Grocery Outlet Holding Corp (GO) concluded trading on Thursday at a closing price of $16.14, with 3.06 million shares of worth about $49.46 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.40% during that period and on January 30, 2025 the price saw a loss of about -3.76%. Currently the company’s common shares owned by public are about 98.64M shares, out of which, 92.71M shares are available for trading.
Stock saw a price change of 6.82% in past 5 days and over the past one month there was a price change of 4.33%. Year-to-date (YTD), GO shares are showing a performance of 3.40% which decreased to -36.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.60 but also hit the highest price of $29.19 during that period. The average intraday trading volume for Grocery Outlet Holding Corp shares is 2.03 million. The stock is currently trading -0.16% below its 20-day simple moving average (SMA20), while that difference is down -7.70% for SMA50 and it goes to -16.25% lower than SMA200.
Grocery Outlet Holding Corp (NASDAQ: GO) currently have 98.64M outstanding shares and institutions hold larger chunk of about 104.96% of that.
The stock has a current market capitalization of $1.57B and its 3Y-monthly beta is at 0.32. PE ratio of stock for trailing 12 months is 31.46, while it has posted earnings per share of $0.51 in the same period. Its PEG reads 349.58 and has Quick Ratio of 0.33 while making debt-to-equity ratio of 1.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GO, volatility over the week remained 5.29% while standing at 4.94% over the month.
Stock’s fiscal year EPS is expected to drop by -26.64% while it is estimated to increase by 20.38% in next year. EPS is likely to shrink at an annualized rate of 0.09% for next 5-years, compared to annual growth of 34.39% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on November 06, 2024 offering a Hold rating for the stock and assigned a target price range of between $25 and $16 to it. Coverage by Telsey Advisory Group stated Grocery Outlet Holding Corp (GO) stock as a Market perform in their note to investors on October 30, 2024, suggesting a price target of $19 for the stock. On October 30, 2024, BofA Securities Downgrade their recommendations, while on October 17, 2024, Loop Capital Initiated their ratings for the stock with a price target of $17. Stock get an Outperform rating from Telsey Advisory Group on August 07, 2024.
