Grove Collaborative (GROV) Set to Announce Quarterly Earnings on Tuesday

Grove Collaborative (NYSE:GROV) is scheduled to be releasing its earnings data after the market closes on Tuesday, November 12th. Persons interested in registering for the company’s earnings conference call can do so using this link.

Grove Collaborative (NYSE:GROV) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.28) earnings per share for the quarter. Grove Collaborative had a negative return on equity of 372.20% and a negative net margin of 14.41%. The company had revenue of $52.10 million during the quarter, compared to the consensus estimate of $52.80 million.

Grove Collaborative Stock Up 5.3 %

Shares of NYSE GROV opened at $1.38 on Friday. Grove Collaborative has a one year low of $1.19 and a one year high of $2.49. The company has a debt-to-equity ratio of 107.00, a current ratio of 3.88 and a quick ratio of 2.92. The firm’s 50 day simple moving average is $1.34 and its two-hundred day simple moving average is $1.47. The stock has a market capitalization of $53.76 million, a P/E ratio of -1.44 and a beta of 0.97.

Wall Street Analyst Weigh In

Separately, Telsey Advisory Group cut their target price on shares of Grove Collaborative from $3.00 to $2.00 and set an “outperform” rating on the stock in a report on Friday, August 9th.

Grove Collaborative Company Profile

Grove Collaborative Holdings, Inc operates as a plastic neutral consumer products retailer in the United States. It offers household, personal care, beauty, and other consumer products through retail channels, third parties, direct-to-consumer platform, and mobile applications, as well as online store.