Albertsons Companies Inc (NYSE: ACI) on Friday, soared 3.09% from the previous trading day, before settling in for the closing price of $18.10. Within the past 52 weeks, ACI’s price has moved between $17.80 and $23.47.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 5.59%. The company achieved an average annual earnings per share of -21.07%. With a float of $419.96 million, this company’s outstanding shares have now reached $576.05 million.
The extent of productivity of a business whose workforce counts for 285000 workers is very important to gauge. 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
Observing investor behavior towards Grocery Stores industry stocks is more important than anything else. The insider ownership of Albertsons Companies Inc is 27.51%, while institutional ownership is 50.55%. 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
According to the Wall Street analysts, stocks earnings will be around -21.07% 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
Albertsons Companies Inc (ACI) is currently performing well based on its current performance indicators. A quick ratio of 0.22 was reported for the most recent quarter. 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 14.17.
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 2.29 in one year’s time.
Technical Analysis of Albertsons Companies Inc (ACI)
The latest stats from [Albertsons Companies Inc, ACI] show that its last 5-days average volume of 3.45 million was superior to 3.05 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.28%. Additionally, its Average True Range was 0.34.
During the past 100 days, Albertsons Companies Inc’s (ACI) raw stochastic average was set at 26.91%, which indicates a significant decrease from 63.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.10% in the past 14 days, which was higher than the 20.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.76, while its 200-day Moving Average is $20.09. Now, the first resistance to watch is $18.84. This is followed by the second major resistance level at $19.01. The third major resistance level sits at $19.35. If the price goes on to break the first support level at $18.33, it is likely to go to the next support level at $17.99. The third support level lies at $17.82 if the price breaches the second support level.
Albertsons Companies Inc (NYSE: ACI) Key Stats
Market capitalization of the company is 11.15 billion based on 579,348K outstanding shares. Right now, sales total 79,238 M and income totals 1,296 M. The company made 18,552 M in profit during its latest quarter, and 145,500 K in sales during its previous quarter.
