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How to buy Grocery Outlet Holding (GO) stocks in Canada

Learn how to easily invest in Grocery Outlet Holding stocks.

Grocery Outlet Holding is a grocery stores business based in the US. Grocery Outlet Holding stocks (GO.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $34.26 – a decrease of 6.12% over the previous week. Grocery Outlet Holding employs 774 staff and has a trailing 12-month revenue of around $3.1 billion.

How to buy shares in Grocery Outlet Holding

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – GO – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Grocery Outlet Holding stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Grocery Outlet Holding's stock price?

Since the stock market crash in March caused by coronavirus, Grocery Outlet Holding's stock price has had significant negative movement.

Its last market close was $25.45, which is 19.59% down on its pre-crash value of $31.65 and 10.45% down on the lowest point reached during the March crash when the stocks fell as low as $28.11.

If you had bought $1,000 worth of Grocery Outlet Holding stocks at the start of February 2020, those stocks would have been worth $961.72 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $777.75.

Grocery Outlet Holding stock price (NASDAQ:GO)

Use our graph to track the performance of GO stocks over time.

Grocery Outlet Holding shares at a glance

Information last updated 2022-01-17.
Latest market close$25.45
52-week range$21.01 - $46.58
50-day moving average $27.55
200-day moving average $30.13
Wall St. target price$28.71
PE ratio 32.9963
Dividend yield N/A (0%)
Earnings per share (TTM) $0.80

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Grocery Outlet Holding price performance over time

Historical closes compared with the close of $25.45 from 2022-01-18

1 week (2022-01-12) -6.12%
1 month (2021-12-17) -11.60%
3 months (2021-10-19) 9.56%
6 months (2021-07-19) -28.39%
1 year (2021-01-19) -32.74%
2 years (2020-01-17) -26.10%
3 years (2019-01-15) N/A
5 years (2017-01-15) N/A

Is Grocery Outlet Holding under- or over-valued?

Valuing Grocery Outlet Holding stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Grocery Outlet Holding's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Grocery Outlet Holding's P/E ratio

Grocery Outlet Holding's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 33x. In other words, Grocery Outlet Holding shares trade at around 33x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Grocery Outlet Holding's EBITDA

Grocery Outlet Holding's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $169.3 million.

The EBITDA is a measure of a Grocery Outlet Holding's overall financial performance and is widely used to measure a its profitability.

Grocery Outlet Holding financials

Revenue TTM $3.1 billion
Operating margin TTM 3.27%
Gross profit TTM $973.3 million
Return on assets TTM 2.53%
Return on equity TTM 8.49%
Profit margin 2.58%
Book value $10.35
Market capitalisation $2.5 billion

TTM: trailing 12 months

Grocery Outlet Holding share dividends

We're not expecting Grocery Outlet Holding to pay a dividend over the next 12 months.

Grocery Outlet Holding share price volatility

Over the last 12 months, Grocery Outlet Holding's shares have ranged in value from as little as $21.01 up to $46.58. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Grocery Outlet Holding's is -0.2921. This would suggest that Grocery Outlet Holding's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Grocery Outlet Holding has bucked the trend.

Grocery Outlet Holding overview

Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company's stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of June 24, 2021, it had 400 stores in California, Washington, Oregon, Pennsylvania, Idaho, and Nevada. The company was founded in 1946 and is headquartered in Emeryville, California. .

Frequently asked questions

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