FY2026 EPS Estimate for Grocery Outlet Reduced by Analyst

Grocery Outlet Holding Corp. (NASDAQ:GO) – Analysts at DA Davidson decreased their FY2026 EPS estimates for Grocery Outlet in a research note issued on Wednesday, November 5th. DA Davidson analyst M. Baker now expects that the company will post earnings of $0.62 per share for the year, down from their previous estimate of $0.89. DA Davidson has a “Neutral” rating and a $15.00 price target on the stock. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share.

Grocery Outlet (NASDAQ:GO) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.02. Grocery Outlet had a negative net margin of 0.10% and a positive return on equity of 5.86%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same period last year, the firm earned $0.28 earnings per share. The company’s quarterly revenue was up 5.4% on a year-over-year basis. Grocery Outlet has set its FY 2025 guidance at 0.780-0.80 EPS.

Several other research firms also recently commented on GO. Craig Hallum raised Grocery Outlet from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Wednesday, August 6th. Bank of America dropped their price objective on shares of Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating for the company in a research note on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Grocery Outlet in a research note on Wednesday, October 8th. UBS Group dropped their price objective on Grocery Outlet from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Telsey Advisory Group lowered shares of Grocery Outlet from an “outperform” rating to a “market perform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $15.73.

Grocery Outlet Stock Performance

Grocery Outlet stock traded up $0.41 during trading on Friday, reaching $12.56. The company had a trading volume of 655,785 shares, compared to its average volume of 3,146,580. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -251.12, a price-to-earnings-growth ratio of 2.74 and a beta of 0.33. The company has a current ratio of 1.30, a quick ratio of 0.25 and a debt-to-equity ratio of 0.40. The firm’s 50-day simple moving average is $15.94 and its 200 day simple moving average is $15.16. Grocery Outlet has a 52 week low of $10.26 and a 52 week high of $21.67.

Hedge Funds Weigh In On Grocery Outlet

A number of institutional investors have recently added to or reduced their stakes in GO. PNC Financial Services Group Inc. grew its holdings in shares of Grocery Outlet by 32.3% in the second quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock valued at $37,000 after purchasing an additional 719 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Grocery Outlet by 1.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 72,087 shares of the company’s stock worth $895,000 after purchasing an additional 739 shares during the last quarter. Bank of Montreal Can increased its holdings in Grocery Outlet by 5.1% in the 2nd quarter. Bank of Montreal Can now owns 16,525 shares of the company’s stock valued at $205,000 after purchasing an additional 803 shares during the last quarter. Amalgamated Bank lifted its stake in Grocery Outlet by 3.5% during the third quarter. Amalgamated Bank now owns 28,875 shares of the company’s stock worth $463,000 after purchasing an additional 967 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of Grocery Outlet by 64.2% in the 1st quarter. US Bancorp DE now owns 3,024 shares of the company’s stock valued at $42,000 after buying an additional 1,182 shares during the period. Hedge funds and other institutional investors own 99.87% of the company’s stock.

Insider Buying and Selling

In related news, EVP Steven K. Wilson sold 5,000 shares of Grocery Outlet stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $18.24, for a total value of $91,200.00. Following the completion of the transaction, the executive vice president owned 141,923 shares in the company, valued at $2,588,675.52. The trade was a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 4.50% of the company’s stock.

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.