Albertsons Companies Inc [ACI] stock is trading at $20.66, up 3.56%. 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 4.34% over the last week, with a monthly amount glided 11.62%, and 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 December 17, 2024, when Telsey Advisory Group upgraded its rating to a Outperform and also boosted its price target to $26 from $21. On October 21, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $24 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $23 on October 18, 2024. ROTH MKM upgraded its rating to a Buy but $24 remained the price target by the analyst firm on April 23, 2024. Tigress Financial upgraded its rating to Buy for this stock on April 26, 2023, and downed its price target to $27. In a note dated December 06, 2022, Bernstein initiated an Outperform rating and provided a target price of $26 on this stock.
Albertsons Companies Inc [ACI] stock has fluctuated between $17.00 and $23.08 over the past year. Currently, Wall Street analysts expect the stock to reach $22.5 within the next 12 months. Albertsons Companies Inc [NYSE: ACI] shares were valued at $20.66 at the most recent close of the market. An investor can expect a potential return of 8.91% based on the average ACI price forecast.
Analyzing the ACI fundamentals
Albertsons Companies Inc [NYSE:ACI] reported sales of 79.93B for the trailing twelve months, which represents a growth of 1.17%. 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 0.34 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 4.22.
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 20.20 points at the first support level, and at 19.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.91, and for the 2nd resistance point, it is at 21.15.
Ratios To Look Out For
For context, Albertsons Companies Inc’s Current Ratio is 0.93. As well, the Quick Ratio is 0.21, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 3.56 and price to earnings (TTM) ratio is 11.61.
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.
