Beyond The Numbers: 4 Analysts Discuss Grocery Outlet Holding Stock

4 analysts have expressed a variety of opinions on Grocery Outlet Holding GO over the past quarter, offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Insights from analysts' 12-month price targets are revealed, presenting an average target of $17.25, a high estimate of $18.00, and a low estimate of $16.00. This current average represents a 6.76% decrease from the previous average price target of $18.50.

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Grocery Outlet Holding among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Grocery Outlet Holding. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Grocery Outlet Holding compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Grocery Outlet Holding's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Grocery Outlet Holding's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

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Unveiling the Story Behind Grocery Outlet Holding

Grocery Outlet Holding Corp is a grocery store operator in the United States. Its flexible buying model allows them to offer quality, name-brand opportunistic products at prices generally 40% to 70% below those of conventional retailers. The stores are run by Entrepreneurial independent operators which create a neighborhood feel through personalized customer service and a localized product offering.

Financial Milestones: Grocery Outlet Holding's Journey

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Grocery Outlet Holding displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 10.39%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.

Net Margin: Grocery Outlet Holding's net margin excels beyond industry benchmarks, reaching 2.18%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Grocery Outlet Holding's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.98% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Grocery Outlet Holding's ROA stands out, surpassing industry averages. With an impressive ROA of 0.78%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Grocery Outlet Holding's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.29.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.