Albertsons Companies Inc [ACI] stock is trading at $20.00, up 0.86%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ACI shares have gain 2.56% over the last week, with a monthly amount glided 0.35%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Albertsons Companies Inc [NYSE: ACI] stock has seen the most recent analyst activity on April 23, 2024, when ROTH MKM upgraded its rating to a Buy but kept the price target unchanged to $24 for it. Previously, Tigress Financial upgraded its rating to Buy on April 26, 2023, and dropped its price target to $27. On December 06, 2022, Bernstein initiated with a Outperform rating and assigned a price target of $26 on the stock. Morgan Stanley upgraded its rating to a Equal-Weight and increased its price target to $30 on October 20, 2022. Deutsche Bank downgraded its rating to a Hold. Guggenheim downgraded its rating to Neutral for this stock on October 17, 2022. In a note dated January 12, 2022, UBS reiterated an Neutral rating on this stock and revised its target price from $33 to $31.
Albertsons Companies Inc [ACI] stock has fluctuated between $19.33 and $23.88 over the past year. Currently, Wall Street analysts expect the stock to reach $26.85 within the next 12 months. Albertsons Companies Inc [NYSE: ACI] shares were valued at $20.00 at the most recent close of the market. An investor can expect a potential return of 34.25% based on the average ACI price forecast.
Analyzing the ACI fundamentals
Albertsons Companies Inc [NYSE:ACI] reported sales of 79.24B for the trailing twelve months, which represents a growth of 0.41%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.55 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.66 points at the first support level, and at 19.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.26, and for the 2nd resistance point, it is at 20.52.
Ratios To Look Out For
For context, Albertsons Companies Inc’s Current Ratio is 0.84. In addition, the Quick Ratio stands at 0.18 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 4.19 and price to earnings (TTM) ratio is 8.97.
Transactions by insiders
Recent insider trading involved Larson Robert Bruce, SVP & Chief Accounting Officer, that happened on May 01 ’24 when 24362.0 shares were sold. Chief Tech &Transformation Off, DHANDA ANUJ completed a deal on Apr 30 ’24 to sell 100000.0 shares.
