At the time of writing, Albertsons Companies Inc [ACI] stock is trading at $19.85, up 1.79%. 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 gain 4.80% over the last week, with a monthly amount glided 3.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Melius upgraded its rating to Buy on October 21, 2024, and kept the price target unchanged to $24. On October 18, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $23 on the stock. ROTH MKM upgraded its rating to a Buy but stick to its price target of $24 on April 23, 2024. Tigress Financial upgraded its rating to a Buy and reduced its price target to $27 on April 26, 2023. Bernstein started tracking with a Outperform rating for this stock on December 06, 2022, and assigned it a price target of $26. In a note dated October 20, 2022, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $26 to $30.
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 $19.85 at the most recent close of the market. An investor can expect a potential return of 10.83% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.62.
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 19.37 points at the first support level, and at 18.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.11, and for the 2nd resistance point, it is at 20.36.
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 0.15, the price to book ratio is 3.81 and price to earnings (TTM) ratio is 11.57.
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.
