Grocery Stocks To Add to Your Watchlist – November 5th

CAVA Group, Casey’s General Stores, Maplebear, Conagra Brands, Albertsons Companies, BJ’s Wholesale Club, and BBB Foods are the seven Grocery stocks to watch today, according to MarketBeat’s stock screener tool. “Grocery stocks” are shares of companies that sell groceries, such as supermarket chains and food retailers. Investors often view them as relatively defensive because people continue buying essential food during economic downturns, though these companies typically operate on thin profit margins. These companies had the highest dollar trading volume of any Grocery stocks within the last several days.

CAVA Group (CAVA)

Shares of CAVA traded down $5.32 during mid-day trading on Thursday, hitting $56.66. 5,430,082 shares of the company were exchanged, compared to its average volume of 3,378,792. The company has a 50 day moving average of $56.05 and a 200-day moving average of $71.20. The stock has a market cap of $6.62 billion, a price-to-earnings ratio of 102.86, a price-to-earnings-growth ratio of 4.81 and a beta of 1.75. CAVA Group has a 1-year low of $43.41 and a 1-year high of $98.79.

Casey’s General Stores (CASY)

Casey’s General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.

CASY stock traded up $11.11 during mid-day trading on Thursday, hitting $685.95. 249,574 shares of the company were exchanged, compared to its average volume of 519,199. The firm has a market capitalization of $25.35 billion, a P/E ratio of 33.05, a PEG ratio of 2.15 and a beta of 0.59. The company has a quick ratio of 0.61, a current ratio of 1.02 and a debt-to-equity ratio of 0.57. The business has a fifty day simple moving average of $662.52 and a 200-day simple moving average of $740.48. Casey’s General Stores has a 12-month low of $513.10 and a 12-month high of $927.85.

Maplebear (CART)

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers.

Maplebear stock traded down $1.30 during midday trading on Thursday, reaching $57.92. The company’s stock had a trading volume of 2,101,774 shares, compared to its average volume of 4,772,719. The business has a 50-day simple moving average of $49.49 and a 200-day simple moving average of $43.57. Maplebear has a fifty-two week low of $32.73 and a fifty-two week high of $62.00. The company has a market cap of $13.41 billion, a P/E ratio of 30.15, a P/E/G ratio of 1.16 and a beta of 0.69.

Conagra Brands (CAG)

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.

CAG stock traded down $0.01 on Thursday, reaching $15.27. 6,206,670 shares of the company’s stock were exchanged, compared to its average volume of 14,565,660. Conagra Brands has a twelve month low of $12.53 and a twelve month high of $20.32. The company has a quick ratio of 0.39, a current ratio of 1.10 and a debt-to-equity ratio of 1.08. The stock has a fifty day moving average of $14.59 and a 200-day moving average of $15.28. The firm has a market cap of $7.29 billion, a PE ratio of -3.83 and a beta of 0.02.

Albertsons Companies (ACI)

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company’s food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.

NYSE:ACI traded down $0.59 on Thursday, reaching $13.15. The stock had a trading volume of 5,681,422 shares, compared to its average volume of 7,868,958. The company has a market cap of $6.19 billion, a price-to-earnings ratio of -119.33, a P/E/G ratio of 2.27 and a beta of 0.38. The firm’s fifty day moving average is $12.55 and its two-hundred day moving average is $14.90. Albertsons Companies has a 12-month low of $10.86 and a 12-month high of $18.83. The company has a debt-to-equity ratio of 5.89, a current ratio of 0.82 and a quick ratio of 0.21.

BJ’s Wholesale Club (BJ)

BJ’s Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

NYSE BJ traded down $0.00 during trading hours on Thursday, hitting $110.90. The company had a trading volume of 602,999 shares, compared to its average volume of 1,978,823. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The firm’s 50 day moving average is $97.32 and its 200 day moving average is $94.74. The company has a market capitalization of $14.01 billion, a price-to-earnings ratio of 24.22, a P/E/G ratio of 3.21 and a beta of 0.12. BJ’s Wholesale Club has a fifty-two week low of $83.21 and a fifty-two week high of $113.35.

BBB Foods (TBBB)

BBB Foods Inc., through its subsidiaries, operates a chain of grocery retail stores in Mexico. It offers household cleaning, personal hyenine, cosmetics and beauty, pharmacy, and general merchandise products, as well as jellies and desserts, foods and drinks, pet supplies, coffee, tea, chocolates, breads, dry and frozen foods, snacks and sweets, and toilet papers and napkins.

TBBB stock traded down $1.43 during mid-day trading on Thursday, reaching $63.64. The company had a trading volume of 937,234 shares, compared to its average volume of 700,998. The stock’s 50-day simple moving average is $53.86 and its two-hundred day simple moving average is $42.31. The stock has a market capitalization of $7.55 billion, a P/E ratio of -68.42 and a beta of -0.01. BBB Foods has a one year low of $25.84 and a one year high of $65.91. The company has a quick ratio of 0.44, a current ratio of 0.69 and a debt-to-equity ratio of 2.09.