Grocery Outlet Holding Stock Today

GO Stock  USD 28.78  0.22  0.76%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Grocery Outlet is selling at 28.78 as of the 28th of March 2024; that is -0.76 percent decrease since the beginning of the trading day. The stock's open price was 29.0. Grocery Outlet has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Grocery Outlet Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Staples Distribution & Retail
IPO Date
20th of June 2019
Category
Consumer Defensive
Classification
Consumer Staples
Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company was founded in 1946 and is headquartered in Emeryville, California. Grocery Outlet operates under Grocery Stores classification in the United States and is traded on NASDAQ Exchange. The company has 99.23 M outstanding shares of which 6.43 M shares are currently sold short in the market by investors with about 4.58 days to cover all shorted shares. More on Grocery Outlet Holding

Moving against Grocery Stock

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Grocery Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grocery Outlet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grocery Outlet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentRobert Sheedy
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationConsumer Staples Distribution & Retail, Consumer Defensive, NASDAQ Composite, SP Midcap 400, Processed Foods, Stores, Marketing, Retail, Consumer Staples, Consumer Staples Distribution & Retail, Grocery Stores, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering Grocery Outlet report their recommendations after researching Grocery Outlet's financial statements, talking to executives and customers, or listening in on Grocery Outlet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Grocery Outlet Holding. The Grocery consensus assessment is calculated by taking the average forecast from all of the analysts covering Grocery Outlet.
Financial Strength
Based on the key indicators related to Grocery Outlet's liquidity, profitability, solvency, and operating efficiency, Grocery Outlet Holding is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April. Financial strength of Grocery Outlet Holding is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01690.0211
Significantly Down
Slightly volatile
Asset Turnover1.461.48
Fairly Down
Slightly volatile
Gross Profit Margin0.250.27
Significantly Down
Slightly volatile
Net Debt1.3 B1.3 B
Fairly Down
Slightly volatile
Non Current Liabilities Total1.4 B1.7 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities169.1 M303.4 M
Way Down
Slightly volatile
Grocery Outlet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Grocery Outlet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grocery Outlet's financial leverage. It provides some insight into what part of Grocery Outlet's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Grocery Outlet's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Grocery Outlet deploys its capital and how much of that capital is borrowed.
Liquidity
Grocery Outlet cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 1.39 B of total liabilities with total debt to equity ratio (D/E) of 1.31, which is normal for its line of buisiness. Grocery Outlet Holding has a current ratio of 1.6, which is generally considered normal. Debt can assist Grocery Outlet until it has trouble settling it off, either with new capital or with free cash flow. So, Grocery Outlet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Grocery Outlet Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Grocery to invest in growth at high rates of return. When we think about Grocery Outlet's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

117.03 Million
Grocery Outlet Holding (GO) is traded on NASDAQ Exchange in USA. It is located in 5650 Hollis Street, Emeryville, CA, United States, 94608 and employs 901 people. Grocery Outlet is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 2.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grocery Outlet's market, we take the total number of its shares issued and multiply it by Grocery Outlet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Grocery Outlet Holding is active under Consumer Staples Distribution & Retail sector as part of Consumer Staples industry. The entity has 99.23 M outstanding shares of which 6.43 M shares are currently sold short in the market by investors with about 4.58 days to cover all shorted shares. Grocery Outlet Holding reports about 107.28 M in cash with 303.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check Grocery Outlet Probability Of Bankruptcy
Ownership Allocation
Grocery Outlet secures a total of 99.23 Million outstanding shares. The majority of Grocery Outlet Holding outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Grocery Outlet to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Grocery Outlet Holding. Please pay attention to any change in the institutional holdings of Grocery Outlet Holding as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Grocery Ownership Details

Grocery Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Grocery Outlet jumping above the current price in 90 days from now is about 1.11%. The Grocery Outlet Holding probability density function shows the probability of Grocery Outlet stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Grocery Outlet has a beta of 0.5786. This usually indicates as returns on the market go up, Grocery Outlet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grocery Outlet Holding will be expected to be much smaller as well. Additionally, grocery Outlet Holding has an alpha of 0.0254, implying that it can generate a 0.0254 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 28.78HorizonTargetOdds Above 28.78
98.87%90 days
 28.78 
1.11%
Based on a normal probability distribution, the odds of Grocery Outlet to move above the current price in 90 days from now is about 1.11 (This Grocery Outlet Holding probability density function shows the probability of Grocery Stock to fall within a particular range of prices over 90 days) .

Grocery Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Grocery Outlet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Grocery Outlet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Grocery Outlet's value.
InstituionRecorded OnShares
Neuberger Berman Group Llc2023-12-31
2.1 M
Jpmorgan Chase & Co2023-12-31
M
Hhg Plc2023-12-31
1.9 M
Geode Capital Management, Llc2023-12-31
1.6 M
Goldman Sachs Group Inc2023-12-31
1.5 M
Federated Hermes Inc2023-12-31
1.5 M
Ranger Investment Management Lp2023-12-31
1.4 M
Geneva Capital Management2023-12-31
1.4 M
Citadel Advisors Llc2023-09-30
1.3 M
Capital Research Global Investors2023-12-31
9.3 M
Vanguard Group Inc2023-12-31
9.3 M
View Grocery Outlet Diagnostics

Grocery Outlet Historical Income Statement

Grocery Outlet Holding Income Statement is one of the three primary financial statements used for reporting Grocery's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Grocery Outlet Holding revenue and expense. Grocery Outlet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Grocery Outlet's Tax Provision is very stable compared to the past year. As of the 28th of March 2024, Interest Income is likely to grow to about 6.8 M, while Net Interest Income is likely to drop (21.5 M). View More Fundamentals

Grocery Stock Against Markets

Picking the right benchmark for Grocery Outlet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grocery Outlet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grocery Outlet is critical whether you are bullish or bearish towards Grocery Outlet Holding at a given time. Please also check how Grocery Outlet's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Grocery Outlet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Grocery Outlet Corporate Management

Elected by the shareholders, the Grocery Outlet's board of directors comprises two types of representatives: Grocery Outlet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grocery. The board's role is to monitor Grocery Outlet's management team and ensure that shareholders' interests are well served. Grocery Outlet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Grocery Outlet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arvind BhatiaVice RelationsProfile
Arvind CFAVice RelationsProfile
Pamela BurkeChief VPProfile
Harrison LewisSenior OfficerProfile
Andrea BortnerExecutive OfficerProfile
Alejandro CorreaSenior OfficerProfile

How to buy Grocery Stock?

Before investing in Grocery Outlet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Grocery Outlet. To buy Grocery Outlet stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grocery Outlet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Grocery Outlet stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Grocery Outlet Holding stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Grocery Outlet Holding stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Grocery Outlet Holding, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Grocery Stock please use our How to Invest in Grocery Outlet guide.

Already Invested in Grocery Outlet Holding?

The danger of trading Grocery Outlet Holding is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grocery Outlet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grocery Outlet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grocery Outlet Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Grocery Outlet Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grocery Outlet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grocery Outlet Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grocery Outlet Holding Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grocery Outlet Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Grocery Outlet's price analysis, check to measure Grocery Outlet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grocery Outlet is operating at the current time. Most of Grocery Outlet's value examination focuses on studying past and present price action to predict the probability of Grocery Outlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grocery Outlet's price. Additionally, you may evaluate how the addition of Grocery Outlet to your portfolios can decrease your overall portfolio volatility.
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Is Grocery Outlet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grocery Outlet. If investors know Grocery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Earnings Share
0.79
Revenue Per Share
40.214
Quarterly Revenue Growth
0.063
Return On Assets
0.0274
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.