. Profit margin for the company is 0.39%. Distance from 52-week low is 36.16% and -39.91% from its 52-week high. The company has generated returns on investments over the last 12 months (0.61%).
The EPS is expected to shrink by -3.85% this year.
Grocery Outlet Holding Corp (GO) Top Institutional Holders
The shares outstanding are 98.01M, and float is at 91.52M with Short Float at 13.55%.
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 12.1465% 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 10.3986 of the shares outstanding. The other top investors are ALLIANCEBERNSTEIN L.P. which holds 5.51 million shares representing 5.5344% 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
The most recent transaction is an insider purchase by Ragatz Erik D., the company’s Director. SEC filings show that Ragatz Erik D. bought 19,000 shares of the company’s common stock on May 09 ’25 at a price of $14.46 per share for a total of $0.27 million. Following the purchase, the insider now owns 19000.0 shares.
Grocery Outlet Holding Corp disclosed in a document filed with the SEC on Apr 02 ’25 that Bortner Andrea Reneesold a total of 1,931 shares of the company’s common stock. The trade occurred on Apr 02 ’25 and was made at $13.79 per share for $26628.0. Following the transaction, the insider now directly holds 27106.0 shares of the GO stock.
Still, SEC filings show that on Apr 02 ’25, Bortner Andrea Renee (Officer) Proposed Sale 1,931 shares at an average price of $13.79 for $26628.0. The insider now directly holds shares of Grocery Outlet Holding Corp (GO).
