Value Investing Philosophy And Grocery Outlet Holding Corp (NASDAQ: GO)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2023 Financial Results.

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Stocks Info

GO belongs to the Consumer Defensive sector of the NASDAQ while operating in the Grocery Stores industry. The current market capitalization of Grocery Outlet Holding Corp is $2.78B. A total of 1.99 million shares were traded on the day, compared to an average of 1.26M shares.

In the most recent transaction, Bortner Andrea Renee sold 8,300 shares of GO for 26.61 per share on Mar 18 ’24. After the transaction, the insider now owns 26,765 company shares. In a previous transaction on Mar 12 ’24, Lindberg Eric J. Jr. sold 64,000 shares at 26.75 per share. GO shares that Director owns now total 64,135.

Among the insiders who sold shares, Lindberg Eric J. Jr. disposed of 43,684 shares on Mar 11 ’24 at a per-share price of $26.45. This resulted in the Director holding 64,135 shares of GO after the transaction. In another insider transaction, Lindberg Eric J. Jr. sold 35,528 shares at $25.83 per share on Mar 08 ’24. Company shares held by the Director now total 64,135.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GO has a high of $36.54 and a low of $23.41.

As of this writing, GO has an earnings estimate of $0.18 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.23 per share and a lower estimate of $0.16. The company reported an EPS of $0.31 in the last quarter, which was 14.80% higher than expectations of $0.27.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. GO’s latest balance sheet shows that the firm has $140.09M in Cash & Short Term Investments as of fiscal 2021. There were $1.46B in debt and $237.91M in liabilities at the time. Its Book Value Per Share was $12.29, while its Total Shareholder’s Equity was $1.01B.

Analysts Opinion

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. 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 3.55.

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