Grocery Outlet Holding Corp.: Don’t Ignore this Blaring Warning Signal


Grocery Outlet Holding Corp. kicked off the trading day on 08/14/19 with a price increase of 5.05%, equivalent to $1.9 relative change for the day. Taking a more long-term approach, GO had a 52-week range of $27.75 to $39.56. At the time of this article’s publishing, this stock is trading at $39.50 after starting the trading session at $41.10.

Currently, this company’s share volume is sitting at $3,585,289, but has maintained average daily volume of $871.12K. This stock has generated an average Year to Date volume of $613105, alongside an average 20-day volume of $517760. This publicly-traded company’s shares outstanding now amounts to $85.66 million, simultaneously with a float of $21.71 million. The organization now has a market capitalization sitting at $3.38 billion.

Grocery Outlet Holding Corp.(GO) Ownership Data

If we take a glance at the Ownership summary of Grocery Outlet Holding Corp.’s stock, 38 Institutional holders make up 04.80% of its total stock ownership. All together, they are the legal holders of 4,240,711 shares, which are valued at about $159,450,734 in total. If we focus on the top 3 stockholders for this publicly-traded organization, FMR LLC owns 874918 shares, with JPMORGAN CHASE & CO in 2nd place owning 792451 shares and WASATCH ADVISORS INC in third place with total ownership of 642068 shares.

Grocery Outlet Holding Corp. (GO) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Jun-19, the organization reported $0.20 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.13) by $0.07.

This company achieved a net margin of 0.69 while generating a return on equity of 4.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

Grocery Outlet Holding Corp.’s EPS decrease for this current 12-month fiscal period is -23.00%, and is forecasted to reach 32.66% in the upcoming year.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Grocery Outlet Holding Corp., this organization’s Quick Ratio in the last reported quarter now stands at 0.20. The company has managed to achieve an average true range (ATR) of 1.71. Alongside those, its PE Ratio stands at $239.39.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.44 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 8.87, whereas its price to cash per share for the last quarter landed at 0.23.

In the same vein, GO’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 0.17, a figure that is expected to reach 0.13 in the next reported quarter, and analysts expect it will be 32.66% at the market close of one year from today’s date.