Grocery Stock Today

GO
 Stock
  

USD 40.51  1.10  2.64%   

Market Performance
7 of 100
Odds Of Distress
Less than 36
Grocery Outlet is selling for 40.51 as of the 14th of August 2022. This is a -2.64 percent decrease since the beginning of the trading day. The stock's open price was 41.61. Grocery Outlet has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Grocery Outlet Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of July 2021 and ending today, the 14th of August 2022. Click here to learn more.
CUSIP
39874R101
Fiscal Year End
December
Business Domain
Food & Staples Retailing
IPO Date
20th of June 2019
Category
Consumer Defensive
Classification
Consumer Staples
ISIN
US39874R1014
Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company was founded in 1946 and is headquartered in Emeryville, California. Grocery Outlet operates under Grocery Stores classification in the United States and is traded on NASDAQ Exchange. The company has 96.02 M outstanding shares of which 7.49 M shares are currently sold short in the market by investors with about 6.21 days to cover all shorted shares. More on Grocery Outlet Holding

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Grocery Outlet Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Grocery Outlet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grocery Outlet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Grocery Outlet has a strong financial position based on the latest SEC filings
Latest headline from MacroaxisInsider: Exercise or conversion by Wilson Steven K of 5555 shares of Grocery Outlet subject to Rule 16b-3
Thematic IdeaRetail (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Grocery Outlet report their recommendations after researching Grocery Outlet's financial statements, talking to executives and customers, or listening in on Grocery Outlet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Grocery Outlet Holding. The Grocery consensus assessment is calculated by taking the average forecast from all of the analysts covering Grocery Outlet.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Grocery Outlet Holding based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Grocery Outlet Holding financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares86.3 M95.7 M
Moderately Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted88.3 M99.4 M
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations131.7 M165.6 M
Significantly Down
Decreasing
Slightly volatile
Total Assets2.1 B2.7 B
Significantly Down
Decreasing
Slightly volatile
Total Liabilities1.4 B1.7 B
Fairly Down
Decreasing
Slightly volatile
Current Assets359.5 M442.7 M
Significantly Down
Decreasing
Slightly volatile
Current Liabilities204.6 M237.9 M
Fairly Down
Decreasing
Slightly volatile
Total Debt1.2 B1.5 B
Fairly Down
Decreasing
Slightly volatile
Return on Average Assets0.01630.024
Way Down
Decreasing
Slightly volatile
Gross Margin0.320.308
Sufficiently Up
Increasing
Slightly volatile
Asset Turnover1.261.19
Notably Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Grocery Outlet's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Financial Strength
Grocery Outlet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Grocery Outlet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grocery Outlet's financial leverage. It provides some insight into what part of Grocery Outlet's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Grocery Outlet's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Grocery Outlet deploys its capital and how much of that capital is borrowed.
Grocery Outlet Holding (GO) is traded on NASDAQ Exchange in USA. It is located in 5650 Hollis Street, Emeryville, CA 94608, United States and employs 803 people. Grocery Outlet is listed under Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 4.04 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grocery Outlet's market, we take the total number of its shares issued and multiply it by Grocery Outlet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Grocery Outlet Holding is active under Consumer Defensive sector as part of Grocery Stores industry. The entity has 96.02 M outstanding shares of which 7.49 M shares are currently sold short in the market by investors with about 6.21 days to cover all shorted shares. Grocery Outlet Holding reports about 138 M in cash with 175.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.43.
Check Grocery Outlet Probability Of Bankruptcy
Ownership
Grocery Outlet Holding has a total of ninety-six million twenty thousand outstanding shares. The majority of Grocery Outlet Holding outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Grocery Outlet to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Grocery Outlet Holding. Please pay attention to any change in the institutional holdings of Grocery Outlet Holding as this could imply that something significant has changed or about to change at the company. Also note that almost fourteen million four hundred three thousand invesors are currently shorting Grocery Outlet expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Grocery Ownership Details

Grocery Stock Price Odds Analysis

What are Grocery Outlet's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Grocery Outlet jumping above the current price in 90 days from now is about 54.87%. The Grocery Outlet Holding probability density function shows the probability of Grocery Outlet stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Grocery Outlet has a beta of 0.2993. This usually indicates as returns on the market go up, Grocery Outlet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grocery Outlet Holding will be expected to be much smaller as well. Additionally, the company has an alpha of 0.4104, implying that it can generate a 0.41 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 40.51HorizonTargetOdds Above 40.51
44.96%90 days
 40.51 
54.87%
Based on a normal probability distribution, the odds of Grocery Outlet to move above the current price in 90 days from now is about 54.87 (This Grocery Outlet Holding probability density function shows the probability of Grocery Stock to fall within a particular range of prices over 90 days) .

Grocery Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Grocery Outlet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Grocery Outlet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Grocery Outlet's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares8.8 M374.5 M
Vanguard Group IncCommon Shares8.7 M369.4 M
View Grocery Outlet Diagnostics

Grocery Outlet Historical Income Statement

Grocery Outlet Holding Income Statement is one of the three primary financial statements used for reporting Grocery's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Grocery Outlet Holding revenue and expense. Grocery Outlet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Grocery Stock Against Markets

Picking the right benchmark for Grocery Outlet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grocery Outlet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grocery Outlet is critical whether you are bullish or bearish towards Grocery Outlet Holding at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Grocery Outlet without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Volatility Analysis

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Invested in Grocery Outlet Holding?

You need to understand the risk of investing before taking a position in Grocery Outlet. The danger of trading Grocery Outlet Holding is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grocery Outlet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grocery Outlet. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grocery Outlet Holding is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the Grocery Outlet Holding information on this page should be used as a complementary analysis to other Grocery Outlet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Grocery Outlet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grocery Outlet. If investors know Grocery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0209
Return On Equity
0.0546
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine Grocery Outlet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.