Grocery Outlet Stock Target Price and Analyst Consensus

GO Stock  USD 19.07  0.30  1.60%   
The current analyst and expert consensus on Grocery Outlet is Buy with 11 hold recommendations. The current projected Grocery Outlet target price consensus is 35.33 with 15 analyst opinions. One of the most common ways Grocery Outlet Holding analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Grocery Outlet vendors, executives, and/or customers. Grocery Outlet recommendation module provides expert sentiment on the projected Grocery Outlet Holding target price to derive its highest and lowest estimates based on target price standard deviation of 3.7085.
Lowest Forecast
32.15
Highest Forecast
39.22
Target Price
35.33
As of the 13th of November 2024, Operating Profit Margin is likely to grow to 0.04, while Gross Profit is likely to drop about 953.1 M. At this time, Grocery Outlet's Long Term Debt Total is very stable compared to the past year.
  
It's important to approach Grocery Outlet's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Grocery Outlet price targets

Grocery Outlet's stock target price is an estimate of its future price, usually made by analysts. Using Grocery Outlet's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Grocery Outlet's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Grocery Outlet's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Grocery Outlet Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Grocery Outlet is a key component of Grocery Outlet valuation and have some predictive power on the future returns of a Grocery Outlet.
Hype
Prediction
LowEstimatedHigh
15.3819.0722.76
Details
Intrinsic
Valuation
LowRealHigh
11.2914.9820.98
Details
Naive
Forecast
LowNextHigh
16.5820.2723.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.190.200.20
Details

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Check out Macroaxis Advice on Grocery Outlet to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.