Grocery Outlet Holding Corp (GO) concluded trading on Wednesday at a closing price of $10.99, with 15.27 million shares of worth about $167.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.01% during that period and on Wednesday the price saw a loss of about -30.18%. Currently the company’s common shares owned by public are about 97.14M shares, out of which, 92.95M shares are available for trading.
Stock saw a price change of -31.31% in past 5 days and over the past one month there was a price change of -34.97%. Year-to-date (YTD), GO shares are showing a performance of -29.60% which decreased to -57.71% 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 1.76 million. The stock is currently trading -32.41% below its 20-day simple moving average (SMA20), while that difference is down -32.68% for SMA50 and it goes to -40.21% lower than SMA200.
Grocery Outlet Holding Corp (NASDAQ: GO) currently have 97.14M outstanding shares and institutions hold larger chunk of about 107.33% of that.
The stock has a current market capitalization of $1.07B and its 3Y-monthly beta is at 0.32. PE ratio of stock for trailing 12 months is 27.92, while it has posted earnings per share of $0.39 in the same period. Its PEG reads 3.18 and has Quick Ratio of 0.31 while making debt-to-equity ratio of 1.38. 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 6.41% while standing at 5.07% over the month.
Stock’s fiscal year EPS is expected to drop by -2.37% while it is estimated to increase by 19.27% in next year. EPS is likely to shrink at an annualized rate of 8.79% for next 5-years, compared to annual growth of 16.03% 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 Deutsche Bank on February 26, 2025 offering a Hold rating for the stock and assigned a target price of $12 to it. Coverage by TD Cowen stated Grocery Outlet Holding Corp (GO) stock as a Hold in their note to investors on November 06, 2024, suggesting a price target of $16 for the stock. On October 30, 2024, Telsey Advisory Group Downgrade their recommendations, while on October 30, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $17. Stock get a Hold rating from Loop Capital on October 17, 2024.
