Stocks of Grocery Outlet Holding Corp (NASDAQ:GO) traded higher last session on Wall Street, up 3.34% to $13.63.
GO stock price is now -5.78% away from the 50-day moving average and -13.83% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.
With the price target maintained at $18, Jefferies recently Upgraded its rating from Hold to Buy for Grocery Outlet Holding Corp (NASDAQ: GO). On February 26, 2025, Deutsche Bank Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $12, while ‘TD Cowen’ rates the stock as ‘Hold’
In other news, Thompson Luke D, EVP, GC and Secretary sold 1,368 shares of the company’s stock on May 21 ’25. The stock was sold for $18,837 at an average price of $13.77. Upon completion of the transaction, the EVP, GC and Secretary now directly owns 29,799 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’25, Officer Thompson Luke D bought 1,368 shares of the business’s stock. A total of $18,832 was incurred on buying the stock at an average price of $13.77. A total of 19.00% of the company’s stock is owned by insiders.
During the past 12 months, Grocery Outlet Holding Corp has had a low of $10.26 and a high of $22.55. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 1.25, and a quick ratio of 0.25. According to the stock market information, the enterprise value for the company is $3026626048, which is based on a 80.94 price-to-earnings ratio, a 11.99 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for GO is $14.4656 and a two-hundred day moving average price translates $15.8182 for the stock.
The latest earnings results from Grocery Outlet Holding Corp (NASDAQ: GO) was released for 2025-03-29. The net profit margin was 0.39% and return on equity was 1.43% for GO. The company reported revenue of $1.13 billion for the quarter, compared to $1.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.55 percent.
