Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Albertsons Companies Inc (NYSE: ACI) closed the day trading at $20.56 up 0.15% from the previous closing price of $20.53. In other words, the price has increased by $0.15 from its previous closing price. On the day, 4.04 million shares were traded.
Ratios:
For a better understanding of ACI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 4.22 whereas as Long-Term Debt/Eq ratio is at 4.00.
Telsey Advisory Group Upgraded its Market Perform to Outperform on December 17, 2024, whereas the target price for the stock was revised from $21 to $26.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 01 ’24 when Larson Robert Bruce sold 24,362 shares for $20.24 per share. The transaction valued at 493,087 led to the insider holds 50,241 shares of the business.
DHANDA ANUJ sold 100,000 shares of ACI for $2,035,000 on Apr 30 ’24. The Chief Tech &Transformation Off now owns 365,297 shares after completing the transaction at $20.35 per share.
Valuation Measures:
As of this moment, Albertsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.56, and their Forward P/E ratio for the next fiscal year is 8.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 3.54.
Stock Price History:
Over the past 52 weeks, ACI has reached a high of $21.75, while it has fallen to a 52-week low of $17.00. The 50-Day Moving Average of the stock is 3.06%, while the 200-Day Moving Average is calculated to be 4.70%.
Shares Statistics:
A total of 579.36M shares are outstanding, with a floating share count of 419.29M. Insiders hold about 27.63% of the company’s shares, while institutions hold 51.96% stake in the company.
