Albertsons Companies (NYSE:ACI) Given New $13.00 Price Target at Royal Bank Of Canada

Albertsons Companies (NYSE:ACI) had its price objective lowered by Royal Bank Of Canada from $20.00 to $13.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 19.21% from the company’s current price.

ACI has been the topic of a number of other reports. Wells Fargo & Company downgraded shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $18.00 to $11.00 in a report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday, June 30th. Weiss Ratings downgraded Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Citigroup decreased their target price on shares of Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a research report on Monday, June 29th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $13.00 target price (down from $22.00) on shares of Albertsons Companies in a research note on Friday. Six research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $16.92.

Albertsons Companies Stock Down 4.7%

NYSE:ACI traded down $0.54 on Friday, hitting $10.90. The stock had a trading volume of 2,751,962 shares, compared to its average volume of 7,502,228. The firm’s fifty day simple moving average is $14.94 and its two-hundred day simple moving average is $16.39. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86. Albertsons Companies has a 1 year low of $10.88 and a 1 year high of $20.47. The stock has a market cap of $5.34 billion, a P/E ratio of 34.02, a price-to-earnings-growth ratio of 1.67 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.12). Albertsons Companies had a net margin of 0.26% and a return on equity of 42.75%. The company had revenue of $24.94 billion for the quarter, compared to the consensus estimate of $24.84 billion. During the same quarter in the previous year, the company posted $0.55 EPS. Albertsons Companies’s quarterly revenue was up .2% compared to the same quarter last year. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. Analysts predict that Albertsons Companies will post 2.11 earnings per share for the current year.

Hedge Funds Weigh In On Albertsons Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC grew its holdings in Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares during the period. NBC Securities Inc. raised its holdings in Albertsons Companies by 91.2% in the fourth quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after purchasing an additional 885 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Albertsons Companies by 172.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock valued at $35,000 after buying an additional 1,306 shares in the last quarter. Allworth Financial LP grew its holdings in Albertsons Companies by 64.5% in the third quarter. Allworth Financial LP now owns 2,799 shares of the company’s stock valued at $49,000 after purchasing an additional 1,097 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of Albertsons Companies by 2,406.4% in the second quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock worth $69,000 after buying an additional 4,909 shares in the last quarter. 71.35% of the stock is owned by institutional investors.

Key Albertsons Companies News

Here are the key news stories impacting Albertsons Companies this week:

• Positive Sentiment: Albertsons said revenue came in slightly ahead of expectations and highlighted strength in digital and pharmacy growth, which suggests some parts of the business are still performing well.
• Neutral Sentiment: The company launched its new ACI Edge operating model and announced a regional structure change, aimed at improving efficiency and supporting longer-term margins.
• Neutral Sentiment: President and CFO Sharon McCollam announced plans to retire later this year, adding a leadership transition while the company works through its turnaround effort.
• Negative Sentiment: Albertsons reported Q1 EPS of $0.42, below the $0.54 consensus estimate, reinforcing concerns that profitability is under pressure.
• Negative Sentiment: The company lowered its fiscal 2026 outlook, with EPS guidance of $1.75 to $1.85 versus a much higher analyst forecast, and also cut its sales outlook as shoppers tighten grocery spending.
• Negative Sentiment: Analysts turned more cautious after the release: Wells Fargo downgraded the stock to equal weight with a lower price target, and Telsey Advisory Group cut its target to $13 from $22 while keeping a market perform rating.

About Albertsons Companies

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.