FY2025 EPS Forecast for Grocery Outlet Decreased by Analyst

Grocery Outlet Holding Corp. (NASDAQ:GO) – Stock analysts at DA Davidson reduced their FY2025 earnings per share estimates for Grocery Outlet in a report issued on Wednesday, February 26th. DA Davidson analyst M. Baker now expects 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.

Several other research firms have also issued reports on GO. Craig Hallum dropped their price objective on Grocery Outlet from $20.00 to $17.00 and set a “hold” rating for the company in a research note on Wednesday, November 6th. Bank of America dropped their price target on Grocery Outlet from $20.00 to $17.00 and set a “neutral” rating for the company in a research report on Wednesday. Morgan Stanley decreased their price objective on shares of Grocery Outlet from $13.00 to $10.00 and set an “underperform” rating on the stock in a research report on Wednesday. UBS Group decreased their price objective on Grocery Outlet from $21.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday, November 6th. Finally, TD Cowen cut shares of Grocery Outlet from a “buy” rating to a “hold” rating and decreased their target price for the stock from $25.00 to $16.00 in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.25.

Grocery Outlet Stock Performance

NASDAQ GO opened at $11.83 on Friday. The company’s 50 day moving average is $16.05 and its 200-day moving average is $17.10. Grocery Outlet has a 12-month low of $10.26 and a 12-month high of $29.19. The firm has a market cap of $1.15 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 9.08 and a beta of 0.32. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.34.

Hedge Funds Weigh In On Grocery Outlet

Several large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Grocery Outlet by 8.1% during the 4th 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 during the last quarter. Voloridge Investment Management LLC lifted its stake in shares of Grocery Outlet by 28.8% in the fourth quarter. Voloridge Investment Management LLC now owns 1,239,352 shares of the company’s stock worth $19,346,000 after buying an additional 277,489 shares in the last quarter. Twinbeech Capital LP purchased a new stake in shares of Grocery Outlet during the fourth quarter valued at approximately $4,040,000. Two Sigma Advisers LP purchased a new stake in shares of Grocery Outlet during the fourth quarter valued at approximately $1,033,000. Finally, Two Sigma Investments LP increased 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 acquiring an additional 258,913 shares in the last quarter. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Insider Activity at Grocery Outlet

In related news, CFO Christopher M. Miller bought 10,000 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $116,800. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.50% of the stock is currently owned by corporate insiders.

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.