Grocery Outlet
About: 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.
Employees: 997
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 37
7% more funds holding
Funds holding: 218 [Q2] → 233 (+15) [Q3]
7.15% less ownership
Funds ownership: 110.05% [Q2] → 102.9% (-7.15%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 86
22% less call options, than puts
Call options by funds: $4.02M | Put options by funds: $5.15M
27% less capital invested
Capital invested by funds: $2.43B [Q2] → $1.77B (-$662M) [Q3]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Telsey Advisory Group Joseph Feldman 52% 1-year accuracy 85 / 164 met price target | 13%upside $18 | Market Perform Maintained | 19 Dec 2024 |
UBS Michael Lasser 54% 1-year accuracy 19 / 35 met price target | 0%upside $16 | Neutral Maintained | 6 Nov 2024 |
Roth MKM Bill Kirk 41% 1-year accuracy 7 / 17 met price target | 0%upside $16 | Neutral Maintained | 6 Nov 2024 |
Deutsche Bank Paul Trussell 25% 1-year accuracy 1 / 4 met price target | 63%upside $26 | Buy Maintained | 6 Nov 2024 |
Wells Fargo Anthony Bonadio 78% 1-year accuracy 7 / 9 met price target | 44%upside $23 | Overweight Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 19 articles about GO published over the past 30 days