Zacks Research Lowers Earnings Estimates for Grocery Outlet

Grocery Outlet Holding Corp. (NASDAQ:GO) – Zacks Research dropped their Q1 2025 earnings per share estimates for shares of Grocery Outlet in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst S. Singh now forecasts that the company will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.09. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share. Zacks Research also issued estimates for Grocery Outlet’s Q2 2025 earnings at $0.18 EPS, FY2025 earnings at $0.57 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.27 EPS, Q4 2026 earnings at $0.13 EPS and FY2026 earnings at $0.63 EPS.

Other equities research analysts have also issued reports about the company. The Goldman Sachs Group cut their target price on Grocery Outlet from $14.00 to $11.00 and set a “sell” rating on the stock in a research report on Thursday, February 27th. Bank of America lowered their price target on Grocery Outlet from $20.00 to $17.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. Morgan Stanley lowered their price target on Grocery Outlet from $13.00 to $10.00 and set an “underperform” rating on the stock in a report on Wednesday, February 26th. Wells Fargo & Company lowered their price target on Grocery Outlet from $23.00 to $18.00 and set an “overweight” rating on the stock in a report on Wednesday, February 26th. Finally, Telsey Advisory Group lowered their price target on Grocery Outlet from $18.00 to $16.00 and set a “market perform” rating on the stock in a report on Wednesday, February 26th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $15.25.

Grocery Outlet Stock Down 3.5 %

Shares of Grocery Outlet stock opened at $11.99 on Friday. The stock’s fifty day moving average is $15.25 and its 200-day moving average is $16.59. The firm has a market capitalization of $1.17 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 9.08 and a beta of 0.36. The company has a quick ratio of 0.33, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. Grocery Outlet has a 12-month low of $10.26 and a 12-month high of $29.13.

Hedge Funds Weigh In On Grocery Outlet

Several large investors have recently made changes to their positions in the business. Barclays PLC raised its holdings in Grocery Outlet by 1,224.1% in the 3rd quarter. Barclays PLC now owns 300,393 shares of the company’s stock valued at $5,271,000 after acquiring an additional 277,706 shares in the last quarter. Jane Street Group LLC raised its holdings in Grocery Outlet by 357.7% in the 3rd quarter. Jane Street Group LLC now owns 519,542 shares of the company’s stock valued at $9,118,000 after acquiring an additional 406,039 shares in the last quarter. Choreo LLC acquired a new position in Grocery Outlet in the 4th quarter valued at approximately $245,000. Cerity Partners LLC raised its holdings in Grocery Outlet by 887.1% in the 3rd quarter. Cerity Partners LLC now owns 105,675 shares of the company’s stock valued at $1,855,000 after acquiring an additional 94,969 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Grocery Outlet in the 3rd quarter valued at approximately $511,000. Institutional investors and hedge funds own 99.87% of the company’s stock.

Insiders Place Their Bets

In other Grocery Outlet news, Director Erik D. Ragatz acquired 165,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of $12.25 per share, with a total value of $2,021,250.00. Following the transaction, the director now owns 201,500 shares of the company’s stock, valued at approximately $2,468,375. This trade represents a 452.05 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Christopher M. Miller acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of $11.68 per share, with a total value of $116,800.00. Following the transaction, the chief financial officer now directly owns 10,000 shares in the company, valued at $116,800. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 200,000 shares of company stock valued at $2,435,050 and sold 17,756 shares valued at $216,892. Insiders own 4.50% of the company’s stock.

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. operates as a retailer of consumables and fresh products sold through independently operated stores in the United States. Its stores offer products in various categories, such as dairy and deli, produce, floral, fresh meat, seafood products, grocery, general merchandise, health and beauty care, frozen food, beer and wine, and ethnic products.