Albertsons Companies (NYSE:ACI) Reaches New 52-Week Low – What’s Next?

Albertsons Companies, Inc. (NYSE:ACI) hit a new 52-week low on Monday . The company traded as low as $15.80 and last traded at $15.8750, with a volume of 1225473 shares trading hands. The stock had previously closed at $16.02.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ACI. Royal Bank Of Canada restated an “outperform” rating and set a $21.00 price objective on shares of Albertsons Companies in a research note on Monday, April 6th. Morgan Stanley restated an “underweight” rating and set a $14.00 price objective (down from $20.00) on shares of Albertsons Companies in a research note on Thursday, January 15th. UBS Group lowered their price objective on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. JPMorgan Chase & Co. lowered their price objective on Albertsons Companies from $23.00 to $22.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Finally, Weiss Ratings lowered Albertsons Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $21.31.

Albertsons Companies Trading Down 0.9%

The business has a 50 day simple moving average of $17.08 and a two-hundred day simple moving average of $17.46. The company has a current ratio of 0.86, a quick ratio of 0.20 and a debt-to-equity ratio of 4.58. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 49.63, a price-to-earnings-growth ratio of 1.83 and a beta of 0.43.

Albertsons Companies (NYSE:ACI) last released its earnings results on Tuesday, April 14th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.05. Albertsons Companies had a return on equity of 42.75% and a net margin of 0.26%.The company had revenue of $20.25 billion for the quarter, compared to the consensus estimate of $20.49 billion. During the same quarter last year, the business posted $0.46 EPS. Albertsons Companies’s quarterly revenue was up 7.7% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 2.220-2.320 EPS. As a group, equities analysts anticipate that Albertsons Companies, Inc. will post 2.11 EPS for the current year.

Albertsons Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, April 24th. This represents a $0.68 dividend on an annualized basis and a yield of 4.3%. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.15. Albertsons Companies’s dividend payout ratio (DPR) is 212.50%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Mason Investment Advisory Services Inc. lifted its holdings in Albertsons Companies by 0.8% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 79,188 shares of the company’s stock worth $1,387,000 after buying an additional 602 shares during the last quarter. Okabena Investment Services Inc. lifted its holdings in Albertsons Companies by 1.0% during the 3rd quarter. Okabena Investment Services Inc. now owns 63,122 shares of the company’s stock worth $1,105,000 after buying an additional 602 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Albertsons Companies by 32.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,524 shares of the company’s stock worth $44,000 after buying an additional 625 shares during the last quarter. Twin Capital Management Inc. lifted its holdings in Albertsons Companies by 1.7% during the 1st quarter. Twin Capital Management Inc. now owns 43,912 shares of the company’s stock worth $748,000 after buying an additional 721 shares during the last quarter. Finally, Bank of Nova Scotia lifted its holdings in Albertsons Companies by 5.4% during the 2nd quarter. Bank of Nova Scotia now owns 14,041 shares of the company’s stock worth $302,000 after buying an additional 723 shares during the last quarter. Institutional investors own 71.35% of the company’s stock.

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.