Analysts Offer Predictions for Grocery Outlet Q1 Earnings

Grocery Outlet Holding Corp. (NASDAQ:GO) – Equities research analysts at Roth Capital lowered their Q1 2025 earnings estimates for shares of Grocery Outlet in a report released on Wednesday, February 26th. Roth Capital analyst W. Kirk now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.08. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share. Roth Capital also issued estimates for Grocery Outlet’s Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.26 EPS, Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.63 EPS.

Several other brokerages have also commented on GO. Telsey Advisory Group cut their price objective on Grocery Outlet from $18.00 to $16.00 and set a “market perform” rating for the company in a report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft cut shares of Grocery Outlet from a “buy” rating to a “hold” rating and set a $12.00 target price on the stock. in a research note on Wednesday, February 26th. The Goldman Sachs Group reduced their price objective on shares of Grocery Outlet from $14.00 to $11.00 and set a “sell” rating for the company in a research note on Thursday, February 27th. TD Cowen cut shares of Grocery Outlet from a “buy” rating to a “hold” rating and lowered their target price for the company from $25.00 to $16.00 in a research note on Wednesday, November 6th. Finally, Roth Mkm cut their price target on Grocery Outlet from $20.00 to $16.00 and set a “neutral” rating for the company in a research note 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 given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $15.25.

Grocery Outlet Stock Down 0.1 %

NASDAQ:GO opened at $11.32 on Monday. The firm has a 50-day simple moving average of $15.78 and a two-hundred day simple moving average of $16.91. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.33 and a current ratio of 1.46. Grocery Outlet has a fifty-two week low of $10.26 and a fifty-two week high of $29.13. The firm has a market cap of $1.10 billion, a P/E ratio of 22.20, a P/E/G ratio of 9.08 and a beta of 0.32.

Hedge Funds Weigh In On Grocery Outlet

A number of institutional investors have recently modified their holdings of GO. Barclays PLC lifted its position in shares of Grocery Outlet by 1,224.1% during the 3rd quarter. Barclays PLC now owns 300,393 shares of the company’s stock valued at $5,271,000 after buying an additional 277,706 shares in the last quarter. Jane Street Group LLC grew its position in shares of Grocery Outlet by 357.7% in the third quarter. Jane Street Group LLC now owns 519,542 shares of the company’s stock valued at $9,118,000 after purchasing an additional 406,039 shares during the period. Choreo LLC purchased a new stake in shares of Grocery Outlet during the fourth quarter worth about $245,000. Cerity Partners LLC lifted its stake in Grocery Outlet by 887.1% in the 3rd quarter. Cerity Partners LLC now owns 105,675 shares of the company’s stock valued at $1,855,000 after buying an additional 94,969 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Grocery Outlet in the 3rd quarter worth about $511,000. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Insider Transactions at Grocery Outlet

In other news, Director Erik D. Ragatz purchased 165,000 shares of the stock in a transaction dated Friday, February 28th. The shares were acquired at an average cost of $12.25 per share, for a total transaction of $2,021,250.00. Following the acquisition, the director now owns 201,500 shares of the company’s stock, valued at approximately $2,468,375. This represents a 452.05 % 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 hyperlink. Also, CFO Christopher M. Miller bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average price of $11.68 per share, for a total transaction of $116,800.00. Following the completion of the purchase, the chief financial officer now owns 10,000 shares in the company, valued at $116,800. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 200,000 shares of company stock worth $2,435,050. 4.50% of the stock is currently owned by insiders.

Grocery Outlet Company Profile

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.