Grocery Outlet Holding Stock Buy Hold or Sell Recommendation
GO Stock | USD 29.00 1.14 4.09% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Grocery Outlet Holding is 'Strong Hold'. Macroaxis provides Grocery Outlet buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GO positions. The advice algorithm takes into account all of Grocery Outlet's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Grocery Outlet's buy or sell advice are summarized below:
Real Value 31.53 | Target Price 35.33 | Hype Value 28.98 | Market Value 29 | Naive Value 29.54 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Grocery Outlet Holding given historical horizon and risk tolerance towards Grocery Outlet. When Macroaxis issues a 'buy' or 'sell' recommendation for Grocery Outlet Holding, the advice is generated through an automated system that utilizes algorithms and statistical models.
Grocery |
Execute Grocery Outlet Buy or Sell Advice
The Grocery recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Grocery Outlet Holding. Macroaxis does not own or have any residual interests in Grocery Outlet Holding or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Grocery Outlet's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Grocery Outlet Trading Alerts and Improvement Suggestions
Grocery Outlet has a poor financial position based on the latest SEC disclosures | |
Over 92.0% of the company shares are owned by institutional investors | |
Latest headline from zacks.com: Disposition of 1000 shares by Herman Thomas F of Grocery Outlet at 29.0 subject to Rule 16b-3 |
Grocery Outlet Returns Distribution Density
The distribution of Grocery Outlet's historical returns is an attempt to chart the uncertainty of Grocery Outlet's future price movements. The chart of the probability distribution of Grocery Outlet daily returns describes the distribution of returns around its average expected value. We use Grocery Outlet Holding price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Grocery Outlet returns is essential to provide solid investment advice for Grocery Outlet.
Mean Return | 0.11 | Value At Risk | -2.75 | Potential Upside | 2.33 | Standard Deviation | 1.59 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Grocery Outlet historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Grocery Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Grocery Outlet is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Grocery Outlet Holding backward and forwards among themselves. Grocery Outlet's institutional investor refers to the entity that pools money to purchase Grocery Outlet's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Neuberger Berman Group Llc | 2023-12-31 | 2.1 M | Jpmorgan Chase & Co | 2023-12-31 | 2 M | Hhg Plc | 2023-12-31 | 1.9 M | Geode Capital Management, Llc | 2023-12-31 | 1.6 M | Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | Federated Hermes Inc | 2023-12-31 | 1.5 M | Ranger Investment Management Lp | 2023-12-31 | 1.4 M | Geneva Capital Management | 2023-12-31 | 1.4 M | Citadel Advisors Llc | 2023-09-30 | 1.3 M | Capital Research Global Investors | 2023-12-31 | 9.3 M | Vanguard Group Inc | 2023-12-31 | 9.3 M |
Grocery Outlet Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | (21.1M) | (25.7M) | (30.3M) | (58.8M) | (15.7M) | (16.5M) | |
Investments | (108.0M) | (133.8M) | (136.7M) | (149.9M) | (181.7M) | (190.8M) | |
Change In Cash | 7.0M | 77.2M | 34.8M | (37.4M) | 12.3M | 15.0M | |
Net Borrowings | (415.7M) | (1.9M) | (1.2M) | (76.3M) | (68.6M) | (65.2M) | |
Free Cash Flow | 32.6M | 50.5M | 32.4M | 38.4M | 111.5M | 117.0M | |
Depreciation | 50.1M | 58.1M | 71.1M | 78.3M | 88.0M | 65.0M | |
Other Non Cash Items | 12.7M | 4.6M | 6.7M | 16.0M | 15.8M | 11.6M | |
Dividends Paid | 3.6M | 434K | 186K | 105K | 15K | 14.3K | |
Capital Expenditures | 100.3M | 130.8M | 133.2M | 147.1M | 192.0M | 124.9M | |
Net Income | 15.4M | 106.7M | 62.3M | 65.1M | 79.4M | 51.6M | |
End Period Cash Flow | 28.1M | 105.3M | 140.1M | 102.7M | 115.0M | 72.2M | |
Change To Netincome | 42.5M | 20.5M | 38.7M | 48.4M | 55.7M | 33.5M |
Grocery Outlet Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Grocery Outlet or Consumer Staples Distribution & Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Grocery Outlet's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Grocery stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.58 | |
σ | Overall volatility | 1.64 | |
Ir | Information ratio | -0.02 |
Grocery Outlet Volatility Alert
