Taking On Challenges And Growing? – Grocery Outlet Holding Corp (GO)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that Grocery Outlet Holding Corp. Announces CFO Transition and Reaffirms Fourth Quarter Outlook and Fiscal 2023 Guidance.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Grocery Stores industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $26.51 and fluctuated between $27.27 as its day high and $26.47 as its day low. The current market capitalization of Grocery Outlet Holding Corp is $2.63B. A total of 1.18 million shares were traded on the day, compared to an average of 1.07M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, GO has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 22,446 and the disposition of 24,446 shares. Over the last 12 months, there were 43 BUYs and 38 SELLs from insiders. Insiders purchased 1,589,205 shares during that period but sold 1,302,535.

In the most recent transaction, Herman Thomas F sold 2,000 shares of GO for 28.76 per share on Dec 15. After the transaction, the Director now owns 13,400 company shares. In a previous transaction on Nov 15, Herman Thomas F sold 2,000 shares at 29.74 per share. GO shares that Director owns now total 15,400.

Among the insiders who sold shares, Herman Thomas F disposed of 2,000 shares on Oct 16 at a per-share price of $27.69. This resulted in the Director holding 17,400 shares of GO after the transaction. In another insider transaction, Herman Thomas F sold 2,000 shares at $30.07 per share on Sep 15. Company shares held by the Director now total 19,400.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, GO has a high of $36.54 and a low of $25.71.

As of this writing, GO has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.2 per share and a lower estimate of $0.15. The company reported an EPS of $0.32 in the last quarter, which was 23.10% higher than expectations of $0.26.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GO is Buy with a score of 3.73.

Most Popular

Related Posts