Roth Capital Issues Negative Estimate for ACI Earnings

Albertsons Companies, Inc. (NYSE:ACI) – Investment analysts at Roth Capital lowered their Q4 2026 EPS estimates for Albertsons Companies in a research note issued on Tuesday, October 14th. Roth Capital analyst W. Kirk now forecasts that the company will earn $0.45 per share for the quarter, down from their previous forecast of $0.47. Roth Capital has a “Buy” rating and a $24.00 price target on the stock. The consensus estimate for Albertsons Companies’ current full-year earnings is $2.14 per share.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.01. The firm had revenue of $24.88 billion during the quarter, compared to analyst estimates of $24.68 billion. Albertsons Companies had a net margin of 1.20% and a return on equity of 36.39%. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.66 earnings per share.

ACI has been the topic of several other reports. Wells Fargo & Company decreased their price target on shares of Albertsons Companies from $27.00 to $23.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 7th. UBS Group dropped their price objective on shares of Albertsons Companies from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Wednesday. Royal Bank Of Canada lowered their price target on shares of Albertsons Companies from $23.00 to $21.00 and set an “outperform” rating on the stock in a research note on Friday, October 3rd. Tigress Financial reissued a “buy” rating and issued a $28.00 price objective on shares of Albertsons Companies in a research report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Albertsons Companies from $27.00 to $24.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 8th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.50.

Albertsons Companies Price Performance

Shares of Albertsons Companies stock opened at $19.77 on Friday. Albertsons Companies has a 1-year low of $16.70 and a 1-year high of $23.20. The company has a current ratio of 0.81, a quick ratio of 0.18 and a debt-to-equity ratio of 2.25. The firm’s 50-day moving average price is $18.55 and its two-hundred day moving average price is $20.43. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 11.70, a P/E/G ratio of 3.21 and a beta of 0.49.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $0.60 annualized dividend and a yield of 3.0%. Albertsons Companies’s dividend payout ratio is presently 35.50%.

Insider Activity at Albertsons Companies

In other news, insider Anuj Dhanda sold 230,000 shares of the firm’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $19.25, for a total transaction of $4,427,500.00. Following the completion of the transaction, the insider owned 300,577 shares of the company’s stock, valued at approximately $5,786,107.25. This trade represents a 43.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael T. Theilmann sold 100,000 shares of the stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $19.35, for a total transaction of $1,935,000.00. Following the sale, the executive vice president owned 338,429 shares of the company’s stock, valued at approximately $6,548,601.15. This trade represents a 22.81% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.35% of the company’s stock.

Institutional Investors Weigh In On Albertsons Companies

Large investors have recently modified their holdings of the company. West Oak Capital LLC acquired a new stake in Albertsons Companies in the second quarter worth $30,000. Harbor Capital Advisors Inc. boosted its holdings in Albertsons Companies by 130.4% during the third quarter. Harbor Capital Advisors Inc. now owns 1,461 shares of the company’s stock worth $26,000 after purchasing an additional 827 shares during the last quarter. SVB Wealth LLC purchased a new position in Albertsons Companies during the first quarter worth about $32,000. Allworth Financial LP raised its position in Albertsons Companies by 98.4% in the second quarter. Allworth Financial LP now owns 1,702 shares of the company’s stock worth $37,000 after acquiring an additional 844 shares during the period. Finally, Bessemer Group Inc. bought a new stake in Albertsons Companies in the first quarter worth about $40,000. 71.35% of the stock is currently owned by institutional investors and hedge funds.

Albertsons Companies Company Profile

Albertsons Companies, Inc, through its subsidiaries, engages in the operation of food and drug stores in the United States. The company’s food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores.