Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Albertsons Companies Inc (NYSE: ACI) closed at $19.70 up 0.31% from its previous closing price of $19.64. In other words, the price has increased by $0.31 from its previous closing price. On the day, 4.71 million shares were traded. ACI stock price reached its highest trading level at $20.13 during the session, while it also had its lowest trading level at $19.45.
Ratios:
For a deeper understanding of Albertsons Companies Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.57. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Telsey Advisory Group on December 17, 2024, Upgraded its rating to Outperform and sets its target price to $26 from $21 previously.
Melius Upgraded its Hold to Buy on October 21, 2024, while the target price for the stock was maintained at $24.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 11413767168 and an Enterprise Value of 25330343936. As of this moment, Albertsons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.07, and their Forward P/E ratio for the next fiscal year is 8.54. 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 3.39. Its current Enterprise Value per Revenue stands at 0.318 whereas that against EBITDA is 6.556.
Stock Price History:
Over the past 52 weeks, ACI has reached a high of $22.03, while it has fallen to a 52-week low of $17.00. The 50-Day Moving Average of the stock is 1.17%, while the 200-Day Moving Average is calculated to be 0.28%.
Shares Statistics:
For the past three months, ACI has traded an average of 5.13M shares per day and 7409030 over the past ten days. A total of 579.36M shares are outstanding, with a floating share count of 420.04M. Insiders hold about 27.50% of the company’s shares, while institutions hold 49.89% stake in the company. Shares short for ACI as of 1734048000 were 10765393 with a Short Ratio of 2.01, compared to 1731628800 on 11498098. Therefore, it implies a Short% of Shares Outstanding of 10765393 and a Short% of Float of 2.56.
