Over the past three months, Albertsons Companies Inc. [ACI] ended the trading day at $14.21 and exhibited a change of -3.33% with a 24 hour trading and reached upto the volume of 2.50M compared to its recorded trading volume of 2.92 million. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 6.37% with an amount shift of 7.77% over the last month.

On 6, October 2020, Albertsons Companies Announces Second Quarter Earnings Release and Conference Call Date. According to news published on Yahoo Finance, Albertsons Companies, Inc. (NYSE: ACI) will release financial results for the second quarter of fiscal 2020, which ended September 12, 2020, before the market opens on Tuesday, October 20, 2020. ACI will host a conference call that day at 8:30 a.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. The conference call will be available at the following address by accessing the “Events & Presentations” link included therein:.

Analyst Birdseye View:

The most recent analyst activity for Albertsons Companies Inc. [NYSE:ACI] stock was on September 25, 2020, when it was Initiated with a Buy rating from Tigress Financial. Before that, on October 06, 2020, Northcoast Recapitulated a Buy rating and elevated its amount target to $18. On August 06, 2020, Credit Suisse Resumed an Outperform rating and boosted its price target on this stock to $18. On July 30, 2020, MKM Partners Initiated a Neutral rating and increased its price target to $17. On July 21, 2020, Wells Fargo Initiated an Overweight rating and increased its price target to $18. On July 21, 2020, Telsey Advisory Group Initiated an Outperform rating and boosted its amount on this stock to $26. On July 21, 2020, RBC Capital Mkts Initiated an Outperform rating and boosted its target amount on this stock to $19. On July 21, 2020, Oppenheimer Initiated an Outperform rating and amplified its amount target to $18.

In the past 52 weeks of trading, this stock has oscillated between a low of $12.91 and a peak of $16.50. Right now, the middling Wall Street analyst 12-month amount mark is $19.50. At the most recent market close, shares of Albertsons Companies Inc. [NYSE:ACI] were valued at $14.21. According to the average price forecast, investors can expect a potential return of -0.77%.

FUNDAMENTAL ANALYSIS

This company’s Gross Margin is currently 28.80% and its Operating Margin is 3.00%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 14.46 points at 1st support level, the second support level is making up to 14.22. But as of 1st resistance point, this stock is sitting at 14.85 and at 15.00 for 2nd resistance point.

Albertsons Companies Inc. [ACI] reported its earnings at $1.35 per share in the fiscal quarter closing of 5/30/2020. The Analysts for Wall Street were expecting to report its earnings at $1.3/share signifying the difference of 0.05 and 3.80% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Albertsons Companies Inc. [NYSE:ACI] is 1.10. Now if looking for a valuation of this stock’s showing 5.88 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Sankaran Vivek, President and CEO, and it was the purchase of 25000.0 shares on Aug 14. DAVIS STEVEN A, the Director, completed a purchase of 7100.0 shares on Aug 04. On Aug 04, Fennebresque Kim S, Director, completed a purchase of 1000.0 shares.