GO - Grocery Outlet Holding Corp Stock Price, Fair Value and News

20.87USD-5.03 (-19.42%)Market Closed

Market Summary

USD20.87-5.03

Market Closed

-19.42%

GO Stock Price

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GO RSI Chart

GO Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

32.22

Price/Sales (Trailing)

0.52

EV/EBITDA

12.85

Price/Free Cashflow

50.47

GO Price/Sales (Trailing)

GO Profitability

EBT Margin

1.98%

Return on Equity

5.28%

Return on Assets

2.17%

Free Cashflow Yield

1.98%

GO Fundamentals

GO Revenue

Revenue (TTM)

4.0B

Rev. Growth (Yr)

7.4%

Rev. Growth (Qtr)

4.76%

GO Earnings

Earnings (TTM)

64.7M

Earnings Growth (Yr)

-107.47%

Earnings Growth (Qtr)

-107.27%

Breaking Down GO Revenue

Last 7 days

-18.3%

Last 30 days

-22.7%

Last 90 days

-17.0%

Trailing 12 Months

-30.7%

How does GO drawdown profile look like?

GO Financial Health

Current Ratio

1.25

Debt/Equity

0.23

Debt/Cashflow

0.78

GO Investor Care

Shares Dilution (1Y)

1.60%

Diluted EPS (TTM)

0.64

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.0B	0	0	0
2023	3.7B	3.8B	3.9B	4.0B
2022	3.2B	3.3B	3.4B	3.6B
2021	3.1B	3.1B	3.1B	3.1B
2020	2.7B	2.9B	3.0B	3.1B
2019	2.3B	2.4B	2.5B	2.6B
2018	2.1B	2.2B	2.2B	2.3B
2017	0	0	0	2.1B
2016	0	0	0	1.8B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Grocery Outlet Holding Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 27, 2024	herman thomas f	sold	-29,000	29.00	-1,000	-
Mar 22, 2024	wilson steven k.	sold	-202,044	28.25	-7,152	evp, chief purchasing officer
Mar 22, 2024	ragatz erik d.	bought	1,031,020	28.247	36,500	-
Mar 21, 2024	wilson steven k.	sold	-427,500	28.5	-15,000	evp, chief purchasing officer
Mar 20, 2024	wilson steven k.	sold	-842,100	28.07	-30,000	evp, chief purchasing officer
Mar 19, 2024	wilson steven k.	acquired	209,948	6.5574	32,017	evp, chief purchasing officer
Mar 19, 2024	wilson steven k.	sold	-887,975	27.7345	-32,017	evp, chief purchasing officer
Mar 18, 2024	bortner andrea renee	sold	-220,863	26.61	-8,300	see remarks
Mar 15, 2024	bortner andrea renee	gifted	-	-	8,721	see remarks
Mar 15, 2024	bortner andrea renee	gifted	-	-	-8,721	see remarks

Which funds bought or sold GO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Swiss National Bank	added	0.65	371,054	5,355,960	-%
May 07, 2024	Headlands Technologies LLC	sold off	-100	-130,621	-	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-28.26	-5,296,140	17,317,700	0.03%
May 07, 2024	12 West Capital Management LP	added	383	84,107,500	104,328,000	9.41%
May 07, 2024	Arizona State Retirement System	reduced	-1.2	38,649	745,891	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	65.59	5,035,640	11,595,200	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-12.47	-111,000	1,585,000	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-594,000	-	-%
May 06, 2024	HighTower Advisors, LLC	new	-	221,000	221,000	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	new	-	368,355	368,355	-%

Are Funds Buying or Selling GO?

