Grocery Outlet Holding Corp (NASDAQ: GO) is -10.12% lower on its value in year-to-date trading and has touched a low of $10.26 and a high of $22.55 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 $13.62 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $14.03, the stock is -0.37% and -2.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing 3.01% at the moment leaves the stock -12.37% off its SMA200. GO registered -34.59% loss for a year compared to 6-month loss of -33.98%. The firm has a 50-day simple moving average (SMA 50) of $14.386 and a 200-day simple moving average (SMA200) of $16.0363.
The stock witnessed a -14.87% gain in the last 1 month and extending the period to 3 months gives it a 23.94%, and is 0.14% 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 1.76% over the week and 2.74% over the month.
Grocery Outlet Holding Corp (GO) has around 2307 employees, a market worth around $1.38B and $4.46B in sales. Current P/E ratio is 83.31 and Fwd P/E is 16.05. Profit margin for the company is 0.39%. Distance from 52-week low is 36.74% and -37.78% from its 52-week high. The company has generated returns on investments over the last 12 months (0.61%).
with sales reaching $1.2B over the same period.The EPS is expected to shrink by -3.85% this year, but quarterly earnings will post 8.03% year-over-year. Quarterly sales are estimated to grow 5.98% in year-over-year returns.
Grocery Outlet Holding Corp (GO) Top Institutional Holders
325.0 institutions hold shares in Grocery Outlet Holding Corp (GO), with institutional investors hold 124.10% of the company’s shares. The shares outstanding are 98.01M, and float is at 91.52M with Short Float at 13.33%. Institutions hold 118.46% of the Float.
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 sale by Thompson Luke D,the company’sEVP, GC and Secretary. SEC filings show that Thompson Luke D sold 1,368 shares of the company’s common stock on May 21 ’25 at a price of $13.77 per share for a total of $18837.0. Following the sale, the insider now owns 29799.0 shares.
Still, SEC filings show that on May 09 ’25, Ragatz Erik D. (Director) acquired 19,000 shares at an average price of $14.46 for $0.27 million. The insider now directly holds 19,000 shares of Grocery Outlet Holding Corp (GO).
