Albertsons Companies Inc (ACI) concluded trading on Thursday at a closing price of $19.34, with 4.37 million shares of worth about $84.49 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.57% during that period and on November 07, 2024 the price saw a gain of about 2.60%. Currently the company’s common shares owned by public are about 576.05M shares, out of which, 419.96M shares are available for trading.
Stock saw a price change of 6.85% in past 5 days and over the past one month there was a price change of 4.88%. Year-to-date (YTD), ACI shares are showing a performance of -15.91% which decreased to -11.69% 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 3.36 million. The stock is currently trading 4.33% above its 20-day simple moving average (SMA20), while that difference is up 3.90% for SMA50 and it goes to -3.45% lower than SMA200.
Albertsons Companies Inc (NYSE: ACI) currently have 576.05M outstanding shares and institutions hold larger chunk of about 50.50% of that.
The stock has a current market capitalization of $11.20B and its 3Y-monthly beta is at 0.49. PE ratio of stock for trailing 12 months is 11.28, while it has posted earnings per share of $1.72 in the same period. It has Quick Ratio of 0.22 while making debt-to-equity ratio of 4.70. 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 2.53% while standing at 1.97% over the month.
Stock’s fiscal year EPS is expected to drop by -21.18% while it is estimated to increase by 0.65% in next year. EPS is likely to shrink at an annualized rate of -2.82% 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 Melius on October 21, 2024 offering a Buy rating for the stock and assigned a target price of $24 to it. Coverage by Wells Fargo stated Albertsons Companies Inc (ACI) stock as an Overweight in their note to investors on October 18, 2024, suggesting a price target of $23 for the stock. On April 23, 2024, ROTH MKM Upgrade their recommendations, while on April 26, 2023, Tigress Financial Upgrade their ratings for the stock with a price target of $27. Stock get an Outperform rating from Bernstein on December 06, 2022.
