Grocery Outlet Holding Corp

Company Profile

Grocery Outlet Holding Corp had its IPO on 2019-06-20 under the ticker symbol GO.

The company operates in the Consumer Defensive sector and Grocery Stores industry. Grocery Outlet Holding Corp has a staff strength of 864 employees.

Stock update

Shares of Grocery Outlet Holding Corp opened at $30.44 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.93 - $30.48, and closed at $30.11.

This is a -0.89% slip from the previous day's closing price.

A total volume of 750,254 shares were traded at the close of the day’s session.

In the last one week, shares of Grocery Outlet Holding Corp have slipped by -1.5%.

Grocery Outlet Holding Corp's Key Ratios

Grocery Outlet Holding Corp has a market cap of $3.02 billion, indicating a price to book ratio of 2.7347 and a price to sales ratio of 0.8409.

In the last 12-months Grocery Outlet Holding Corp’s revenue was $3.82 billion with a gross profit of $1.09 billion and an EBITDA of $199.45 million. The EBITDA ratio measures Grocery Outlet Holding Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Grocery Outlet Holding Corp’s operating margin was 3.08% while its return on assets stood at 2.67% with a return of equity of 6.44%.

In Q2, Grocery Outlet Holding Corp’s quarterly earnings growth was a positive 20% while revenue growth was a positive 12.5%.

Grocery Outlet Holding Corp’s PE and PEG Ratio

Forward PE

24.3309

Trailing PE

43.6714

PEG

Its diluted EPS in the last 12-months stands at $0.7 per share while it has a forward price to earnings multiple of 24.3309 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Grocery Outlet Holding Corp’s profitability.

Grocery Outlet Holding Corp stock is trading at a EV to sales ratio of 1.2471 and a EV to EBITDA ratio of 26.2354. Its price to sales ratio in the trailing 12-months stood at 0.8409.

Grocery Outlet Holding Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.82 billion

Total Liabilities

$321.01 million

Operating Cash Flow

$-37737000.00

Capital Expenditure

$37.50 million

Dividend Payout Ratio

0%

Grocery Outlet Holding Corp ended 2024 with $2.82 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.82 billion while shareholder equity stood at $1.16 billion.

Grocery Outlet Holding Corp ended 2024 with $0 in deferred long-term liabilities, $321.01 million in other current liabilities, 99000.00 in common stock, $300.72 million in retained earnings and $747.94 million in goodwill. Its cash balance stood at $87.57 million and cash and short-term investments were $87.57 million. The company’s total short-term debt was $66,678,000 while long-term debt stood at $290.66 million.

Grocery Outlet Holding Corp’s total current assets stands at $440.29 million while long-term investments were $24.86 million and short-term investments were $0. Its net receivables were $14.45 million compared to accounts payable of $147.22 million and inventory worth $320.34 million.

In 2024, Grocery Outlet Holding Corp's operating cash flow was $-37737000.00 while its capital expenditure stood at $37.50 million.

Comparatively, Grocery Outlet Holding Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$30.11

52-Week High

$37.565

52-Week Low

$25.71

Analyst Target Price

$35.54

Grocery Outlet Holding Corp stock is currently trading at $30.11 per share. It touched a 52-week high of $37.565 and a 52-week low of $37.565. Analysts tracking the stock have a 12-month average target price of $35.54.

Its 50-day moving average was $32.5 and 200-day moving average was $29.94 The short ratio stood at 5.97 indicating a short percent outstanding of 0%.

Around 842.6% of the company’s stock are held by insiders while 10451.6% are held by institutions.