Albertsons Companies Inc (ACI) volume exceeds 10.37 million: A new investment opportunity for investors

Albertsons Companies Inc (NYSE: ACI) kicked off on Friday, up 1.99% from the previous trading day, before settling in for the closing price of $19.12. Over the past 52 weeks, ACI has traded in a range of $17.00-$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%. While this was happening, its average annual earnings per share was recorded -21.23%. With a float of $420.02 million, this company’s outstanding shares have now reached $579.31 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 Updates

Our next focus will be how large-scale investors are participating in this stock of the Grocery Stores Industry. The insider ownership of Albertsons Companies Inc is 27.50%, while institutional ownership is 49.80%. 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 -21.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.82% 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

Take a look at Albertsons Companies Inc’s (ACI) current performance indicators. Last quarter, 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 0.14. Likewise, its price to free cash flow for the trailing twelve months is 14.65.

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 2.30 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 14.69 million was superior to 3.24 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 72.19%. Additionally, its Average True Range was 0.58.

During the past 100 days, Albertsons Companies Inc’s (ACI) raw stochastic average was set at 62.34%, which indicates a significant decrease from 87.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.73% in the past 14 days, which was higher than the 23.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.85, while its 200-day Moving Average is $19.77. Now, the first resistance to watch is $19.74. This is followed by the second major resistance level at $19.99. The third major resistance level sits at $20.42. If the price goes on to break the first support level at $19.07, it is likely to go to the next support level at $18.64. Assuming the price breaks the second support level, the third support level stands at $18.40.

Albertsons Companies Inc (NYSE: ACI) Key Stats

The company with the Market Capitalisation of 11.52 billion has total of 579,348K Shares Outstanding. Its annual sales at the moment are 79,238 M in contrast with the sum of 1,296 M annual income. Company’s last quarter sales were recorded 18,552 M and last quarter income was 145,500 K.