FY2025 EPS Estimates for Grocery Outlet Lifted by Analyst

Grocery Outlet Holding Corp. (NASDAQ:GO) – DA Davidson raised their FY2025 EPS estimates for shares of Grocery Outlet in a research report issued on Wednesday, November 5th. DA Davidson analyst M. Baker now forecasts that the company will post earnings of $0.65 per share for the year, up from their previous estimate of $0.64. DA Davidson currently has a “Neutral” rating and a $15.00 target price on the stock. 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 Q4 2025 earnings at $0.18 EPS.

Several other research firms also recently commented on GO. Telsey Advisory Group downgraded shares of Grocery Outlet from an “outperform” rating to a “market perform” rating in a research report on Wednesday. UBS Group reduced their price target on shares of Grocery Outlet from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday. Zacks Research upgraded shares of Grocery Outlet from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Bank of America reduced their price target on shares of Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, TD Cowen dropped their price objective on shares of Grocery Outlet from $18.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $15.73.

Grocery Outlet Stock Down 8.0%

GO stock opened at $13.03 on Thursday. The company has a fifty day moving average price of $16.06 and a 200 day moving average price of $15.18. Grocery Outlet has a 12 month low of $10.26 and a 12 month high of $21.67. The company has a market cap of $1.28 billion, a price-to-earnings ratio of -260.60, a price-to-earnings-growth ratio of 2.99 and a beta of 0.33. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.21 and a quick ratio of 0.25.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.18 billion. Grocery Outlet had a negative net margin of 0.10% and a positive return on equity of 5.88%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 EPS. Grocery Outlet has set its FY 2025 guidance at 0.780-0.80 EPS.

Insider Buying and Selling at Grocery Outlet

In other news, EVP Steven K. Wilson sold 20,000 shares of the company’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $19.20, for a total transaction of $384,000.00. Following the transaction, the executive vice president directly owned 146,923 shares of the company’s stock, valued at $2,820,921.60. This represents a 11.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Grocery Outlet

A number of large investors have recently added to or reduced their stakes in the business. Savant Capital LLC acquired a new stake in Grocery Outlet in the 3rd quarter valued at about $517,000. Hantz Financial Services Inc. lifted its holdings in Grocery Outlet by 591.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after purchasing an additional 1,739 shares in the last quarter. Van Berkom & Associates Inc. lifted its holdings in Grocery Outlet by 16.9% in the 3rd quarter. Van Berkom & Associates Inc. now owns 3,757,022 shares of the company’s stock valued at $60,300,000 after purchasing an additional 543,535 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new position in Grocery Outlet in the 3rd quarter valued at about $2,696,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Grocery Outlet during the 3rd quarter worth about $175,000. 99.87% of the stock is owned by institutional investors and hedge funds.

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.