Albertsons Companies Inc (NYSE: ACI) has a higher price-to-earnings ratio of 9.22x compared to its average ratio. ACI has 36-month beta value of 0.49. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ACI is 333.11M, and currently, short sellers hold a 4.32% ratio of that float. The average trading volume of ACI on March 27, 2024 was 3.49M shares.
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ACI) stock’s latest price update
Albertsons Companies Inc (NYSE: ACI)’s stock price has plunge by 1.33relation to previous closing price of 21.05. Nevertheless, the company has seen a 2.94% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-26 that If you’re looking for stability and growth in today’s volatile market, consider consumer staples stocks with moats. These companies provide essential products people need regardless of economic climate, making them recession-proof powerhouses.
ACI’s Market Performance
ACI’s stock has risen by 2.94% in the past week, with a monthly drop of -1.11% and a quarterly drop of -5.33%. The volatility ratio for the week is 1.39% while the volatility levels for the last 30 days are 1.73% for Albertsons Companies Inc The simple moving average for the past 20 days is 3.06% for ACI’s stock, with a -2.69% simple moving average for the past 200 days.
Analysts’ Opinion of ACI
Many brokerage firms have already submitted their reports for ACI stocks, with Tigress Financial repeating the rating for ACI by listing it as a “Buy.” The predicted price for ACI in the upcoming period, according to Tigress Financial is $27 based on the research report published on April 26, 2023 of the previous year 2023.
Bernstein, on the other hand, stated in their research note that they expect to see ACI reach a price target of $26. The rating they have provided for ACI stocks is “Outperform” according to the report published on December 06th, 2022.
Morgan Stanley gave a rating of “Equal-Weight” to ACI, setting the target price at $30 in the report published on October 20th of the previous year.
ACI Trading at 0.51% 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 -10.68% of loss for the given period.
Volatility was left at 1.73%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +2.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.08% lower at present.
During the last 5 trading sessions, ACI rose by +2.94%, which changed the moving average for the period of 200-days by +2.06% in comparison to the 20-day moving average, which settled at $20.72. In addition, Albertsons Companies Inc saw -7.26% 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 ’23. After this action, Larson Robert Bruce now owns 50,241 shares of Albertsons Companies Inc, valued at $681,797 using the latest closing price.
Stock Fundamentals for ACI
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.28 for the gross margin
The net margin for Albertsons Companies Inc stands at 0.02. The total capital return value is set at 0.11. Equity return is now at value 81.08, with 4.78 for asset returns.
Based on Albertsons Companies Inc (ACI), the company’s capital structure generated 0.85 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 5.83. The interest coverage ratio of the stock is 2.89.
Currently, EBITDA for the company is 1.64 billion with net debt to EBITDA at 3.82. When we switch over and look at the enterprise to sales, we see a ratio of 0.34. The receivables turnover for the company is 95.56for trailing twelve months and the total asset turnover is 2.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To put it simply, Albertsons Companies Inc (ACI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
