Grocery Outlet Holding Corp. (GO)

NASDAQ: GO · IEX Real-Time Price · USD
29.00
+1.14 (4.09%)
At close: Mar 27, 2024, 4:00 PM
28.35
-0.65 (-2.24%)
After-hours: Mar 27, 2024, 7:23 PM EDT

Total Valuation

GO has a market cap or net worth of $2.76 billion. The enterprise value is $4.04 billion.

Market Cap 2.76B
Enterprise Value 4.04B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

GO has 99.23 million shares outstanding. The number of shares has increased by 0.67% in one year.

Shares Outstanding 99.23M
Shares Change (YoY) +0.67%
Shares Change (QoQ) +0.17%
Owned by Insiders (%) 8.43%
Owned by Institutions (%) 101.45%
Float 91.06M

Valuation Ratios

The trailing PE ratio is 36.71 and the forward PE ratio is 24.07.

PE Ratio 36.71
Forward PE 24.07
PS Ratio 0.70
Forward PS 0.62
PB Ratio 2.27
P/FCF Ratio 20.56
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.40, with an EV/FCF ratio of 30.07.

EV / Earnings 50.91
EV / Sales 1.02
EV / EBITDA 19.40
EV / EBIT 33.58
EV / FCF 30.07

Financial Position

The company has a current ratio of 1.35, with a Debt / Equity ratio of 1.14.

Current Ratio 1.35
Quick Ratio 0.35
Debt / Equity 1.14
Debt / EBITDA 6.69
Debt / FCF 10.37
Interest Coverage 7.36

Financial Efficiency

Return on equity (ROE) is 6.70% and return on invested capital (ROIC) is 3.67%.

Return on Equity (ROE) 6.70%
Return on Assets (ROA) 2.80%
Return on Capital (ROIC) 3.67%
Revenue Per Employee $3.98M
Profits Per Employee $79,676
Employee Count 997
Asset Turnover 1.38
Inventory Turnover 7.97

Taxes

In the past 12 months, GO has paid $24.64 million in taxes.

Income Tax 24.64M
Effective Tax Rate 23.68%

Stock Price Statistics

The stock price has increased by +2.87% in the last 52 weeks. The beta is 0.09, so GO's price volatility has been lower than the market average.

Beta (1Y) 0.09
52-Week Price Change +2.87%
50-Day Moving Average 26.18
200-Day Moving Average 28.79
Relative Strength Index (RSI) 68.71
Average Volume (30 Days) 1,252,257

Short Selling Information

The latest short interest is 6.43 million, so 6.48% of the outstanding shares have been sold short.

Short Interest 6.43M
Short Previous Month 5.97M
Short % of Shares Out 6.48%
Short % of Float 7.07%
Short Ratio (days to cover) 4.58

Income Statement

In the last 12 months, GO had revenue of $3.97 billion and earned $79.44 million in profits. Earnings per share was $0.79.

Revenue 3.97B
Gross Profit 1.24B
Operating Income 125.78M
Pretax Income 104.08M
Net Income 79.44M
EBITDA 208.42M
EBIT 120.44M
Earnings Per Share (EPS) $0.79
Full Income Statement

Balance Sheet

The company has $114.99 million in cash and $1.39 billion in debt, giving a net cash position of -$1.28 billion or -$12.90 per share.

Cash & Cash Equivalents 114.99M
Total Debt 1.39B
Net Cash -1.28B
Net Cash Per Share -$12.90
Equity / Book Value 1.22B
Book Value Per Share 12.29
Working Capital 132.59M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $303.45 million and capital expenditures -$168.97 million, giving a free cash flow of $134.48 million.

Operating Cash Flow 303.45M
Capital Expenditures -168.97M
Free Cash Flow 134.48M
FCF Per Share $1.36
Full Cash Flow Statement

Margins

Gross margin is 31.28%, with operating and profit margins of 3.17% and 2.00%.

Gross Margin 31.28%
Operating Margin 3.17%
Pretax Margin 2.62%
Profit Margin 2.00%
EBITDA Margin 5.25%
EBIT Margin 3.03%
FCF Margin 3.39%

Dividends & Yields

GO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.67%
Shareholder Yield -0.67%
Earnings Yield 2.87%
FCF Yield 4.86%
Dividend Details

Analyst Forecast

The average price target for GO is $31.44, which is 8.41% higher than the current price. The consensus rating is "Hold".

Price Target $31.44
Price Target Difference 8.41%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) 10.04%
EPS Growth Forecast (5Y) 18.47%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

GO has an Altman Z-Score of 2.63 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.63
Piotroski F-Score 7