Grocery Outlet (NASDAQ:GO) Given Hold Rating at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Grocery Outlet (NASDAQ:GO) in a research report report published on Thursday morning, Marketbeat.com reports. They currently have a $7.00 target price on the stock, down from their previous target price of $18.00.

Several other equities research analysts also recently weighed in on GO. Telsey Advisory Group downgraded Grocery Outlet from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $15.00 to $9.00 in a research report on Thursday. TD Cowen lowered their target price on Grocery Outlet from $18.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft set a $11.00 target price on Grocery Outlet in a report on Thursday, January 8th. UBS Group reissued a “neutral” rating and issued a $11.50 price target on shares of Grocery Outlet in a report on Thursday, December 18th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Grocery Outlet in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $10.68.

Grocery Outlet Price Performance

Shares of NASDAQ GO opened at $6.34 on Thursday. Grocery Outlet has a 52 week low of $6.20 and a 52 week high of $19.41. The business’s 50 day moving average price is $9.72 and its 200 day moving average price is $12.70. The company has a quick ratio of 0.25, a current ratio of 1.30 and a debt-to-equity ratio of 0.40. The firm has a market cap of $622.19 million, a P/E ratio of -2.77, a P/E/G ratio of 1.79 and a beta of 0.50.

Grocery Outlet (NASDAQ:GO) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.23 billion. Grocery Outlet had a negative net margin of 4.80% and a positive return on equity of 5.67%. The business’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share. Grocery Outlet has set its FY 2026 guidance at 0.450-0.550 EPS. On average, sell-side analysts expect that Grocery Outlet will post 0.63 earnings per share for the current year.

Institutional Trading of Grocery Outlet

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its position in shares of Grocery Outlet by 5.8% in the first quarter. Royal Bank of Canada now owns 122,565 shares of the company’s stock valued at $1,713,000 after buying an additional 6,736 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Grocery Outlet by 14.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 357,856 shares of the company’s stock valued at $5,003,000 after acquiring an additional 44,214 shares during the period. AlphaQuest LLC increased its holdings in Grocery Outlet by 327.7% in the 2nd quarter. AlphaQuest LLC now owns 5,761 shares of the company’s stock worth $72,000 after acquiring an additional 4,414 shares in the last quarter. Bank of Montreal Can increased its holdings in Grocery Outlet by 5.1% in the 2nd quarter. Bank of Montreal Can now owns 16,525 shares of the company’s stock worth $205,000 after acquiring an additional 803 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Grocery Outlet by 7.4% during the second quarter. Bank of New York Mellon Corp now owns 642,806 shares of the company’s stock worth $7,984,000 after acquiring an additional 44,427 shares during the period. 99.87% of the stock is owned by institutional investors and hedge funds.

More Grocery Outlet News

Here are the key news stories impacting Grocery Outlet this week:

• Positive Sentiment: Operational cash metrics improved year?over?year (operating cash flow and cash balance rose), which gives some near?term liquidity cushion. QuiverQuant Q4 summary
• Positive Sentiment: Grocery Outlet retained Gordon Brothers to market leasehold opportunities as part of its portfolio optimization — a potential source of proceeds and faster footprint rationalization. Gordon Brothers press release
• Neutral Sentiment: Top-line still grew: total revenue was up ~10.7% YoY to about $1.22B and gross profit increased, but same?store comps weakened — a mixed operational picture. Earnings release
• Negative Sentiment: Q4 results missed estimates (EPS $0.19 vs. $0.21 expected; revenue slightly below consensus) and management reported meaningful operating losses driven by non?cash impairment and restructuring charges. Zacks earnings coverage
• Negative Sentiment: Large non?cash charges: management disclosed ~ $113.8M impairment of long?lived assets, $149.0M goodwill impairment and $45.9M restructuring charges, producing an operating loss and a big swing to net loss — a major driver of investor selling. Earnings release
• Negative Sentiment: FY?2026 guidance was lowered well below Street expectations (EPS guidance of $0.45–$0.55 vs. ~ $0.77 consensus), signaling a slower recovery and pressuring valuation. Guidance slide deck
• Negative Sentiment: Management announced closure of 36 stores tied to the fiscal?2025 net loss, increasing near?term execution and comps risk. The Shelby Report
• Negative Sentiment: Multiple analysts cut price targets and downgraded the stock after the report (Morgan Stanley, Wells Fargo, DA Davidson, Jefferies, Telsey and others), removing buy conviction. Benzinga analyst roundup
• Negative Sentiment: Shareholder investigations were announced by law firms (Ademi LLP and Holzer & Holzer), citing potential misstatements about financials and disclosures — a legal overhang that raises uncertainty. Ademi LLP alert Holzer & Holzer alert
• Negative Sentiment: Institutional selling and at?least one recent insider sale were flagged in filings/third?party data, adding to downward pressure amid the negative news flow. QuiverQuant institutional data

Grocery Outlet Company Profile

Grocery Outlet Holding Corp. (NASDAQ: GO) is a specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors. Headquartered in Emeryville, California, the company operates two primary banners—Grocery Outlet and Fresh2Go—with a combined footprint of more than 400 stores. Its product assortment spans fresh produce, meat, dairy, bakery items, household staples, natural and organic offerings, and select specialty products, all sold at significant markdowns compared to conventional supermarkets.

The company’s unique buying model enables it to source inventory through opportunistic purchases of surplus freight, discontinued items, and closeout deals, which it then passes on as savings to its customers.