Are funds buying GO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GO

No. of Funds

Unveiling Grocery Outlet Holding Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	5.2%	5,166,477	SC 13G/A
Feb 13, 2024	vanguard group inc	9.34%	9,273,020	SC 13G/A
Feb 12, 2024	parnassus investments, llc	0.00%	0	SC 13G/A
Feb 09, 2024	jackson square partners, llc	4.46%	4,423,704	SC 13G/A
Feb 09, 2024	capital research global investors	9.4%	9,342,414	SC 13G/A
Jan 25, 2024	blackrock inc.	8.9%	8,804,831	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	5.6%	5,445,064	SC 13G
Feb 13, 2023	lindberg eric j. jr.	4.4%	4,368,050	SC 13G/A
Feb 13, 2023	capital research global investors	8.9%	8,619,895	SC 13G/A
Feb 13, 2023	capital world investors	1.0%	938,667	SC 13G/A

Recent SEC filings of Grocery Outlet Holding Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 19, 2024	ARS	ARS
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	DEFA14A	DEFA14A
Apr 02, 2024	8-K	Current Report
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 27, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading

Peers (Alternatives to Grocery Outlet Holding Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADM	30.7B	91.7B	-1.84%	-17.33%	10.08	0.33	-10.07%	-31.73%
BG	15.3B	61.3B	-1.06%	18.02%	7.7	0.25	-8.91%	30.43%
CAG	14.7B	12.1B	-1.44%	-18.46%	15.48	1.22	-0.78%	18.26%
CPB	13.4B	9.3B	2.95%	-17.56%	17.52	1.45	1.02%	-5.78%
ACI	12.0B	79.2B	-1.00%	1.12%	9.24	0.15	2.05%	-14.37%
MID-CAP
BRBR	7.6B	1.8B	0.59%	61.23%	39.57	4.11	23.06%	29.48%
FRPT	5.8B	823.2M	2.63%	73.96%	590.65	7.01	30.53%	114.65%
FLO	5.3B	5.1B	8.79%	-13.04%	42.88	1.04	5.93%	-45.96%
CALM	2.8B	2.4B	-8.85%	22.86%	10.14	1.18	-22.17%	-63.60%
CENT	2.8B	3.3B	0.97%	43.58%	20.72	0.84	0.37%	-0.15%
SMALL-CAP
ANDE	1.8B	13.6B	-11.44%	40.65%	14.41	0.13	-21.14%	9.65%
BGS	913.0M	2.0B	5.19%	-21.90%	-8.31	0.45	-5.45%	-247.51%
BYND	530.4M	343.4M	11.11%	-33.01%	-1.57	1.54	-18.04%	7.65%
ALCO	205.0M	103.1M	-7.28%	15.31%	5.14	1.99	56.46%	236.17%
AQB	7.0M	2.5M	-5.73%	241.51%	-0.25	2.82	-21.18%	-24.37%

