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Albertsons Companies Inc. (ACI) saw downtrend of -0.05% in the recent trading with $18.66 being its most recent. The current price level -9.51% lower than the highest price of $20.62 marked by the stock while trading over the past 52-weeks, whereas it is 44.54% higher than the lowest price of $12.91 the company dropped to over past 52-weeks. The latest news story on ACI appeared in Motley Fool under the title “Google and Albertsons Plan the Future of Grocery Shopping” on Apr-04-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.93% below one month high and is +9.89% above of the lowest during that time. Looking into the simple moving average, Albertsons Companies Inc. (ACI)’s stock stands at a SMA-50 of $17.74 while that of 5-day is reading $18.91.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 18 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.20 for the stock.
Albertsons Companies Inc. Earnings – What Happened With ACI
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Albertsons Companies Inc. (ACI) last released financial results for the quarter that ended 11/29/2020, posting a surprise factor of 57.10% for net revenue.
ACI – Albertsons Companies Inc. Stock Earnings Estimates
The perspective of Albertsons Companies Inc. (NYSE:ACI)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.42 for stock’s EPS in the current quarter. 17 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.66.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 468.70 million. ACI does have institutional investors; and they hold 54.30% of the stock.
Albertsons Companies Inc. – Insider Activity and Holdings
As on Dec 30, 2020, Cerberus Capital Management, L.P. was the top most holder in Albertsons Companies Inc. (NYSE:ACI) with an ownership of 151.82 million shares of the company or 32.61% of the stake worth $2.67 billion. The filing also reveals Lubert-Adler Management Compnay, LP as the second largest holder in the company with a control over 12.49% of the outstanding shares. Its stake is worth $1.02 billion for having 58.13 million shares in hand.
Massachusetts Financial Services Co. also came holding a key position in the company during the recent quarter and it now holds 1.28% of the outstanding shares. With this there are now 1 institutions which have possession in ACI’s shares.
Currently, the stock has been recommended as Moderate Buy by 18 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.20 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Albertsons Companies Inc. has a debt to equity ratio of 6.21.
Albertsons Companies Inc.’s return on equity, or ROE, is 66.90%, compared to the industry average of 8.23% for Consumer Defensive – Grocery Stores. Although this indicates that ACI uses its equity well, the metric will vary significantly depending on the industry.