Grocery Outlet (NASDAQ:GO) Issues FY 2025 Earnings Guidance

Grocery Outlet (NASDAQ:GO) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.780-0.780 for the period, compared to the consensus estimate of 0.750. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts have recently commented on GO shares. UBS Group reaffirmed a “neutral” rating and issued a $11.50 price objective on shares of Grocery Outlet in a report on Thursday, December 18th. Wells Fargo & Company cut their target price on shares of Grocery Outlet from $19.00 to $16.00 and set an “overweight” rating for the company in a report on Friday. Morgan Stanley decreased their target price on shares of Grocery Outlet from $15.00 to $14.00 and set an “equal weight” rating for the company in a research note on Thursday, December 4th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grocery Outlet in a report on Wednesday, October 8th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $17.00 target price on shares of Grocery Outlet in a research note on Wednesday, December 3rd. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Grocery Outlet presently has a consensus rating of “Hold” and an average target price of $14.86.

Grocery Outlet Stock Up 1.5%

GO stock opened at $10.20 on Wednesday. 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 has a 50-day moving average of $12.14 and a two-hundred day moving average of $14.28. Grocery Outlet has a 12 month low of $9.74 and a 12 month high of $19.41. The company has a market cap of $1.00 billion, a price-to-earnings ratio of -204.00, a PEG ratio of 1.60 and a beta of 0.47.

Grocery Outlet (NASDAQ:GO) last issued its 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 positive return on equity of 5.86% and a negative net margin of 0.10%.The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period in the previous year, the firm posted $0.28 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Grocery Outlet has set its FY 2025 guidance at 0.780-0.80 EPS. As a group, analysts forecast that Grocery Outlet will post 0.63 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Steven K. Wilson sold 25,000 shares of Grocery Outlet stock in a transaction on Friday, November 7th. The stock was sold at an average price of $12.53, for a total transaction of $313,250.00. Following the transaction, the executive vice president owned 116,923 shares in the company, valued at $1,465,045.19. The trade was a 17.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Grocery Outlet

A number of institutional investors have recently bought and sold shares of the company. Millennium Management LLC lifted its holdings in Grocery Outlet by 3,558.0% in the third quarter. Millennium Management LLC now owns 1,825,407 shares of the company’s stock valued at $29,298,000 after acquiring an additional 1,775,505 shares during the last quarter. Boston Partners raised its position in Grocery Outlet by 219.7% in the third quarter. Boston Partners now owns 1,462,633 shares of the company’s stock valued at $23,475,000 after purchasing an additional 1,005,126 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Grocery Outlet in the 2nd quarter valued at $7,674,000. BNP Paribas Financial Markets grew its holdings in shares of Grocery Outlet by 375.2% during the 2nd quarter. BNP Paribas Financial Markets now owns 669,130 shares of the company’s stock worth $8,311,000 after purchasing an additional 528,322 shares during the period. Finally, UBS Group AG grew its holdings in shares of Grocery Outlet by 53.8% during the 3rd quarter. UBS Group AG now owns 1,453,440 shares of the company’s stock worth $23,328,000 after purchasing an additional 508,363 shares during the period. 99.87% of the stock is owned by hedge funds and other institutional investors.

About Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.