On Friday, Albertsons Companies Inc (NYSE: ACI) was -2.49% drop from the session before settling in for the closing price of $20.12. A 52-week range for ACI has been $19.25 – $23.88.
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A company in the Consumer Defensive sector has jumped its sales by 5.59% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -17.81%. With a float of $406.52 million, this company’s outstanding shares have now reached $576.05 million.
In an organization with 285000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 27.79%, operating margin of 2.73%, and the pretax margin is 1.78%.
Albertsons Companies Inc (ACI) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Albertsons Companies Inc stocks. The insider ownership of Albertsons Companies Inc is 29.80%, while institutional ownership is 51.32%. The most recent insider transaction that took place on May 01 ’24, was worth 493,087. In this transaction SVP & Chief Accounting Officer of this company sold 24,362 shares at a rate of $20.24, taking the stock ownership to the 50,241 shares. Before that another transaction happened on Apr 30 ’24, when Company’s Chief Tech &Transformation Off sold 100,000 for $20.35, making the entire transaction worth $2,035,000. This insider now owns 365,297 shares in total.
Albertsons Companies Inc (ACI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -17.81% per share during the next 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 52.11% growth over the previous five years of trading.
Albertsons Companies Inc (NYSE: ACI) Trading Performance Indicators
You can see what Albertsons Companies Inc (ACI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 13.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.92, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.40 in one year’s time.
Technical Analysis of Albertsons Companies Inc (ACI)
Let’s dig in a bit further. During the last 5-days, its volume was 3.1 million. That was better than the volume of 2.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.43%. Additionally, its Average True Range was 0.41.
During the past 100 days, Albertsons Companies Inc’s (ACI) raw stochastic average was set at 21.02%, which indicates a significant increase from 16.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.00% in the past 14 days, which was higher than the 15.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.96, while its 200-day Moving Average is $20.90. However, in the short run, Albertsons Companies Inc’s stock first resistance to watch stands at $20.01. Second resistance stands at $20.39. The third major resistance level sits at $20.73. If the price goes on to break the first support level at $19.29, it is likely to go to the next support level at $18.95. Assuming the price breaks the second support level, the third support level stands at $18.57.
Albertsons Companies Inc (NYSE: ACI) Key Stats
There are 579,090K outstanding shares of the company, which has a market capitalization of 11.36 billion. As of now, sales total 79,238 M while income totals 1,296 M. Its latest quarter income was 24,265 M while its last quarter net income were 240,700 K.
