The price-to-earnings ratio for Albertsons Companies Inc (NYSE: ACI) is 8.74x, which is above its average ratio. Moreover, the 36-month beta value for ACI is 0.51. Analysts have varying opinions 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 3.77% of that float. On April 23, 2024, ACI’s average trading volume was 3.34M shares.
ACI) stock’s latest price update
The stock price of Albertsons Companies Inc (NYSE: ACI) has dropped by -0.59 compared to previous close of 20.35. Despite this, the company has seen a fall of -0.05% in its stock price over the last five trading days. PYMNTS reported 2024-04-22 that As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards. In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases in digital engagement led its growth, with identical sales up only 1% year over year in Q4 but digital sales up 24%.
ACI’s Market Performance
Albertsons Companies Inc (ACI) has seen a -0.05% fall in stock performance for the week, with a -3.71% decline in the past month and a -7.71% plunge in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are at 1.34% for ACI. The simple moving average for the last 20 days is -3.07% for ACI’s stock, with a simple moving average of -7.49% for the last 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 -3.24% 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 -15.28% of loss for the given period.
Volatility was left at 1.34%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares sank -3.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.25% lower at present.
During the last 5 trading sessions, ACI fell by -0.05%, which changed the moving average for the period of 200-days by -6.34% in comparison to the 20-day moving average, which settled at $20.84. In addition, Albertsons Companies Inc saw -12.04% 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 0.33. 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 wrap up, the performance of Albertsons Companies Inc (ACI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
