Albertsons Companies (NYSE:ACI – Get Free Report)‘s stock had its “market perform” rating reissued by equities researchers at Telsey Advisory Group in a research report issued on Friday,Benzinga reports. They presently have a $13.00 price objective on the stock, down from their previous price objective of $22.00. Telsey Advisory Group’s target price points to a potential upside of 13.99% from the stock’s current price.
Several other research firms have also issued reports on ACI. JPMorgan Chase & Co. decreased their price target on shares of Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 30th. Weiss Ratings lowered Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Citigroup decreased their target price on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a report on Monday, June 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $21.00 target price on shares of Albertsons Companies in a research report on Monday, April 6th. Finally, BMO Capital Markets downgraded Albertsons Companies from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $23.00 to $12.00 in a report on Friday. Six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Albertsons Companies has a consensus rating of “Hold” and a consensus target price of $18.00.
View Our Latest Analysis on ACI
Albertsons Companies Price Performance
Albertsons Companies (NYSE:ACI – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.12). Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.The business had revenue of $24.94 billion during the quarter, compared to analyst estimates of $24.84 billion. During the same period in the prior year, the firm earned $0.55 EPS. The business’s revenue for the quarter was up .2% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, analysts expect that Albertsons Companies will post 2.11 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Albertsons Companies
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CWM LLC lifted its holdings in shares of Albertsons Companies by 103.5% in the fourth 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. NBC Securities Inc. raised its position in Albertsons Companies by 91.2% during 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 period. EverSource Wealth Advisors LLC raised its position in Albertsons Companies by 172.8% during 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 period. Allworth Financial LP lifted its stake in Albertsons Companies by 64.5% in the 3rd quarter. Allworth Financial LP now owns 2,799 shares of the company’s stock worth $49,000 after acquiring an additional 1,097 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in Albertsons Companies by 2,406.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock worth $69,000 after acquiring an additional 4,909 shares during the period. 71.35% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Albertsons Companies
Here are the key news stories impacting Albertsons Companies this week:
- Positive Sentiment: Revenue came in slightly ahead of expectations, and Albertsons continues to show strong cash generation and relatively modest leverage versus peers.
- Positive Sentiment: The company highlighted growth in digital and pharmacy businesses, which may help offset weakness in core grocery traffic over time.
- Neutral Sentiment: Albertsons launched its new ACI Edge transformation effort, including a new regional operating model and merchandising changes, aimed at improving efficiency and reversing sales declines. Article Title
- Neutral Sentiment: President and CFO Sharon McCollam plans to retire later this year, adding an executive transition during a period of strategic change. Article Title
- Negative Sentiment: Management cut fiscal 2026 guidance, including a lowered sales outlook and EPS range of 1.75 to 1.85, well below prior expectations, signaling margin pressure and softer consumer demand.
- Negative Sentiment: Wells Fargo downgraded Albertsons from overweight to equal weight and reduced its price target to $11, reinforcing sentiment that near-term upside is limited.
About Albertsons Companies
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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