Key Points
- Grocery Outlet director Jeffrey York bought 120,000 shares on March 9 at $5.82 each, a transaction of about $698,400 that now leaves him owning those 120,000 shares.
- The company slightly missed quarterly expectations (EPS $0.19 vs. $0.21 expected; revenue $1.22B vs. $1.23B expected), reported a negative net margin of 4.8%, and set FY2026 EPS guidance of 0.45–0.55.
- Analysts have trimmed ratings and targets—MarketBeat shows an average rating of Reduce and an average price target of $10.68—while the stock trades near its 12‑month low ($5.66) with a market cap around $633 million.
Grocery Outlet Holding Corp. (NASDAQ:GO - Get Free Report) Director Carey Jaros purchased 40,000 shares of Grocery Outlet stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average price of $6.26 per share, for a total transaction of $250,400.00. Following the acquisition, the director owned 76,066 shares in the company, valued at $476,173.16. This trade represents a 110.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Grocery Outlet Trading Up 3.6%
Shares of Grocery Outlet stock traded up $0.23 during midday trading on Thursday, reaching $6.43. 398,682 shares of the company's stock traded hands, compared to its average volume of 3,155,847. The stock has a 50 day moving average of $9.41 and a 200-day moving average of $12.32. Grocery Outlet Holding Corp. has a 12 month low of $5.66 and a 12 month high of $19.41. The company has a market cap of $630.63 million, a PE ratio of -2.81, a price-to-earnings-growth ratio of 1.52 and a beta of 0.50. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.32 and a current ratio of 1.37.
Grocery Outlet (NASDAQ:GO - Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.93%. The business's revenue was up 10.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 EPS. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. As a group, equities analysts expect that Grocery Outlet Holding Corp. will post 0.63 EPS for the current fiscal year.
Analyst Ratings Changes
Several analysts have weighed in on the company. Telsey Advisory Group cut Grocery Outlet from an "outperform" rating to a "market perform" rating and cut their price objective for the company from $15.00 to $9.00 in a research report on Thursday, March 5th. Wells Fargo & Company lowered their price target on Grocery Outlet from $10.50 to $7.00 and set an "equal weight" rating on the stock in a report on Thursday, March 5th. Deutsche Bank Aktiengesellschaft set a $11.00 price objective on shares of Grocery Outlet in a research note on Thursday, January 8th. Weiss Ratings reiterated a "sell (d)" rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. Finally, TD Cowen reissued a "hold" rating on shares of Grocery Outlet in a research report on Thursday, March 5th. Eleven research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average target price of $10.68.
Check Out Our Latest Stock Analysis on GO
Institutional Trading of Grocery Outlet
Institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd lifted its stake in Grocery Outlet by 1,030.4% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,532 shares of the company's stock worth $26,000 after purchasing an additional 2,308 shares in the last quarter. Bayforest Capital Ltd purchased a new position in shares of Grocery Outlet during the third quarter valued at about $29,000. Hantz Financial Services Inc. grew its position in shares of Grocery Outlet by 591.5% during the third quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company's stock valued at $33,000 after purchasing an additional 1,739 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Grocery Outlet in the fourth quarter worth about $35,000. Finally, PNC Financial Services Group Inc. increased 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 worth $37,000 after purchasing an additional 719 shares during the last quarter. 99.87% of the stock is currently owned by institutional investors.
About Grocery Outlet
(
Get Free Report)
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.
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