Albertsons Companies Inc. [NYSE: ACI] stock went on a downward path that fall over -5.01% on Monday, amounting to a one-week price decrease of less than -10.64%. The company report on April 26, 2021 that Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results.
Delivers Fiscal 2020 Results Above OutlookProvides Fiscal 2021 Outlook.
Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) reported results for the fourth quarter of fiscal 2020 and full year fiscal 2020, which ended February 27, 2021, and provided a fiscal 2021 outlook.
The one-year Albertsons Companies Inc. stock forecast points to a potential upside of 13.49. The average equity rating for ACI stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $8.52 billion, with 468.70 million shares outstanding and 220.76 million shares in the current float. Compared to the average trading volume of 2.20M shares, ACI stock reached a trading volume of 5409167 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Albertsons Companies Inc. [ACI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACI shares is $21.06 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACI stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Albertsons Companies Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on January 28, 2021. The new note on the price target was released on January 27, 2021, representing the official price target for Albertsons Companies Inc. stock. Previously, the target price had yet another raise to $13, while Morgan Stanley analysts kept a Underweight rating on ACI stock.
The Average True Range (ATR) for Albertsons Companies Inc. is set at 0.69, with the Price to Sales ratio for ACI stock in the period of the last 12 months amounting to 0.12. The Price to Book ratio for the last quarter was 6.22, with the Price to Cash per share for the same quarter was set at 3.93. Price to Free Cash Flow for ACI in the course of the last twelve months was 4.18 with Quick ratio for the last quarter at 0.40.
ACI Stock Performance Analysis:
Albertsons Companies Inc. [ACI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.64. With this latest performance, ACI shares dropped by -4.00% in over the last four-week period, additionally plugging by 23.95% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ACI stock in for the last two-week period is set at 41.66, with the RSI for the last a single of trading hit 34.06, and the three-weeks RSI is set at 46.09 for Albertsons Companies Inc. [ACI]. The present Moving Average for the last 50 days of trading for this stock 18.27, while it was recorded at 19.30 for the last single week of trading, and 16.05 for the last 200 days.
Insight into Albertsons Companies Inc. Fundamentals:
Albertsons Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.10.
ACI Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Albertsons Companies Inc. go to 19.11%.
Albertsons Companies Inc. [ACI] Insider Position Details
There are presently around $7,367 million, or 54.50% of ACI stock, in the hands of institutional investors. The top three institutional holders of ACI stocks are: CERBERUS CAPITAL MANAGEMENT, L.P. with ownership of 151,818,680, which is approximately New of the company’s market cap and around 0.70% of the total institutional ownership; FEINBERG STEPHEN, holding 151,818,680 shares of the stock with an approximate value of $2.77 billion in ACI stocks shares; and LUBERT-ADLER MANAGEMENT COMPANY, LP, currently with $1.06 billion in ACI stock with ownership of nearly New of the company’s market capitalization.
126 institutional holders increased their position in Albertsons Companies Inc. [NYSE:ACI] by around 229,992,389 shares. Additionally, 77 investors decreased positions by around 22,904,185 shares, while 12 investors held positions by with 151,450,303 shares. The mentioned changes placed institutional holdings at 404,346,877 shares, according to the latest SEC report filing. ACI stock had 75 new institutional investments in for a total of 222,616,823 shares, while 33 institutional investors sold positions of 3,239,298 shares during the same period.