Albertsons Companies Inc (ACI) concluded trading on Thursday at a closing price of $21.01, with 2.81 million shares of worth about $59.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.14% during that period and on March 21, 2024 the price saw a gain of about 0.10%. Currently the company’s common shares owned by public are about 569.67M shares, out of which, 333.11M shares are available for trading.
Stock saw a price change of 1.89% in past 5 days and over the past one month there was a price change of -1.08%. Year-to-date (YTD), ACI shares are showing a performance of -8.65% which increased to 8.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.21 but also hit the highest price of $23.88 during that period. The average intraday trading volume for Albertsons Companies Inc shares is 3.48 million. The stock is currently trading 1.18% above its 20-day simple moving average (SMA20), while that difference is down -1.56% for SMA50 and it goes to -4.14% lower than SMA200.
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Albertsons Companies Inc (NYSE: ACI) currently have 569.67M outstanding shares and institutions hold larger chunk of about 45.83% of that.
The stock has a current market capitalization of $12.10B and its 3Y-monthly beta is at 0.49. PE ratio of stock for trailing 12 months is 9.08, while it has posted earnings per share of $2.31 in the same period. Its PEG reads 1.13 and has Quick Ratio of 0.19 while making debt-to-equity ratio of 5.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ACI, volatility over the week remained 1.28% while standing at 1.77% over the month.
Analysts are in expectations that Albertsons Companies Inc (ACI) stock would likely to be making an EPS of $0.52 in the current quarter, while forecast for next quarter EPS is $0.8 and it is $2.62 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.44 which is $0.71 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.79 in the same quarter a year ago. EPS is likely to shrink at an annualized rate of 8.00% for next 5-years, compared to annual growth of 87.96% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Tigress Financial on April 26, 2023 offering a Buy rating for the stock and assigned a target price range of between $32 and $27 to it. Coverage by Bernstein stated Albertsons Companies Inc (ACI) stock as an Outperform in their note to investors on December 06, 2022, suggesting a price target of $26 for the stock. Stock get a Neutral rating from Guggenheim on October 17, 2022.
