Albertsons Companies Inc [ACI] stock prices are down -4.10% to $21.97 at the moment. 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 1.62% over the last week, with a monthly amount glided 4.77%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
On December 17, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $26 on the stock. Melius upgraded its rating to a Buy but $24 remained the price target by the analyst firm on October 21, 2024. Wells Fargo upgraded its rating to Overweight for this stock on October 18, 2024, and upped its price target to $23. In a note dated April 23, 2024, ROTH MKM upgraded an Buy rating on this stock but restated the target price of $24.
The stock price of Albertsons Companies Inc [ACI] has been fluctuating between $17.00 and $23.20 over the past year. Currently, Wall Street analysts expect the stock to reach $23.2 within the next 12 months. Albertsons Companies Inc [NYSE: ACI] shares were valued at $21.97 at the most recent close of the market. An investor can expect a potential return of 5.6% based on the average ACI price forecast.
Analyzing the ACI fundamentals
The Albertsons Companies Inc [NYSE:ACI] reported sales of 79.93B for trailing twelve months, representing a surge 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 21.53 points at the first support level, and at 21.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.65, and for the 2nd resistance point, it is at 23.34.
Ratios To Look Out For
It’s worth pointing out that Albertsons Companies Inc [NYSE:ACI]’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 0.16, the price to book ratio is 3.78 and price to earnings (TTM) ratio is 12.35.
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.
