The stock of Grocery Outlet Holding Corp (GO) has seen a 0.59% increase in the past week, with a 4.79% gain in the past month, and a 19.44% flourish in the past quarter. The volatility ratio for the week is 5.14%, and the volatility levels for the past 30 days are at 5.08% for GO. The simple moving average for the past 20 days is 4.94% for GO’s stock, with a -10.67% simple moving average for the past 200 days.
Is It Worth Investing in Grocery Outlet Holding Corp (NASDAQ: GO) Right Now?
Grocery Outlet Holding Corp (NASDAQ: GO) has a price-to-earnings ratio of 33.29x that is above its average ratio. Additionally, the 36-month beta value for GO is 0.31. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
The public float for GO is 92.71M and currently, short sellers hold a 11.32% ratio of that float. The average trading volume of GO on February 05, 2025 was 1.93M shares.
GO) stock’s latest price update
Grocery Outlet Holding Corp (NASDAQ: GO)’s stock price has increased by 3.39 compared to its previous closing price of 16.52. However, the company has seen a 0.59% increase in its stock price over the last five trading sessions. accessnewswire.com reported 2025-02-04 that LOS ANGELES, CA / ACCESS Newswire / February 4, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Grocery Outlet Holding Corp. (“Grocery Outlet” or “the Company”) (NASDAQ:GO) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company’s securities between November 7, 2023 and May 7, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before March 31, 2025.
Analysts’ Opinion of GO
Many brokerage firms have already submitted their reports for GO stocks, with TD Cowen repeating the rating for GO by listing it as a “Hold.” The predicted price for GO in the upcoming period, according to TD Cowen is $16 based on the research report published on November 06, 2024 of the previous year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see GO reach a price target of $19, previously predicting the price at $27. The rating they have provided for GO stocks is “Market Perform” according to the report published on October 30th, 2024.
BofA Securities gave a rating of “Neutral” to GO, setting the target price at $17 in the report published on October 30th of the previous year.
GO Trading at -1.81% from the 50-Day Moving Average
After a stumble in the market that brought GO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.49% of loss for the given period.
Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 5.14%, as shares surge +9.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.32% lower at present.
During the last 5 trading sessions, GO rose by +0.59%, which changed the moving average for the period of 200-days by -35.69% in comparison to the 20-day moving average, which settled at $16.28. In addition, Grocery Outlet Holding Corp saw 9.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GO starting from Lindberg Eric J. Jr., who proposed sale 29,536 shares at the price of $16.88 back on Feb 04 ’25. After this action, Lindberg Eric J. Jr. now owns shares of Grocery Outlet Holding Corp, valued at $498,515 using the latest closing price.
Ragatz Erik D., the Director of Grocery Outlet Holding Corp, purchase 110,000 shares at $18.25 during a trade that took place back on Nov 15 ’24, which means that Ragatz Erik D. is holding 539,785 shares at $2,007,500 based on the most recent closing price.
Stock Fundamentals for GO
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.3 for the gross margin
The net margin for Grocery Outlet Holding Corp stands at 0.01. The total capital return value is set at 0.03. Equity return is now at value 4.22, with 1.69 for asset returns.
Based on Grocery Outlet Holding Corp (GO), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is 3.77.
Currently, EBITDA for the company is 214.97 million with net debt to EBITDA at 9.36. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 239.86for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
In conclusion, Grocery Outlet Holding Corp (GO) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
