Analysts Set Expectations for Grocery Outlet Q1 Earnings

Grocery Outlet Holding Corp. (NASDAQ:GO) – Stock analysts at Telsey Advisory Group cut their Q1 2025 earnings per share (EPS) estimates for Grocery Outlet in a report released on Wednesday, February 26th. Telsey Advisory Group analyst J. Feldman now expects that the company will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.10. Telsey Advisory Group currently has a “Market Perform” rating and a $16.00 target price on the stock. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share. Telsey Advisory Group also issued estimates for Grocery Outlet’s Q2 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.57 EPS and FY2026 earnings at $0.68 EPS.

GO has been the topic of a number of other research reports. Bank of America decreased their target price on shares of Grocery Outlet from $20.00 to $17.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 26th. Roth Mkm lowered their price objective on Grocery Outlet from $20.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday, November 6th. Craig Hallum reduced their target price on Grocery Outlet from $20.00 to $17.00 and set a “hold” rating on the stock in a research report on Wednesday, November 6th. Wells Fargo & Company decreased their price target on Grocery Outlet from $23.00 to $18.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Finally, Morgan Stanley dropped their price objective on shares of Grocery Outlet from $13.00 to $10.00 and set an “underperform” rating for the company in a research note on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $15.25.

Grocery Outlet Trading Down 4.5 %

Shares of GO stock opened at $11.33 on Monday. Grocery Outlet has a twelve month low of $10.26 and a twelve month high of $29.13. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 22.22, a PEG ratio of 9.08 and a beta of 0.32. The firm has a 50-day moving average price of $15.86 and a 200 day moving average price of $16.97. The company has a current ratio of 1.46, a quick ratio of 0.33 and a debt-to-equity ratio of 0.34.

Hedge Funds Weigh In On Grocery Outlet

Several hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Grocery Outlet by 8.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 313,642 shares of the company’s stock worth $4,896,000 after purchasing an additional 23,606 shares during the period. Voloridge Investment Management LLC boosted its holdings in shares of Grocery Outlet by 28.8% in the fourth quarter. Voloridge Investment Management LLC now owns 1,239,352 shares of the company’s stock valued at $19,346,000 after acquiring an additional 277,489 shares in the last quarter. Twinbeech Capital LP acquired a new position in shares of Grocery Outlet during the fourth quarter valued at approximately $4,040,000. Two Sigma Advisers LP bought a new stake in Grocery Outlet during the fourth quarter worth approximately $1,033,000. Finally, Two Sigma Investments LP lifted its position in Grocery Outlet by 188.3% in the fourth quarter. Two Sigma Investments LP now owns 396,445 shares of the company’s stock worth $6,189,000 after purchasing an additional 258,913 shares during the period. 99.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Grocery Outlet

In other Grocery Outlet news, Director Erik D. Ragatz acquired 165,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The shares were purchased at an average price of $12.25 per share, for a total transaction of $2,021,250.00. Following the completion of the purchase, the director now directly owns 201,500 shares in the company, valued at $2,468,375. The trade was a 452.05 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kenneth W. Alterman bought 25,000 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was bought at an average price of $11.88 per share, with a total value of $297,000.00. Following the completion of the purchase, the director now owns 64,592 shares of the company’s stock, valued at $767,352.96. This trade represents a 63.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 200,000 shares of company stock worth $2,435,050 in the last ninety days. 4.50% of the stock is owned by insiders.

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.