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

Albertsons Companies, Inc. (NYSE:ACIGet Free Report) has been given a consensus rating of “Hold” by the seventeen research firms that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $15.3077.

A number of research analysts recently weighed in on the stock. Wells Fargo & Company cut shares of Albertsons Companies from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $18.00 to $11.00 in a research note on Thursday, July 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of Albertsons Companies in a report on Wednesday, August 26th. Telsey Advisory Group restated a “market perform” rating and issued a $13.00 price objective (down from $22.00) on shares of Albertsons Companies in a research report on Friday, July 24th. Barclays dropped their price objective on Albertsons Companies from $17.00 to $12.00 and set an “underweight” rating for the company in a research note on Friday, July 24th. Finally, Royal Bank Of Canada dropped their price target on Albertsons Companies from $20.00 to $13.00 and set an “outperform” rating for the company in a research note on Friday, July 24th.

Read Our Latest Research Report on Albertsons Companies

Albertsons Companies Price Performance

NYSE ACI opened at $11.70 on Tuesday. Albertsons Companies has a 12 month low of $10.86 and a 12 month high of $20.00. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 146.30, a PEG ratio of 2.02 and a beta of 0.37. The company’s 50 day moving average is $12.78 and its two-hundred day moving average is $15.09. 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 (NYSE:ACIGet Free Report) last issued 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). The firm had revenue of $24.94 billion for the quarter, compared to analysts’ expectations of $24.84 billion. Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. Albertsons Companies’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.55 EPS. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, research analysts anticipate that Albertsons Companies will post 1.65 earnings per share for the current year.

Albertsons Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date was Friday, July 24th. Albertsons Companies’s dividend payout ratio (DPR) is currently 850.00%.

Insider Transactions at Albertsons Companies

In other Albertsons Companies news, EVP Thomas Moriarty acquired 170,500 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was acquired at an average cost of $11.51 per share, for a total transaction of $1,962,455.00. Following the purchase, the executive vice president owned 308,946 shares in the company, valued at approximately $3,555,968.46. The trade was a 123.15% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Susan Morris bought 39,409 shares of the company’s stock in a transaction dated Tuesday, July 28th. The shares were acquired at an average price of $11.42 per share, for a total transaction of $450,050.78. Following the completion of the transaction, the chief executive officer directly owned 1,092,956 shares in the company, valued at approximately $12,481,557.52. This trade represents a 3.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 218,909 shares of company stock worth $2,515,826 over the last three months. 1.18% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. CWM LLC raised its holdings in shares of Albertsons Companies by 103.5% in the 4th quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after purchasing an additional 730 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 1,306 shares in the last quarter. Allworth Financial LP increased its position in shares of Albertsons Companies by 144.3% during the second quarter. Allworth Financial LP now owns 3,767 shares of the company’s stock worth $51,000 after purchasing an additional 2,225 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of Albertsons Companies in the 2nd quarter valued at about $66,000. Finally, Versant Capital Management Inc boosted its position in shares of Albertsons Companies by 2,406.4% in 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 period. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

Albertsons Companies Company Profile

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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.

Further Reading

Analyst Recommendations for Albertsons Companies (NYSE:ACI)

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