FY2025 EPS Estimate for Grocery Outlet Decreased by Analyst

Grocery Outlet Holding Corp. (NASDAQ:GO) – Research analysts at DA Davidson reduced their FY2025 EPS estimates for shares of Grocery Outlet in a research note issued to investors on Wednesday, February 26th. DA Davidson analyst M. Baker now anticipates that the company will earn $0.54 per share for the year, down from their previous estimate of $0.72. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share. DA Davidson also issued estimates for Grocery Outlet’s FY2026 earnings at $0.80 EPS.

Other equities research analysts have also recently issued reports about the stock. Wells Fargo & Company decreased their price objective on shares of Grocery Outlet from $23.00 to $18.00 and set an “overweight” rating for the company in a research report on Wednesday. Craig Hallum decreased their price objective on shares of Grocery Outlet from $20.00 to $17.00 and set a “hold” rating for the company in a research report on Wednesday, November 6th. Roth Mkm decreased their price objective on shares of Grocery Outlet from $20.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, November 6th. Morgan Stanley decreased their price objective on shares of Grocery Outlet from $13.00 to $10.00 and set an “underperform” rating for the company in a research report on Wednesday. Finally, Telsey Advisory Group decreased their price objective on shares of Grocery Outlet from $18.00 to $16.00 and set a “market perform” rating for the company in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $15.25.

Grocery Outlet Trading Up 0.3 %

GO opened at $11.87 on Friday. Grocery Outlet has a twelve month low of $10.26 and a twelve month high of $29.13. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. The company has a fifty day moving average of $15.95 and a 200-day moving average of $17.05. The stock has a market cap of $1.15 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 9.08 and a beta of 0.32.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, CFO Christopher M. Miller acquired 10,000 shares of the company’s stock in a transaction on Thursday, February 27th. The shares were purchased at an average cost of $11.68 per share, with a total value of $116,800.00. Following the completion of the purchase, the chief financial officer now owns 10,000 shares of the company’s stock, valued at approximately $116,800. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Grocery Outlet by 8.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 313,642 shares of the company’s stock valued at $4,896,000 after purchasing an additional 23,606 shares in the last quarter. Voloridge Investment Management LLC lifted its position in shares of Grocery Outlet by 28.8% during the fourth quarter. Voloridge Investment Management LLC now owns 1,239,352 shares of the company’s stock valued at $19,346,000 after purchasing an additional 277,489 shares in the last quarter. Twinbeech Capital LP bought a new position in shares of Grocery Outlet during the fourth quarter valued at about $4,040,000. Two Sigma Advisers LP bought a new position in shares of Grocery Outlet during the fourth quarter valued at about $1,033,000. Finally, Two Sigma Investments LP lifted its position in shares of Grocery Outlet by 188.3% during the fourth quarter. Two Sigma Investments LP now owns 396,445 shares of the company’s stock valued at $6,189,000 after purchasing an additional 258,913 shares in the last quarter. 99.87% of the stock is owned by institutional investors.

About Grocery Outlet

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products.