On Monday, Albertsons Companies Inc (NYSE: ACI) opened lower -0.33% from the last session, before settling in for the closing price of $21.03. Price fluctuations for ACI have ranged from $19.88 to $23.88 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.48%. With a float of $333.11 million, this company’s outstanding shares have now reached $569.67 million.
Considering the fact that the conglomerate employs 290000 people, you should pay attention to its efficiency factor.
Albertsons Companies Inc (ACI) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Grocery Stores industry is another important factor to consider. The insider ownership of Albertsons Companies Inc is 42.17%, while institutional ownership is 45.84%. The most recent insider transaction that took place on Apr 27 ’23, was worth 681,797. In this transaction Chief Accounting Officer of this company sold 32,544 shares at a rate of $20.95, taking the stock ownership to the 50,241 shares.
Albertsons Companies Inc (ACI) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 11/29/2023, the company posted $0.79 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.66) by $0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.8 per share during the current fiscal year.
For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 87.96% growth over the previous five years of trading.
Albertsons Companies Inc (NYSE: ACI) Trading Performance Indicators
Check out the current performance indicators for Albertsons Companies Inc (ACI). In the past quarter, the stock posted a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15. Likewise, its price to free cash flow for the trailing twelve months is 30.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.31 and is forecasted to reach 2.61 in one year’s time.
Technical Analysis of Albertsons Companies Inc (ACI)
Compared to the last year’s volume of 3.57 million, its volume of 2.94 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.94%. Additionally, its Average True Range was 0.30.
During the past 100 days, Albertsons Companies Inc’s (ACI) raw stochastic average was set at 27.87%, which indicates a significant decrease from 34.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.21% in the past 14 days, which was lower than the 14.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.07, while its 200-day Moving Average is $21.92. Nevertheless, the first resistance level for the watch stands at $21.09 in the near term. At $21.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.34. If the price goes on to break the first support level at $20.84, it is likely to go to the next support level at $20.72. Now, if the price goes above the second support level, the third support stands at $20.59.
Albertsons Companies Inc (NYSE: ACI) Key Stats
There are currently 576,040K shares outstanding in the company with a market cap of 12.07 billion. Presently, the company’s annual sales total 77,650 M according to its annual income of 1,514 M. Last quarter, the company’s sales amounted to 18,557 M and its income totaled 361,400 K.
