Albertsons Companies Inc. (NYSE: ACI) has a higher price-to-earnings ratio of 8.85x compared to its average ratio, Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 as “hold,” and 0 as “sell.”
The average price suggested by analysts for ACI is $24.69, which is $5.69 above the current market price. The public float for ACI is 313.67M, and currently, shorts hold a 5.05% of that float. The average trading volume for ACI on May 26, 2023 was 4.59M shares.
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ACI) stock’s latest price update
Albertsons Companies Inc. (NYSE: ACI)’s stock price has plunge by -0.85relation to previous closing price of 20.10. Nevertheless, the company has seen a -1.73% plunge in its stock price over the last five trading sessions. The Wall Street Journal reported on 05/04/23 that Biggest Grocery Union Opposes Kroger-Albertsons Deal
ACI’s Market Performance
Albertsons Companies Inc. (ACI) has experienced a -1.73% fall in stock performance for the past week, with a -4.73% drop in the past month, and a -2.97% drop in the past quarter. The volatility ratio for the week is 1.06%, and the volatility levels for the past 30 days are at 1.14% for ACI. The simple moving average for the last 20 days is -2.79% for ACI stock, with a simple moving average of -3.45% for the last 200 days.
ACI Trading at -2.68% from the 50-Day Moving Average
After a stumble in the market that brought ACI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.18% of loss for the given period.
Volatility was left at 1.14%, however, over the last 30 days, the volatility rate increased by 1.06%, as shares sank -4.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.01% upper at present.
During the last 5 trading sessions, ACI fell by -1.73%, which changed the moving average for the period of 200-days by -30.46% in comparison to the 20-day moving average, which settled at $20.45. In addition, Albertsons Companies Inc. saw -3.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ACI starting from Larson Robert Bruce, who sale 32,544 shares at the price of $20.95 back on Apr 27. After this action, Larson Robert Bruce now owns 50,241 shares of Albertsons Companies Inc., valued at $681,797 using the latest closing price.
Gajial Omer, the EVP, Pharmacy & Health of Albertsons Companies Inc., sale 36,000 shares at $21.05 during a trade that took place back on Jan 25, which means that Gajial Omer is holding 25,140 shares at $757,800 based on the most recent closing price.
Stock Fundamentals for ACI
Current profitability levels for the company are sitting at:
- +2.94 for the present operating margin
- +25.89 for the gross margin
The net margin for Albertsons Companies Inc. stands at +1.95. Equity return is now at value 44.50, with 4.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
In conclusion, Albertsons Companies Inc. (ACI) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
