At the time of writing, Albertsons Companies Inc [ACI] stock is trading at $20.75, down -0.81%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ACI shares have gain 4.96% over the last week, with a monthly amount glided 4.06%, 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.
For the past year, the stock price of Albertsons Companies Inc fluctuated between $19.25 and $23.88. 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 $20.75 at the most recent close of the market. An investor can expect a potential return of 29.4% based on the average ACI price forecast.
Analyzing the ACI fundamentals
According to Albertsons Companies Inc [NYSE:ACI], the company’s sales were 79.45B for trailing twelve months, which represents an 0.89% jump. 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 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.43 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.93.
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 20.66 points at the first support level, and at 20.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.88, and for the 2nd resistance point, it is at 21.02.
Ratios To Look Out For
It is important to note that Albertsons Companies Inc [NYSE:ACI] has a current ratio of 0.88. As well, the Quick Ratio is 0.21, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 4.12 and price to earnings (TTM) ratio is 10.78.
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.
