Closing Figures Unveiled: Albertsons Companies Inc (ACI) Gain 0.66, Closes at 19.83

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Albertsons Companies Inc (NYSE: ACI) closed the day trading at $19.83 up 0.66% from the previous closing price of $19.70. In other words, the price has increased by $0.66 from its previous closing price. On the day, 2.58 million shares were traded. ACI stock price reached its highest trading level at $19.91 during the session, while it also had its lowest trading level at $19.6644.

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 36.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 4.85 whereas as Long-Term Debt/Eq ratio is at 4.59.

On April 26, 2023, Tigress Financial Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $32 to $27.

On December 06, 2022, Bernstein started tracking the stock assigning a Outperform rating and target price of $26.Bernstein initiated its Outperform rating on December 06, 2022, with a $26 target price.

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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACI now has a Market Capitalization of 11641617408 and an Enterprise Value of 25238534144. As of this moment, Albertsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.31, and their Forward P/E ratio for the next fiscal year is 8.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 3.94. Its current Enterprise Value per Revenue stands at 0.318 whereas that against EBITDA is 6.399.

Stock Price History:

Over the past 52 weeks, ACI has reached a high of $23.88, while it has fallen to a 52-week low of $19.33. The 50-Day Moving Average of the stock is -1.09%, while the 200-Day Moving Average is calculated to be -6.04%.

Shares Statistics:

Over the past 3-months, ACI traded about 2.30M shares per day on average, while over the past 10 days, ACI traded about 2836360 shares per day. A total of 576.05M shares are outstanding, with a floating share count of 406.64M. Insiders hold about 29.79% of the company’s shares, while institutions hold 51.00% stake in the company. Shares short for ACI as of 1721001600 were 12816045 with a Short Ratio of 5.57, compared to 1718323200 on 12094440. Therefore, it implies a Short% of Shares Outstanding of 12816045 and a Short% of Float of 3.05.

Dividends & Splits

ACI’s forward annual dividend rate is 0.48, up from 0.48 a year ago. Against a Trailing Annual Dividend Yield of 0.024365481

Most Popular