Currently, there are 579.36M common shares owned by the public and among those 418.99M shares have been available to trade.
The company’s stock has a 5-day price change of 3.69% and 20.30% over the past three months. ACI shares are trading 11.66% year to date (YTD), with the 12-month market performance up to 4.68% higher. It has a 12-month low price of $17.00 and touched a high of $21.67 over the same period. ACI has an average intraday trading volume of 6.65 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 5.12%, 7.05%, and 11.54% respectively.
Institutional ownership of Albertsons Companies Inc (NYSE: ACI) shares accounts for 51.99% of the company’s 579.36M shares outstanding.
It has a market capitalization of $12.71B and a beta (3y monthly) value of 0.49. The stock’s trailing 12-month PE ratio is 12.33, 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 3.07% over the week and 2.58% over the month.
Earnings per share for the fiscal year are expected to decrease by -20.39%, and 0.40% over the next financial year. EPS should shrink at an annualized rate of -5.93% 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. Goldman stated their Buy rating for the stock in a research note on February 04, 2025, with the firm’s price target at $26. Citigroup coverage for the Albertsons Companies Inc (ACI) stock in a research note released on January 24, 2025 offered a Buy rating with a price target of $26. Telsey Advisory Group was of a view on December 17, 2024 that the stock is Outperform, while BofA Securities gave the stock Neutral rating on December 13, 2024, issuing a price target of $22. Melius on their part issued Buy rating on October 21, 2024.
