Albertsons Companies Inc (ACI) concluded trading on Thursday at a closing price of $18.30, with 2.37 million shares of worth about $43.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.47% during that period and on October 10, 2024 the price saw a loss of about -0.76%. Currently the company’s common shares owned by public are about 576.05M shares, out of which, 419.80M shares are available for trading.
Stock saw a price change of -1.08% in past 5 days and over the past one month there was a price change of -1.24%. Year-to-date (YTD), ACI shares are showing a performance of -20.43% which decreased to -20.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.80 but also hit the highest price of $23.47 during that period. The average intraday trading volume for Albertsons Companies Inc shares is 3.20 million. The stock is currently trading -1.24% below its 20-day simple moving average (SMA20), while that difference is down -5.00% for SMA50 and it goes to -10.44% lower than SMA200.
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Albertsons Companies Inc (NYSE: ACI) currently have 576.05M outstanding shares and institutions hold larger chunk of about 50.43% of that.
The stock has a current market capitalization of $10.60B and its 3Y-monthly beta is at 0.48. PE ratio of stock for trailing 12 months is 9.51, while it has posted earnings per share of $1.92 in the same period. It has Quick Ratio of 0.21 while making debt-to-equity ratio of 4.85. 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 1.44% while standing at 1.47% over the month.
Stock’s fiscal year EPS is expected to drop by -17.95% while it is estimated to increase by 1.03% in next year. EPS is likely to shrink at an annualized rate of -2.37% for next 5-years, compared to annual growth of 52.11% 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 ROTH MKM on April 23, 2024 offering a Buy rating for the stock and assigned a target price of $24 to it. Coverage by Tigress Financial stated Albertsons Companies Inc (ACI) stock as a Buy in their note to investors on April 26, 2023, suggesting a price target of $27 for the stock. On December 06, 2022, Bernstein Initiated their recommendations, while on October 20, 2022, Morgan Stanley Upgrade their ratings for the stock with a price target of $30. Stock get a Hold rating from Deutsche Bank on October 20, 2022.
