FY2026 EPS Estimates for Grocery Outlet Cut by DA Davidson

Grocery Outlet Holding Corp. (NASDAQ:GO) – Equities researchers at DA Davidson dropped their FY2026 earnings per share (EPS) estimates for shares of Grocery Outlet in a research report issued to clients and investors on Wednesday, November 5th. DA Davidson analyst M. Baker now forecasts that the company will post earnings per share of $0.62 for the year, down from their prior forecast of $0.89. DA Davidson currently has a “Neutral” rating and a $15.00 target price on the stock. The consensus estimate for Grocery Outlet’s current full-year earnings is $0.63 per share.

Grocery Outlet (NASDAQ:GO) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. Grocery Outlet had a negative net margin of 0.10% and a positive return on equity of 5.86%. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 earnings per share. Grocery Outlet has set its FY 2025 guidance at 0.780-0.80 EPS.

Several other research analysts also recently commented on the stock. UBS Group dropped their target price on shares of Grocery Outlet from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday. Morgan Stanley raised Grocery Outlet from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $13.00 to $16.00 in a research report on Wednesday, August 6th. Bank of America cut their price objective on Grocery Outlet from $19.00 to $16.00 and set a “neutral” rating for the company in a research report on Wednesday. TD Cowen decreased their target price on Grocery Outlet from $18.00 to $16.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Grocery Outlet in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $15.73.

Grocery Outlet Stock Performance

GO opened at $12.15 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.25 and a current ratio of 1.30. The company has a market cap of $1.19 billion, a PE ratio of -243.00, a price-to-earnings-growth ratio of 2.02 and a beta of 0.33. The stock has a 50-day moving average of $15.82 and a 200-day moving average of $15.13. Grocery Outlet has a 52-week low of $10.26 and a 52-week high of $21.67.

Insider Transactions at Grocery Outlet

In other Grocery Outlet news, EVP Steven K. Wilson sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $18.24, for a total value of $91,200.00. Following the completion of the transaction, the executive vice president owned 141,923 shares of the company’s stock, valued at $2,588,675.52. This represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 4.50% of the stock is owned by corporate insiders.

Institutional Trading of Grocery Outlet

Several institutional investors have recently modified their holdings of GO. Parallel Advisors LLC raised its stake in shares of Grocery Outlet by 213.5% in the second quarter. Parallel Advisors LLC now owns 2,025 shares of the company’s stock valued at $25,000 after purchasing an additional 1,379 shares in the last quarter. Bayforest Capital Ltd bought a new stake in Grocery Outlet in the 3rd quarter valued at $29,000. Hantz Financial Services Inc. increased its holdings in Grocery Outlet by 591.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,033 shares of the company’s stock valued at $33,000 after buying an additional 1,739 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Grocery Outlet by 32.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,942 shares of the company’s stock valued at $37,000 after buying an additional 719 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Grocery Outlet by 64.2% during the 1st quarter. US Bancorp DE now owns 3,024 shares of the company’s stock worth $42,000 after acquiring an additional 1,182 shares during the period. Institutional investors and hedge funds own 99.87% 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.