Grocery Outlet Holding Corp (NASDAQ: GO) on Friday, plunged -1.18% from the previous trading day, before settling in for the closing price of $21.25. Within the past 52 weeks, GO’s price has moved between $13.60 and $29.80.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 11.94%. The company achieved an average annual earnings per share of -25.88%. With a float of $92.70 million, this company’s outstanding shares have now reached $99.22 million.
Considering the fact that the conglomerate employs 997 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 30.42%, operating margin of 2.01%, and the pretax margin is 1.62%.
Grocery Outlet Holding Corp (GO) Insider Activity
Observing investor behavior towards Grocery Stores industry stocks is more important than anything else. The insider ownership of Grocery Outlet Holding Corp is 4.57%, while institutional ownership is 104.92%. The most recent insider transaction that took place on Nov 15 ’24, was worth 2,007,500. In this transaction Director of this company bought 110,000 shares at a rate of $18.25, taking the stock ownership to the 539,785 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Former Officer and Director proposed sale 11,537 for $19.26, making the entire transaction worth $222,207.
Grocery Outlet Holding Corp (GO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -25.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.39% during the next five years compared to 34.39% growth over the previous five years of trading.
Grocery Outlet Holding Corp (NASDAQ: GO) Trading Performance Indicators
Grocery Outlet Holding Corp (GO) is currently performing well based on its current performance indicators. A quick ratio of 0.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.51, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Grocery Outlet Holding Corp (GO)
Compared to the last year’s volume of 1.86 million, its volume of 2.18 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.89%. Additionally, its Average True Range was 0.95.
During the past 100 days, Grocery Outlet Holding Corp’s (GO) raw stochastic average was set at 89.91%, which indicates a significant increase from 83.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.16% in the past 14 days, which was lower than the 56.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.18, while its 200-day Moving Average is $21.26. Nevertheless, the first resistance level for the watch stands at $21.52 in the near term. At $22.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $22.51. If the price goes on to break the first support level at $20.53, it is likely to go to the next support level at $20.05. Should the price break the second support level, the third support level stands at $19.54.
Grocery Outlet Holding Corp (NASDAQ: GO) Key Stats
Market capitalization of the company is 2.02 billion based on 97,136K outstanding shares. Right now, sales total 3,969 M and income totals 79,440 K. The company made 1,108 M in profit during its latest quarter, and 24,180 K in sales during its previous quarter.
