Grocery Outlet (NASDAQ:GO) Reaches New 52-Week High – Time to Buy?

Posted by Brenda Bartman on Nov 10th, 2026

Grocery Outlet Holding Corp. (NASDAQ:GO – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $14.02 and last traded at $14.0310, with a volume of 1,007,644 shares changing hands. The stock had previously closed at $13.87.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Morgan Stanley lifted their price objective on shares of Grocery Outlet from $7.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Telsey Advisory Group restated a “market perform” rating on shares of Grocery Outlet in a research note on Thursday, August 13th. UBS Group lifted their target price on shares of Grocery Outlet from $10.00 to $11.50 and gave the stock a “neutral” rating in a report on Monday, August 17th. Bank of America raised shares of Grocery Outlet from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.50 to $15.00 in a report on Wednesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $9.00 price target on shares of Grocery Outlet in a research note on Thursday, August 13th. One analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $10.50.

Read Our Latest Stock Analysis on Grocery Outlet

Grocery Outlet Stock Performance

The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of -3.66, a PEG ratio of 9.52 and a beta of 0.64. The company has a fifty day moving average of $12.17 and a two-hundred day moving average of $9.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.30 and a current ratio of 1.29.

Grocery Outlet (NASDAQ:GO – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.07. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. Grocery Outlet had a positive return on equity of 5.84% and a negative net margin of 8.04%. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 EPS. As a group, equities research analysts predict that Grocery Outlet Holding Corp. will post 0.42 earnings per share for the current fiscal year.

Insider Transactions at Grocery Outlet

In other Grocery Outlet news, Director Carey Jaros purchased 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were acquired at an average cost of $11.70 per share, for a total transaction of $175,500.00. Following the completion of the purchase, the director owned 60,000 shares of the company’s stock, valued at approximately $702,000. The trade was a 33.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Paul Miller purchased 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was acquired at an average price of $10.90 per share, for a total transaction of $87,200.00. Following the completion of the purchase, the insider directly owned 72,171 shares of the company’s stock, valued at $786,663.90. This represents a 12.47% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Edgestream Partners L.P. bought a new position in Grocery Outlet in the third quarter valued at approximately $387,000. Intech Investment Management LLC raised its position in Grocery Outlet by 23.2% during the third quarter. Intech Investment Management LLC now owns 23,431 shares of the company’s stock valued at $264,000 after purchasing an additional 4,417 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Grocery Outlet by 5.0% during the third quarter. Russell Investments Group Ltd. now owns 56,809 shares of the company’s stock worth $639,000 after purchasing an additional 2,682 shares during the last quarter. Maryland State Retirement & Pension System lifted its stake in Grocery Outlet by 54.7% during the third quarter. Maryland State Retirement & Pension System now owns 22,102 shares of the company’s stock worth $249,000 after purchasing an additional 7,818 shares during the last quarter. Finally, Fulcrum Asset Management LLP boosted its holdings in shares of Grocery Outlet by 3,509.1% in the 3rd quarter. Fulcrum Asset Management LLP now owns 11,838 shares of the company’s stock valued at $130,000 after purchasing an additional 11,510 shares in the last quarter. 99.87% of the stock is owned by institutional investors.

Grocery Outlet Company Profile

(Get Free Report)

Grocery Outlet Holding Corp. operates Grocery Outlet Bargain Market, a discount grocery chain offering brand-name products and private-label items at value-oriented prices. Its stores carry a range of goods, including groceries, fresh produce, meat, dairy, frozen foods and household products. The company uses opportunistic buying to source products, which can result in changing assortments and limited-time deals. Founded in 1946 by Jim Read, Grocery Outlet has grown from a California-based business into a retailer serving communities across the western United States and parts of the East Coast.