Albertsons Companies Inc (ACI) concluded trading on Tuesday at a closing price of $19.64, with 3.86 million shares of worth about $75.8 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.11% during that period and on December 31, 2024 the price saw a gain of about 0.10%. Currently the company’s common shares owned by public are about 579.31M shares, out of which, 420.02M shares are available for trading.
Stock saw a price change of 0.05% in past 5 days and over the past one month there was a price change of -1.06%. Year-to-date (YTD), ACI shares are showing a performance of -14.61% which decreased to -14.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $17.00 but also hit the highest price of $23.47 during that period. The average intraday trading volume for Albertsons Companies Inc shares is 4.33 million. The stock is currently trading 1.62% above its 20-day simple moving average (SMA20), while that difference is up 2.79% for SMA50 and it goes to -0.37% lower than SMA200.
Albertsons Companies Inc (NYSE: ACI) currently have 579.31M outstanding shares and institutions hold larger chunk of about 49.81% of that.
The stock has a current market capitalization of $11.39B and its 3Y-monthly beta is at 0.51. PE ratio of stock for trailing 12 months is 11.45, 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 1.83% while standing at 3.29% over the month.
Stock’s fiscal year EPS is expected to drop by -21.23% while it is estimated to increase by 1.22% in next year. EPS is likely to shrink at an annualized rate of -2.00% 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 Telsey Advisory Group on December 17, 2024 offering an Outperform rating for the stock and assigned a target price range of between $21 and $26 to it. Coverage by BofA Securities stated Albertsons Companies Inc (ACI) stock as a Neutral in their note to investors on December 13, 2024, suggesting a price target of $22 for the stock. On October 21, 2024, Melius Upgrade their recommendations, while on October 18, 2024, Wells Fargo Upgrade their ratings for the stock with a price target of $23. Stock get a Buy rating from ROTH MKM on April 23, 2024.
