Albertsons Companies (ACI) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $19.30 to $19.63
• 50-Day Range: $18.02 to $19.53
• 52-Week Range: $17.80 to $23.47
• Volume: 546,676 shs
• Average Volume: 3.02 million shs
• Market Capitalization: $11.31 billion
• P/E Ratio: 11.42
• Dividend Yield: 2.46%
• Price Target: $23.58
• Consensus Rating: Moderate Buy

Albertsons Companies Stock Analysis - MarketRank™

Albertsons Companies scored higher than 88% of companies evaluated by MarketBeat, and ranked 28th out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Albertsons Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Albertsons Companies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 2.82%

Earnings Growth

Earnings for Albertsons Companies are expected to grow by 2.82% in the coming year, from $2.13 to $2.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Albertsons Companies is 11.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Albertsons Companies is 11.33, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 17.84.

Price to Earnings Growth Ratio

Albertsons Companies has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Albertsons Companies has a P/B Ratio of 4.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.57% of the float of Albertsons Companies has been sold short.

Short Interest Ratio / Days to Cover

Albertsons Companies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Albertsons Companies has recently decreased by 22.69%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Albertsons Companies pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Albertsons Companies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Albertsons Companies is 28.07%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Albertsons Companies will have a dividend payout ratio of 21.92% next year. This indicates that Albertsons Companies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.57% of the float of Albertsons Companies has been sold short.

Short Interest Ratio / Days to Cover

Albertsons Companies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Albertsons Companies has recently decreased by 22.69%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.89

News Sentiment

Albertsons Companies has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Albertsons Companies this week, compared to 8 articles on an average week.

Search Interest

15 people have searched for ACI on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

7 people have added Albertsons Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Albertsons Companies insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.26% of the stock of Albertsons Companies is held by insiders.

Percentage Held by Institutions

71.35% of the stock of Albertsons Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ACI Stock Analysis - Frequently Asked Questions

How have ACI shares performed this year?

Albertsons Companies' stock was trading at $23.00 at the start of the year. Since then, ACI stock has decreased by 15.8% and is now trading at $19.37.
View the best growth stocks for 2024 here.

How were Albertsons Companies' earnings last quarter?

Albertsons Companies, Inc. (NYSE:ACI) announced its quarterly earnings data on Tuesday, October, 15th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. Albertsons Companies's revenue for the quarter was up 1.4% on a year-over-year basis.

When did Albertsons Companies IPO?

Albertsons Companies (ACI) raised $1.3 billion in an initial public offering (IPO) 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 acted 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?

Top institutional investors of Albertsons Companies include FMR LLC (2.91%), Geode Capital Management LLC (1.56%), State Street Corp (1.49%) and Parsifal Capital Management LP (1.48%). 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 American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR) and Humana (HUM).

Company Calendar

• Last Earnings: 10/15/2024
• Ex-Dividend for 11/8 Dividend: 10/28/2024
• Dividend Payable: 11/08/2024
• Today: 11/25/2024
• Next Earnings (Estimated): 1/14/2025
• Fiscal Year End: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Grocery stores
• Sub-Industry: N/A
• Current Symbol: NYSE:ACI
• CUSIP: N/A
• CIK: 1646972
• Web: www.albertsonscompanies.com
• Phone: 208-395-6200
• Fax: N/A
• Employees: 200,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $23.58
• High Stock Price Target: $27.25
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +21.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.71
• Trailing P/E Ratio: 11.33
• Forward P/E Ratio: 9.09
• P/E Growth: 1.12
• Net Income: $1.30 billion
• Net Margins: 1.25%
• Pretax Margin: 1.59%
• Return on Equity: 49.50%
• Return on Assets: 5.27%

Debt

• Debt-to-Equity Ratio: 2.58
• Current Ratio: 0.90
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: $79.24 billion
• Price / Sales: 0.14
• Cash Flow: $7.15 per share
• Price / Cash Flow: 2.71
• Book Value: $4.77 per share
• Price / Book: 4.06

Miscellaneous

• Outstanding Shares: 579,350,000
• Free Float: 572,048,000
• Market Cap: $11.22 billion
• Optionable: Not Optionable
• Beta: 0.49