Albertsons Companies Inc (NYSE: ACI) is -9.04% lower on its value in year-to-date trading and has touched a low of $19.25 and a high of $23.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACI stock was last observed hovering at around $20.86 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $20.92, the stock is 4.99% and 5.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing 0.29% at the moment leaves the stock -0.16% off its SMA200. ACI registered -3.82% loss for a year compared to 6-month loss of -3.06%.
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The stock witnessed a 4.60% gain in the last 1 month and extending the period to 3 months gives it a 1.45%, and is 8.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 1.84% over the month.
Albertsons Companies Inc (ACI) has around 285000 employees, a market worth around $12.12B and $79.45B in sales. Current P/E ratio is 10.87 and Fwd P/E is 8.69. Profit margin for the company is 1.41%. Distance from 52-week low is 8.68% and -12.40% from its 52-week high. The company has generated returns on investments over the last 12 months (6.87%).
The EPS is expected to shrink by -17.30% this year.
Albertsons Companies Inc (ACI) Top Institutional Holders
1.0 institutions hold shares in Albertsons Companies Inc (ACI), with institutional investors hold 86.56% of the company’s shares. The shares outstanding are 576.05M, and float is at 406.10M with Short Float at 3.08%. Institutions hold 73.63% of the Float.
The top institutional shareholder in the company is CERBERUS CAPITAL MANAGEMENT, L.P. with over 151.82 million shares valued at $$3.25 billion. The investor’s holdings represent 26.3941 of the ACI Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 33.16 million shares valued at $$710.95 million to account for 5.765 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 20.44 million shares representing 3.5527 and valued at over $$438.13 million, while GOLDMAN SACHS GROUP INC holds 1.7034 of the shares totaling 9.8 million with a market value of $$210.07 million.
Albertsons Companies Inc (ACI) Insider Activity
The most recent transaction is an insider sale by Larson Robert Bruce,the company’sSVP & Chief Accounting Officer. SEC filings show that Larson Robert Bruce sold 24,362 shares of the company’s common stock on May 01 ’24 at a price of $20.24 per share for a total of $0.49 million. Following the sale, the insider now owns 50241.0 shares.
Albertsons Companies Inc disclosed in a document filed with the SEC on Apr 30 ’24 that DHANDA ANUJ (Chief Tech &Transformation Off) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Apr 30 ’24 and was made at $20.35 per share for $2.04 million. Following the transaction, the insider now directly holds 0.37 million shares of the ACI stock.
