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NYSE:ACI

Albertsons Companies (ACI) Stock Price, News & Analysis

$20.28
-0.47 (-2.27%)
(As of 08/21/2024 ET)
Today's Range
$20.17
$20.90
50-Day Range
$19.25
$20.90
52-Week Range
$19.25
$23.88
Volume
2.69 million shs
Average Volume
2.90 million shs
Market Capitalization
$11.74 billion
P/E Ratio
9.09
Dividend Yield
2.37%
Price Target
$24.45

Albertsons Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.6% Upside
$24.45 Price Target
Short Interest
Healthy
3.07% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.01mentions of Albertsons Companies in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.77%
From $2.26 to $2.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.74 out of 5 stars

Consumer Defensive Sector

8th out of 9 stocks

Grocery Stores Industry

5th out of 9 stocks

ACI stock logo

About Albertsons Companies Stock (NYSE:ACI)

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. It operates stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and pharmacies, in-store branded coffee shops, adjacent fuel centers, distribution centers, and manufacturing facilities, as well as various digital platforms. Albertsons Companies, Inc. was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies, Inc. operates as a subsidiary of Albertsons Investor Holdings LLC.

ACI Stock Price History

ACI Stock News Headlines

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Company Calendar

Last Earnings
7/23/2024
Ex-Dividend for 8/9 Dividend
7/26/2024
Dividend Payable
8/09/2024
Today
8/21/2024
Next Earnings (Estimated)
10/15/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
Fax
N/A
Employees
108,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.45
High Stock Price Target
$27.25
Low Stock Price Target
$22.00
Potential Upside/Downside
+20.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$1.30 billion
Pretax Margin
1.78%

Debt

Sales & Book Value

Annual Sales
$79.45 billion
Cash Flow
$7.24 per share
Book Value
$5.03 per share

Miscellaneous

Free Float
571,793,000
Market Cap
$11.74 billion
Optionable
Not Optionable
Beta
0.49
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Key Executives


ACI Stock Analysis - Frequently Asked Questions

How have ACI shares performed this year?

Albertsons Companies' stock was trading at $23.00 at the beginning of the year. Since then, ACI shares have decreased by 11.8% and is now trading at $20.28.
View the best growth stocks for 2024 here
.

How were Albertsons Companies' earnings last quarter?

Albertsons Companies, Inc. (NYSE:ACI) posted its quarterly earnings results on Tuesday, July, 23rd. The company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.01. The firm's revenue for the quarter was up .9% on a year-over-year basis.

What is Paul Lang's approval rating as Albertsons Companies' CEO?

1 employees have rated Albertsons Companies Chief Executive Officer Paul Lang on Glassdoor.com. Paul Lang has an approval rating of 100% among the company's employees. This puts Paul Lang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Albertsons Companies IPO?

Albertsons Companies (ACI) raised $1.3 billion in an initial public offering on Friday, June 26th 2020. The company issued 65,800,000 shares at $18.00-$20.00 per share. BofA Securities, Goldman Sachs, J.P. Morgan and Citigroup served as the underwriters for the IPO and Credit Suisse, Morgan Stanley, Wells Fargo Securities, Barclays, Deutsche Bank Securities, BMO Capital Markets, Evercore ISI, Guggenheim Securities, Oppenheimer, RBC Capital Markets, Telsey Advisory Group, MUFG, Academy Securities, Blaylock Van, Drexel Hamilton, Loop Capital Markets, Penserra Securities, Ramirez, Stern and Tigress Financial Partners were co-managers.

Who are Albertsons Companies' major shareholders?

Albertsons Companies' top institutional investors include LSV Asset Management (0.87%), Massachusetts Financial Services Co. MA (0.85%), Marshall Wace LLP (0.85%) and Dimensional Fund Advisors LP (0.80%). Insiders that own company stock include Realty Corp Kimco, Susan Morris, Anuj Dhanda, Robert Bruce Larson, Omer Gajial and Evan Rainwater.
View institutional ownership trends
.

How do I buy shares of Albertsons Companies?

Shares of ACI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Albertsons Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Albertsons Companies investors own include NVIDIA (NVDA), Verizon Communications (VZ), Pfizer (PFE), QUALCOMM (QCOM), Boeing (BA), Johnson & Johnson (JNJ) and Tesla (TSLA).

This page (NYSE:ACI) was last updated on 8/22/2024 by MarketBeat.com Staff

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