Albertsons Companies, Inc. (NYSE:ACI) Receives $15.31 Consensus Target Price from Brokerages

Albertsons Companies, Inc. (NYSE:ACI) has earned an average rating of “Hold” from the seventeen analysts that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $15.3077.

Several analysts have recently issued reports on ACI shares. Zacks Research downgraded Albertsons Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Royal Bank Of Canada cut their price objective on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating on the stock in a research note on Friday, July 24th. Barclays cut their price objective on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating on the stock in a research note on Friday, July 24th. The Goldman Sachs Group decreased their target price on Albertsons Companies from $24.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Finally, Citigroup reaffirmed a “neutral” rating and set a $11.00 target price (down from $17.00) on shares of Albertsons Companies in a research report on Monday, July 27th.

Insider Buying and Selling at Albertsons Companies

In other Albertsons Companies news, CFO Sharon Mccollam acquired 9,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were acquired at an average cost of $11.48 per share, for a total transaction of $103,320.00. Following the completion of the purchase, the chief financial officer owned 567,051 shares of the company’s stock, valued at approximately $6,509,745.48. This trade represents a 1.61% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Susan Morris acquired 39,409 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was acquired at an average price of $11.42 per share, for a total transaction of $450,050.78. Following the completion of the purchase, the chief executive officer directly owned 1,092,956 shares of the company’s stock, valued at $12,481,557.52. This trade represents a 3.74% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 218,909 shares of company stock worth $2,515,826 over the last ninety days. Company insiders own 1.18% of the company’s stock.

Institutional Trading of Albertsons Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACI. CWM LLC boosted its position in shares of Albertsons Companies by 103.5% in the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 730 shares during the period. NBC Securities Inc. increased its position in Albertsons Companies by 91.2% during the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after acquiring an additional 885 shares during the period. EverSource Wealth Advisors LLC increased its position in Albertsons Companies by 172.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after acquiring an additional 1,306 shares during the period. Versant Capital Management Inc raised its stake in Albertsons Companies by 2,406.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after purchasing an additional 4,909 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in Albertsons Companies by 44.2% during the 4th quarter. Fifth Third Bancorp now owns 4,412 shares of the company’s stock valued at $76,000 after purchasing an additional 1,353 shares during the last quarter. Institutional investors and hedge funds own 71.35% of the company’s stock.

Albertsons Companies Stock Up 0.1%

Albertsons Companies stock opened at $12.44 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.21 and a debt-to-equity ratio of 5.22. Albertsons Companies has a 1-year low of $10.86 and a 1-year high of $20.00. The firm’s fifty day simple moving average is $13.57 and its 200-day simple moving average is $15.80. The company has a market capitalization of $6.04 billion, a P/E ratio of 155.44, a P/E/G ratio of 2.12 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). Albertsons Companies had a return on equity of 45.59% and a net margin of 0.08%.The business had revenue of $24.94 billion during the quarter, compared to the consensus estimate of $24.84 billion. During the same quarter in the prior year, the company posted $0.55 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Sell-side analysts forecast that Albertsons Companies will post 1.65 earnings per share for the current fiscal year.

Albertsons Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Shareholders of record on Friday, July 24th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $0.68 dividend on an annualized basis and a yield of 5.5%. Albertsons Companies’s payout ratio is currently 850.00%.

Albertsons Companies Company Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.