At the time of writing, Albertsons Companies Inc [ACI] stock is trading at $19.12, up 4.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ACI shares have lost -0.10% over the last week, with a monthly amount drifted -2.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Albertsons Companies Inc [NYSE: ACI] stock has seen the most recent analyst activity on October 21, 2024, when Melius upgraded its rating to a Buy but kept the price target unchanged to $24 for it. Previously, Wells Fargo upgraded its rating to Overweight on October 18, 2024, and elevated its price target to $23. On April 23, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $24 on the stock. Tigress Financial upgraded its rating to a Buy and decreased its price target to $27 on April 26, 2023. Bernstein initiated its recommendation with a Outperform and recommended $26 as its price target on December 06, 2022. Morgan Stanley upgraded its rating to Equal-Weight for this stock on October 20, 2022, and upped its price target to $30. In a note dated October 20, 2022, Deutsche Bank downgraded an Hold rating on this stock.
For the past year, the stock price of Albertsons Companies Inc fluctuated between $17.00 and $23.47. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Albertsons Companies Inc [NYSE: ACI] shares were valued at $19.12 at the most recent close of the market. An investor can expect a potential return of 15.06% based on the average ACI price forecast.
Analyzing the ACI fundamentals
According to Albertsons Companies Inc [NYSE:ACI], the company’s sales were 79.71B for trailing twelve months, which represents an 1.43% jump. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.02%, 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 0.36 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.62.
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 18.39 points at the first support level, and at 17.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.54, and for the 2nd resistance point, it is at 19.96.
Ratios To Look Out For
It is important to note that Albertsons Companies Inc [NYSE:ACI] has a current ratio of 0.90. Also, the Quick Ratio is 0.22, while the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.14, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 11.15.
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.
