A new trading day began on Tuesday, with Albertsons Companies Inc (NYSE: ACI) stock price down -1.07% from the previous day of trading, before settling in for the closing price of $18.74. ACI’s price has ranged from $17.80 to $23.47 over the past 52 weeks.
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Annual sales at Consumer Defensive sector company grew by 5.59% over the past five years. Meanwhile, its annual earnings per share averaged -20.66%. With a float of $419.96 million, this company’s outstanding shares have now reached $576.05 million.
Let’s look at the performance matrix of the company that is accounted for 285000 employees. In terms of profitability, gross margin is 27.8%, operating margin of 2.5%, and the pretax margin is 1.59%.
Albertsons Companies Inc (ACI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Grocery Stores Industry. The insider ownership of Albertsons Companies Inc is 27.51%, while institutional ownership is 50.50%. 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) Latest Financial update
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 0.79 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.82% 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
Here are Albertsons Companies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13. Likewise, its price to free cash flow for the trailing twelve months is 13.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.72, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 2.31 in one year’s time.
Technical Analysis of Albertsons Companies Inc (ACI)
Albertsons Companies Inc (NYSE: ACI) saw its 5-day average volume 4.04 million, a positive change from its year-to-date volume of 3.05 million. As of the previous 9 days, the stock’s Stochastic %D was 65.88%. Additionally, its Average True Range was 0.32.
During the past 100 days, Albertsons Companies Inc’s (ACI) raw stochastic average was set at 23.17%, which indicates a significant decrease from 41.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.01% in the past 14 days, which was higher than the 18.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.10, while its 200-day Moving Average is $20.26. Nevertheless, the first resistance level for the watch stands at $18.72 in the near term. At $18.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.03. If the price goes on to break the first support level at $18.41, it is likely to go to the next support level at $18.29. The third support level lies at $18.10 if the price breaches the second support level.
Albertsons Companies Inc (NYSE: ACI) Key Stats
With a market capitalization of 10.74 billion, the company has a total of 579,090K Shares Outstanding. Currently, annual sales are 79,238 M while annual income is 1,296 M. The company’s previous quarter sales were 18,552 M while its latest quarter income was 145,500 K.
