Market Momentum: Albertsons Companies Inc (ACI) Registers a 0.67 Increase, Closing at 18.06

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Albertsons Companies Inc (NYSE: ACI) closed the day trading at $18.06 up 0.67% from the previous closing price of $17.94. In other words, the price has increased by $0.67 from its previous closing price. On the day, 4.23 million shares were traded. ACI stock price reached its highest trading level at $18.07 during the session, while it also had its lowest trading level at $17.795.

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 32.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.60. 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 10459159552 and an Enterprise Value of 24288753664. As of this moment, Albertsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.39, and their Forward P/E ratio for the next fiscal year is 7.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 0.306 whereas that against EBITDA is 6.158.

Stock Price History:

Over the past 52 weeks, ACI has reached a high of $23.77, while it has fallen to a 52-week low of $17.90. The 50-Day Moving Average of the stock is -9.10%, while the 200-Day Moving Average is calculated to be -13.34%.

Shares Statistics:

Over the past 3-months, ACI traded about 2.90M shares per day on average, while over the past 10 days, ACI traded about 4371280 shares per day. A total of 576.05M shares are outstanding, with a floating share count of 406.52M. Insiders hold about 29.80% of the company’s shares, while institutions hold 51.27% stake in the company. Shares short for ACI as of 1723680000 were 12473971 with a Short Ratio of 4.30, compared to 1721001600 on 12816045. Therefore, it implies a Short% of Shares Outstanding of 12473971 and a Short% of Float of 2.97.

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 0.02675585

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