Albertsons Companies (NYSE:ACI) Stock Price Up 5% – What’s Next?

Albertsons Companies, Inc. (NYSE:ACIGet Free Report)’s stock price shot up 5% on Tuesday . The company traded as high as $17.69 and last traded at $17.6490. 1,855,361 shares changed hands during trading, a decline of 74% from the average session volume of 7,076,243 shares. The stock had previously closed at $16.81.

Analyst Ratings Changes

Several brokerages recently commented on ACI. Weiss Ratings cut shares of Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. UBS Group dropped their target price on shares of Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, April 15th. JPMorgan Chase & Co. decreased their price target on Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Citigroup lowered their price target on Albertsons Companies from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $21.00 price objective on shares of Albertsons Companies in a research note on Monday, April 6th. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Albertsons Companies has an average rating of “Hold” and an average target price of $21.31.

View Our Latest Analysis on Albertsons Companies

Albertsons Companies Stock Performance

The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The stock’s 50 day moving average is $16.90 and its 200 day moving average is $17.32. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 53.86, a PEG ratio of 1.88 and a beta of 0.43.

Albertsons Companies (NYSE:ACIGet Free Report) last announced its quarterly earnings results on Tuesday, April 14th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.05. Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The company had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $20.49 billion. During the same quarter in the prior year, the firm earned $0.46 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. On average, analysts predict that Albertsons Companies, Inc. will post 2.11 earnings per share for the current year.

Albertsons Companies Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Albertsons Companies’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 4.0%. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Institutional Trading of Albertsons Companies

Several institutional investors and hedge funds have recently made changes to their positions in ACI. CWM LLC lifted its holdings in Albertsons Companies by 103.5% in the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Albertsons Companies by 185.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock worth $28,000 after buying an additional 1,057 shares in the last quarter. NBC Securities Inc. raised its position in shares of Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock valued at $32,000 after buying an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Albertsons Companies by 172.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after buying an additional 1,306 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Albertsons Companies by 32.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,524 shares of the company’s stock valued at $44,000 after buying an additional 625 shares during the period. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

Albertsons Companies Company Profile

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Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.

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