The price-to-earnings ratio for Albertsons Companies Inc (NYSE: ACI) is above average at 9.63x. The 36-month beta value for ACI is also noteworthy at 0.49. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
The public float for ACI is 406.54M, and at present, short sellers hold a 4.07% of that float. The average trading volume of ACI on September 24, 2024 was 3.14M shares.
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ACI) stock’s latest price update
The stock price of Albertsons Companies Inc (NYSE: ACI) has plunged by -0.75 when compared to previous closing price of 18.67, but the company has seen a -1.75% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-20 that I am initiating coverage with a ‘Buy’ rating due to their mature business model, expanding margins, and modest valuation despite significant stock appreciation. Financially, ACI has shown renewed revenue growth, margin expansion, and healthy cash generation, positioning them well despite a mature business cycle. Despite past inconsistencies in meeting forecasts, ACI appears undervalued compared to peers, suggesting potential for continued outperformance for long-term investors.
ACI’s Market Performance
Albertsons Companies Inc (ACI) has seen a -1.75% fall in stock performance for the week, with a -10.70% decline in the past month and a -6.37% plunge in the past quarter. The volatility ratio for the week is 1.84%, and the volatility levels for the past 30 days are at 2.25% for ACI. The simple moving average for the past 20 days is -3.55% for ACI’s stock, with a -10.52% simple moving average for the past 200 days.
Analysts’ Opinion of ACI
Many brokerage firms have already submitted their reports for ACI stocks, with ROTH MKM repeating the rating for ACI by listing it as a “Buy.” The predicted price for ACI in the upcoming period, according to ROTH MKM is $24 based on the research report published on April 23, 2024 of the current year 2024.
Tigress Financial, on the other hand, stated in their research note that they expect to see ACI reach a price target of $27, previously predicting the price at $32. The rating they have provided for ACI stocks is “Buy” according to the report published on April 26th, 2023.
Bernstein gave a rating of “Outperform” to ACI, setting the target price at $26 in the report published on December 06th of the previous year.
ACI Trading at -5.86% 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 -21.05% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares sank -11.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.97% lower at present.
During the last 5 trading sessions, ACI fell by -1.75%, which changed the moving average for the period of 200-days by -14.96% in comparison to the 20-day moving average, which settled at $19.09. In addition, Albertsons Companies Inc saw -19.43% 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 24,362 shares at the price of $20.24 back on May 01 ’24. After this action, Larson Robert Bruce now owns 50,241 shares of Albertsons Companies Inc, valued at $493,087 using the latest closing price.
DHANDA ANUJ, the Chief Tech &Transformation Off of Albertsons Companies Inc, sale 100,000 shares at $20.35 during a trade that took place back on Apr 30 ’24, which means that DHANDA ANUJ is holding 365,297 shares at $2,035,000 based on the most recent 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 0.01. The total capital return value is set at 0.11. Equity return is now at value 45.57, with 4.31 for asset returns.
Based on Albertsons Companies Inc (ACI), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 2.93. The interest coverage ratio of the stock is 4.48.
Currently, EBITDA for the company is 4.77 billion with net debt to EBITDA at 3.38. When we switch over and look at the enterprise to sales, we see a ratio of 0.31. The receivables turnover for the company is 98.16for trailing twelve months and the total asset turnover is 3.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.
Conclusion
In summary, Albertsons Companies Inc (ACI) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
