For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Albertsons Companies Inc (NYSE: ACI) closed the day trading at $20.06 down -1.28% from the previous closing price of $20.32. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 3.7 million shares were traded. ACI stock price reached its highest trading level at $20.36 during the session, while it also had its lowest trading level at $19.845.
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 53.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 5.18 whereas as Long-Term Debt/Eq ratio is at 4.83.
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 Apr 27 ’23 when Larson Robert Bruce sold 32,544 shares for $20.95 per share. The transaction valued at 681,797 led to the insider holds 50,241 shares of the business.
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 11732933632 and an Enterprise Value of 25610196992. As of this moment, Albertsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.00, and their Forward P/E ratio for the next fiscal year is 7.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. 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 4.21. Its current Enterprise Value per Revenue stands at 0.323 whereas that against EBITDA is 6.314.
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 $19.88. The 50-Day Moving Average of the stock is -3.87%, while the 200-Day Moving Average is calculated to be -8.21%.
Shares Statistics:
Over the past 3-months, ACI traded about 3.37M shares per day on average, while over the past 10 days, ACI traded about 2839910 shares per day. A total of 576.05M shares are outstanding, with a floating share count of 333.90M. Insiders hold about 42.17% of the company’s shares, while institutions hold 45.71% stake in the company. Shares short for ACI as of 1711584000 were 12573988 with a Short Ratio of 3.73, compared to 1709164800 on 14387079. Therefore, it implies a Short% of Shares Outstanding of 12573988 and a Short% of Float of 3.01.
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 0.023622047
