Grocery Outlet Holding Corp (NASDAQ: GO) kicked off on Tuesday, up 1.24% from the previous trading day, before settling in for the closing price of $19.35. Over the past 52 weeks, GO has traded in a range of $13.60-$29.80.
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A company in the Consumer Defensive sector has jumped its sales by 11.94% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -26.64%. With a float of $92.75 million, this company’s outstanding shares have now reached $98.64 million.
In an organization with 997 employees, it is important to assess its efficiency. 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 and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Grocery Stores Industry. The insider ownership of Grocery Outlet Holding Corp is 4.52%, 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.64% 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
Take a look at Grocery Outlet Holding Corp’s (GO) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.
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 0.95 in one year’s time.
Technical Analysis of Grocery Outlet Holding Corp (GO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was inferior than the volume of 1.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.03%. Additionally, its Average True Range was 0.89.
During the past 100 days, Grocery Outlet Holding Corp’s (GO) raw stochastic average was set at 74.23%, which indicates a significant increase from 44.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.34% in the past 14 days, which was lower than the 57.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.57, while its 200-day Moving Average is $21.03. However, in the short run, Grocery Outlet Holding Corp’s stock first resistance to watch stands at $20.04. Second resistance stands at $20.49. The third major resistance level sits at $21.01. If the price goes on to break the first support level at $19.07, it is likely to go to the next support level at $18.55. The third support level lies at $18.10 if the price breaches the second support level.
Grocery Outlet Holding Corp (NASDAQ: GO) Key Stats
The company with the Market Capitalisation of 1.90 billion has total of 97,136K Shares Outstanding. Its annual sales at the moment are 3,969 M in contrast with the sum of 79,440 K annual income. Company’s last quarter sales were recorded 1,108 M and last quarter income was 24,180 K.
