Albertsons Companies Inc. [ACI] gain 13.93% so far this year. What now?

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Albertsons Companies Inc. [NYSE: ACI] jumped around 0.57 points on Friday, while shares priced at $23.63 at the close of the session, up 2.47%. The company report on September 8, 2023 at 8:14 AM that Kroger and Albertsons Companies Announce Comprehensive Divestiture Plan with C&S Wholesale Grocers, LLC in Connection with Proposed Merger.

Plan Marks Key Step in Merger Process.

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Both the Kroger and Albertsons Cos. Combination and the Divestiture Sale to C&S will Create Meaningful and Measurable Benefits for Associates, Customers and Communities.

Albertsons Companies Inc. stock is now 13.93% up from its year-to-date (YTD) trading value. ACI Stock saw the intraday high of $23.88 and lowest of $23.50 per share. The company’s 52-week high price is 23.36, which means current price is +23.46% above from all time high which was touched on 09/08/23.

Compared to the average trading volume of 3.33M shares, ACI reached a trading volume of 12479042 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about 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 $25.55 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 2.50. 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.

Tigress Financial have made an estimate for Albertsons Companies Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 26, 2023.

The Average True Range (ATR) for Albertsons Companies Inc. is set at 0.33, with the Price to Sales ratio for ACI stock in the period of the last 12 months amounting to 0.17. The Price to Book ratio for the last quarter was 6.77, with the Price to Cash per share for the same quarter was set at 0.43.

How has ACI stock performed recently?

Albertsons Companies Inc. [ACI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.49. With this latest performance, ACI shares gained by 8.94% in over the last four-week period, additionally plugging by 18.56% over the last 6 months – not to mention a rise of 7.73% in the past year of trading.

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 81.74, with the RSI for the last a single of trading hit 88.17, and the three-weeks RSI is set at 76.60 for Albertsons Companies Inc. [ACI]. The present Moving Average for the last 50 days of trading for this stock 22.01, while it was recorded at 22.95 for the last single week of trading, and 21.07 for the last 200 days.

Albertsons Companies Inc. [ACI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Albertsons Companies Inc. [ACI] shares currently have an operating margin of +2.94 and a Gross Margin at +25.89. Albertsons Companies Inc.’s Net Margin is presently recorded at +1.95.

Return on Total Capital for ACI is now 13.08, given the latest momentum, and Return on Invested Capital for the company is 9.54. Return on Equity for this stock inclined to 65.30, with Return on Assets sitting at 5.09. When it comes to the capital structure of this company, Albertsons Companies Inc. [ACI] has a Total Debt to Total Equity ratio set at 931.69. Additionally, ACI Total Debt to Total Capital is recorded at 90.31, with Total Debt to Total Assets ending up at 52.19. Long-Term Debt to Equity for the company is recorded at 823.64, with the Long-Term Debt to Total Capital now at 79.83.

Reflecting on the efficiency of the workforce at the company, Albertsons Companies Inc. [ACI] managed to generate an average of $5,219 per employee. Receivables Turnover for the company is 124.42 with a Total Asset Turnover recorded at a value of 2.61.Albertsons Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.80.

Earnings analysis for Albertsons Companies Inc. [ACI]

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 8.00%.

Insider trade positions for Albertsons Companies Inc. [ACI]

The top three institutional holders of ACI stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in ACI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in ACI stock with ownership which is approximately 5.7381%.

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