Albertsons Companies, Inc. (NYSE:ACI) Receives $15.31 Average PT from Analysts

Albertsons Companies, Inc. (NYSE:ACI) has received a consensus rating of “Hold” from the seventeen analysts that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $15.3077.

A number of equities analysts have recently issued reports on the company. Barclays lowered their price objective on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a research report on Friday, July 24th. Telsey Advisory Group reiterated a “market perform” rating and issued a $13.00 target price (down from $22.00) on shares of Albertsons Companies in a report on Friday, July 24th. The Goldman Sachs Group decreased their target price on shares of Albertsons Companies from $24.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Zacks Research lowered shares of Albertsons Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Albertsons Companies in a research report on Wednesday, August 26th.

Insider Buying and Selling

In other Albertsons Companies news, CFO Sharon Mccollam purchased 9,000 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of $11.48 per share, for a total transaction of $103,320.00. Following the acquisition, the chief financial officer owned 567,051 shares in the company, valued at approximately $6,509,745.48. The trade was a 1.61% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thomas M. Moriarty purchased 170,500 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were acquired at an average price of $11.51 per share, with a total value of $1,962,455.00. Following the completion of the acquisition, the executive vice president owned 308,946 shares in the company, valued at approximately $3,555,968.46. This trade represents a 123.15% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 218,909 shares of company stock valued at $2,515,826 over the last quarter. Insiders own 1.18% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CWM LLC raised its stake in Albertsons Companies by 103.5% during the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock worth $25,000 after buying an additional 730 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Albertsons Companies by 172.8% in 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 in the last quarter. Allworth Financial LP grew its stake in Albertsons Companies by 144.3% in the second quarter. Allworth Financial LP now owns 3,767 shares of the company’s stock valued at $51,000 after acquiring an additional 2,225 shares during the period. Global Retirement Partners LLC grew its stake in Albertsons Companies by 32,526.7% in the fourth quarter. Global Retirement Partners LLC now owns 4,894 shares of the company’s stock valued at $84,000 after acquiring an additional 4,879 shares during the period. Finally, Continuum Advisory LLC bought a new stake in shares of Albertsons Companies during the second quarter valued at approximately $66,000. 71.35% of the stock is owned by institutional investors and hedge funds.

Albertsons Companies Stock Performance

Shares of Albertsons Companies stock opened at $12.75 on Tuesday. The company has a quick ratio of 0.21, a current ratio of 0.84 and a debt-to-equity ratio of 5.22. Albertsons Companies has a twelve month low of $10.86 and a twelve month high of $20.00. The stock has a market cap of $6.19 billion, a price-to-earnings ratio of 159.32, a P/E/G ratio of 2.06 and a beta of 0.37. The company’s fifty day moving average is $12.71 and its 200 day moving average is $15.00.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The company had revenue of $24.94 billion during the quarter, compared to analyst estimates of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The business’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.55 earnings per share. 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 EPS for the current year.

Albertsons Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Friday, July 24th. Albertsons Companies’s dividend payout ratio (DPR) is currently 850.00%.

Albertsons Companies Company Profile

Albertsons Companies, Inc is a food and drug retailer that operates supermarkets, pharmacies and related omnichannel grocery businesses in the United States. Its stores offer fresh produce, meat and seafood, bakery and deli products, packaged groceries, household goods, health and beauty products, and pharmacy services. The company also provides online ordering, grocery delivery and pickup services through its digital platforms.

Albertsons Companies operates under a portfolio of well-known banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Market Street, Pavilions, Carrs and Haggen.