Currently, there are 97.26M common shares owned by the public and among those 92.95M shares have been available to trade.
The company’s stock has a 5-day price change of -2.33% and -4.39% over the past three months. GO shares are trading 4.61% year to date (YTD), with the 12-month market performance down to -36.73% lower. It has a 12-month low price of $10.26 and touched a high of $26.20 over the same period. GO has an average intraday trading volume of 3.19 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.97%, 18.13%, and -1.34% respectively.
Institutional ownership of Grocery Outlet Holding Corp (NASDAQ: GO) shares accounts for 103.06% of the company’s 97.26M shares outstanding.
It has a market capitalization of $1.60B and a beta (3y monthly) value of 0.40. The stock’s trailing 12-month PE ratio is 41.11, while the earnings-per-share (ttm) stands at $0.40. The company has a PEG of 6.18 and a Quick Ratio of 0.31 with the debt-to-equity ratio at 1.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.32% over the week and 4.90% over the month.
Earnings per share for the fiscal year are expected to decrease by -5.42%, and 19.74% over the next financial year. EPS should shrink at an annualized rate of 6.65% over the next five years, compared to 16.03% over the past 5-year period.
Looking at the support for the GO, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on April 16, 2025, with the firm’s price target at $18. Deutsche Bank coverage for the Grocery Outlet Holding Corp (GO) stock in a research note released on February 26, 2025 offered a Hold rating with a price target of $12. TD Cowen was of a view on November 06, 2024 that the stock is Hold, while Telsey Advisory Group gave the stock Market Perform rating on October 30, 2024, issuing a price target of $27- $19. BofA Securities on their part issued Neutral rating on October 30, 2024.