Grocery Outlet Holding Corp News

Latest updates

Grocery Outlet Holding Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.8%	1,037	990	1,004	1,010	965	931	918	898	831	783	769	776	752	807	764	803	760	656	653	645	606
Gross Profit	1.7%	304	299	316	327	301	281	281	279	251	242	237	238	232	244	238	254	237	200	201	199	187
Operating Expenses	-	-	-	-	-	-	257	256	253	231	227	211	214	208	217	208	221	220	183	177	193	165
S&GA Expenses	8.4%	303	280	278	290	268	257	256	253	231	287	192	193	189	198	190	198	187	168	161	158	153
EBITDA Margin	-13.4%	0.04*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*	0.05*	0.05*	0.05*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Income Taxes	-147.1%	-1.59	3.00	6.00	7.00	8.00	2.00	2.00	2.00	4.00	5.00	5.00	4.00	1.00	-0.54	-14.99	-2.24	-1.80	0.00	4.00	-4.25	1.00
Earnings Before Taxes	-115.0%	-2.61	17.00	33.00	32.00	22.00	18.00	20.00	22.00	16.00	12.00	22.00	24.00	20.00	24.00	25.00	27.00	11.00	10.00	16.00	-14.88	5.00
EBT Margin	-24.6%	0.02*	0.03*	0.03*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.03*	0.03*	0.03*	-	-	-	-	-	-	-	-	-
Net Income	-107.3%	-1.02	14.00	27.00	24.00	14.00	16.00	17.00	20.00	12.00	7.00	17.00	20.00	19.00	24.00	40.00	29.00	13.00	10.00	12.00	-10.63	4.00
Net Income Margin	-20.0%	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.02*	0.03*	0.03*	-	-	-	-	-	-	-	-	-
Free Cashflow	-33.2%	-38.42	-28.84	72.00	36.00	55.00	1.00	28.00	22.00	4.00	-9.99	31.00	31.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	2,975	2,970	2,929	2,823	2,770	2,772	2,751	2,693	2,707	2,670	2,618	2,566	2,499	2,486	2,394	2,324	2,319	2,186	2,135	2,082	1,729
Current Assets	-7.4%	478	517	514	440	427	467	469	429	461	443	430	402	365	382	345	335	373	271	278	248	-
Cash Equivalents	-41.8%	67.00	115	156	88.00	82.00	103	107	84.00	138	140	156	127	95.00	105	59.00	80.00	161	28.00	44.00	19.00	20.00
Net PPE	5.9%	681	642	627	592	574	561	538	522	510	499	485	471	458	434	399	378	366	357	340	322	-
Goodwill	0%	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	748	-
Liabilities	0.0%	1,750	1,750	1,726	1,658	1,642	1,662	1,666	1,637	1,683	1,661	1,624	1,592	1,551	1,563	1,505	1,491	1,534	1,440	1,404	1,365	1,221
Current Liabilities	-0.5%	382	384	384	321	301	281	287	260	242	238	228	214	197	233	196	208	192	209	206	176	-
Long Term Debt	-0.6%	285	287	289	291	317	380	379	379	452	451	451	450	450	449	449	448	537	448	462	462	-
LT Debt, Current	0%	6.00	6.00	6.00	6.00	6.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	287	-	-	-	380	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	0.4%	1,225	1,219	1,203	1,165	1,128	1,110	1,085	1,057	1,024	1,009	994	974	948	922	889	833	785	745	731	717	304
Retained Earnings	-0.3%	341	342	328	301	276	263	247	229	209	197	191	174	154	135	111	70.00	41.00	28.00	18.00	5.00	-
Additional Paid-In Capital	0.7%	884	877	875	864	851	848	839	827	815	812	803	800	794	787	778	763	743	717	713	711	-
Shares Outstanding	0.9%	100	99.00	99.00	99.00	98.00	98.00	97.00	96.00	96.00	96.00	96.00	96.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,900	-	-	-	3,900	-	-	-	3,000	-	-	-	3,300	-	-	-	809	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-71.2%	7,841	27,229	119,098	69,488	87,632	45,651	55,133	48,398	36,329	23,822	56,626	58,726	26,413	81,976	9,205	22,236	67,820	28,345	64,772	17,478	22,240
Share Based Compensation	46.0%	8,142	5,575	7,535	11,305	6,676	8,193	9,084	9,484	5,795	7,564	1,902	4,210	3,939	3,775	3,857	10,175	20,277	5,586	2,892	22,750	211
Cashflow From Investing	19.4%	-50,887	-63,135	-52,946	-37,737	-40,347	-50,704	-33,849	-29,856	-35,522	-40,430	-28,064	-29,055	-39,164	-40,879	-40,737	-22,377	-29,793	-28,086	-35,410	-24,526	-19,997
Cashflow From Financing	-6.0%	-5,056	-4,770	1,941	-26,296	-67,898	504	1,733	-72,278	-2,896	717	791	1,660	2,717	5,147	10,811	-80,992	94,808	-16,178	-4,019	6,129	-3,710
Dividend Payments	-100.0%	-	6.00	-	9.00	-	72.00	-	26.00	7.00	50.00	39.00	92.00	5.00	29.00	161	97.00	147	3,266	42.00	83.00	254
Buy Backs	102.4%	5,300	2,618	-	-	3,275	-	-	-	3,451	-	-	-	-	-	-	-	-	-	-	-	-

