Currently, there are 579.36M common shares owned by the public and among those 420.04M shares have been available to trade.
The company’s stock has a 5-day price change of 4.34% and 12.90% over the past three months. ACI shares are trading 5.19% year to date (YTD), with the 12-month market performance down to -10.37% lower. It has a 12-month low price of $17.00 and touched a high of $23.08 over the same period. ACI has an average intraday trading volume of 4.78 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.08%, 7.06%, and 5.01% respectively.
Institutional ownership of Albertsons Companies Inc (NYSE: ACI) shares accounts for 49.81% of the company’s 579.36M shares outstanding.
It has a market capitalization of $11.97B and a beta (3y monthly) value of 0.51. The stock’s trailing 12-month PE ratio is 11.61, while the earnings-per-share (ttm) stands at $1.78. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.23% over the week and 2.81% over the month.
Earnings per share for the fiscal year are expected to decrease by -20.67%, and 0.97% over the next financial year. EPS should shrink at an annualized rate of -3.00% over the next five years, compared to 52.11% over the past 5-year period.
Looking at the support for the ACI, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Outperform rating for the stock in a research note on December 17, 2024, with the firm’s price target at $21-$26. BofA Securities coverage for the Albertsons Companies Inc (ACI) stock in a research note released on December 13, 2024 offered a Neutral rating with a price target of $22. Melius was of a view on October 21, 2024 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on October 18, 2024, issuing a price target of $22- $23. ROTH MKM on their part issued Buy rating on April 23, 2024.