Grocery Outlet Holding has relatively low volatility with skewness of -0.2 and kurtosis of 0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Grocery Outlet's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Grocery Outlet's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Grocery Outlet Fundamentals Vs Peers
Comparing Grocery Outlet's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Grocery Outlet's direct or indirect competition across all of the common fundamentals between Grocery Outlet and the related equities. This way, we can detect undervalued stocks with similar characteristics as Grocery Outlet or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Grocery Outlet's fundamental indicators could also be used in its relative valuation, which is a method of valuing Grocery Outlet by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Grocery Outlet to competition |
Fundamentals | Grocery Outlet | Peer Average |
Return On Equity | 0.0682 | -0.31 |
Return On Asset | 0.0274 | -0.14 |
Profit Margin | 0.02 % | (1.27) % |
Operating Margin | 0.02 % | (5.51) % |
Current Valuation | 4.04 B | 16.62 B |
Shares Outstanding | 99.23 M | 571.82 M |
Shares Owned By Insiders | 8.43 % | 10.09 % |
Shares Owned By Institutions | 91.55 % | 39.21 % |
Number Of Shares Shorted | 6.43 M | 4.71 M |
Price To Earning | 54.12 X | 28.72 X |
Price To Book | 2.27 X | 9.51 X |
Price To Sales | 0.70 X | 11.42 X |
Revenue | 3.97 B | 9.43 B |
Gross Profit | 1.09 B | 27.38 B |
EBITDA | 214.22 M | 3.9 B |
Net Income | 79.44 M | 570.98 M |
Cash And Equivalents | 107.28 M | 2.7 B |
Cash Per Share | 1.10 X | 5.01 X |
Total Debt | 1.39 B | 5.32 B |
Debt To Equity | 1.30 % | 48.70 % |
Current Ratio | 1.63 X | 2.16 X |
Book Value Per Share | 12.29 X | 1.93 K |
Cash Flow From Operations | 303.45 M | 971.22 M |
Short Ratio | 4.58 X | 4.00 X |
Earnings Per Share | 0.79 X | 3.12 X |
Price To Earnings To Growth | 2.48 X | 4.89 X |
Target Price | 31.27 | |
Number Of Employees | 901 | 18.84 K |
Beta | 0.085 | -0.15 |
Market Capitalization | 2.76 B | 19.03 B |
Total Asset | 3.34 B | 29.47 B |
Retained Earnings | 341.96 M | 9.33 B |
Working Capital | 132.59 M | 1.48 B |
Note: Disposition of 8300 shares by Andrea Bortner of Grocery Outlet at 26.61 subject to Rule 16b-3 [view details]
Grocery Outlet Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Grocery . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Grocery Outlet Buy or Sell Advice
When is the right time to buy or sell Grocery Outlet Holding? Buying financial instruments such as Grocery Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2023 | 2024 (projected) | Net Debt | 1.3B | 1.3B | Current Deferred Revenue | 13.8M | 9.3M |
Use Investing Ideas to Build Portfolios
In addition to having Grocery Outlet in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Blend Funds Thematic Idea Now
Small Blend Funds
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Funds Theme or any other thematic opportunities.
View All Next | Launch |
Check out Grocery Outlet Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Grocery Stock analysis
When running Grocery Outlet's price analysis, check to measure Grocery Outlet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grocery Outlet is operating at the current time. Most of Grocery Outlet's value examination focuses on studying past and present price action to predict the probability of Grocery Outlet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grocery Outlet's price. Additionally, you may evaluate how the addition of Grocery Outlet to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Is Grocery Outlet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grocery Outlet. If investors know Grocery will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grocery Outlet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Earnings Share 0.79 | Revenue Per Share 40.214 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0274 |
The market value of Grocery Outlet Holding is measured differently than its book value, which is the value of Grocery that is recorded on the company's balance sheet. Investors also form their own opinion of Grocery Outlet's value that differs from its market value or its book value, called intrinsic value, which is Grocery Outlet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grocery Outlet's market value can be influenced by many factors that don't directly affect Grocery Outlet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grocery Outlet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grocery Outlet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grocery Outlet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.