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GO Income Statement

2023-12-30

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 30, 2023	Dec. 31, 2022	Jan. 01, 2022
Statement of Comprehensive Income [Abstract]
Net sales	$ 3,969,453	$ 3,578,101	$ 3,079,582
Cost of sales	2,727,774	2,486,002	2,130,796
Gross profit	1,241,679	1,092,099	948,786
Selling, general and administrative expenses	1,115,897	997,109	859,691
Operating income	125,782	94,990	89,095
Other expenses (income):
Interest expense, net	16,361	17,967	15,564
Gain on insurance recoveries	0	0	(3,970)
Loss on debt extinguishment and modification	5,340	1,274	0
Total other expenses (income)	21,701	19,241	11,594
Income before income taxes	104,081	75,749	77,501
Income tax expense	24,644	10,697	15,191
Net income	79,437	65,052	62,310
Comprehensive income	$ 79,437	$ 65,052	$ 62,310
Basic earnings per share (in usd per share)	$ 0.80	$ 0.67	$ 0.65
Diluted earnings per share (in usd per share)	$ 0.79	$ 0.65	$ 0.63
Weighted average shares outstanding:
Basic (in shares)	98,709	96,812	95,725
Diluted (in shares)	100,831	100,162	99,418

GO Balance Sheet

2023-12-30

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 114,987	$ 102,728
Independent operator receivables and current portion of independent operator notes, net of allowance $5,092 and $2,238	14,943	10,805
Other accounts receivable, net of allowance $2 and $7	4,185	4,368
Merchandise inventories	349,993	334,319
Prepaid expenses and other current assets	32,443	15,137
Total current assets	516,551	467,357
Independent operator notes and receivables, net of allowance $11,059 and $12,509	28,134	22,535
Property and equipment, net	642,462	560,746
Operating lease right-of-use assets	945,710	902,163
Intangible assets, net	78,556	63,993
Goodwill	747,943	747,943
Other assets	10,230	7,667
Total assets	2,969,586	2,772,404
Current liabilities:
Trade accounts payable	209,354	137,631
Accrued and other current liabilities	66,655	53,213
Accrued compensation	24,749	27,194
Current portion of long-term debt	5,625	0
Current lease liabilities	63,774	54,586
Income and other taxes payable	13,808	7,890
Total current liabilities	383,965	280,514
Long-term debt, net	287,107	379,650
Deferred income tax liabilities, net	38,601	19,782
Long-term lease liabilities	1,038,307	980,759
Other long-term liabilities	2,267	1,485
Total liabilities	1,750,247	1,662,190
Commitments and contingencies (NOTE 12)
Stockholders' equity:
Common stock, par value $0.001 per share, 500,000,000 shares authorized; 99,223,863 and 97,674,356 shares issued and outstanding, respectively	99	98
Series A Preferred stock, par value $0.001 per share, 50,000,000 shares authorized; no shares issued and outstanding	0	0
Additional paid-in capital	877,276	847,589
Retained earnings	341,964	262,527
Total stockholders' equity	1,219,339	1,110,214
Total liabilities and stockholders' equity	$ 2,969,586	$ 2,772,404

About Grocery Outlet Holding Corp

Grocery Outlet Holding Corp. engages in ownership and operation of a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. Grocery Outlet Holding Corp. was founded in 1946 and is headquartered in Emeryville, California.

CEO	Mr. Robert Joseph Sheedy Jr.
WEBSITE	groceryoutlet.com
INDUSTRY	Packaged Foods
EMPLOYEES	864

Grocery Outlet Holding Corp Frequently Asked Questions

What is the ticker symbol for Grocery Outlet Holding Corp? What does GO stand for in stocks?

GO is the stock ticker symbol of Grocery Outlet Holding Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Grocery Outlet Holding Corp (GO)?

As of Wed May 08 2024, market cap of Grocery Outlet Holding Corp is 2.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GO stock?

You can check GO's fair value in chart for subscribers.

What is the fair value of GO stock?

You can check GO's fair value in chart for subscribers. The fair value of Grocery Outlet Holding Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Grocery Outlet Holding Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Grocery Outlet Holding Corp a good stock to buy?

The fair value guage provides a quick view whether GO is over valued or under valued. Whether Grocery Outlet Holding Corp is cheap or expensive depends on the assumptions which impact Grocery Outlet Holding Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GO.

What is Grocery Outlet Holding Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, GO's PE ratio (Price to Earnings) is 26.07 and Price to Sales (PS) ratio is 0.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GO PE ratio will change depending on the future growth rate expectations of investors.