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How Much Is Albertsons Companies Inc. (NYSE: ACI) Worth And How Can It Be Managed

Albertsons Companies Inc. (NYSE:ACI)’s traded shares stood at 19.09 million during the last session. At the close of trading, the stock’s price was $19.50, to imply a decrease of -0.91% or -$0.18 in intraday trading. The ACI share’s 52-week high remains $27.90, putting it -43.08% down since that peak but still an impressive 6.26% since price per share fell to its 52-week low of $18.28. The company has a valuation of $11.12B, with an average of 4.04 million shares in intraday trading volume over the past 10 days and average of 3.15 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Albertsons Companies Inc. (ACI), translating to a mean rating of 2.60. Of 18 analyst(s) looking at the stock, 0 analyst(s) give ACI a Sell rating. 2 of those analysts rate the stock as Overweight while 12 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.66.

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Albertsons Companies Inc. (NYSE:ACI) trade information

After registering a -0.91% downside in the last session, Albertsons Companies Inc. (ACI) has traded red over the past five days. The stock hit a weekly high of 19.88 this Friday, 03/17/23, dropping -0.91% in its intraday price action. The 5-day price performance for the stock is -2.06%, and -7.28% over 30 days. With these gigs, the year-to-date price performance is -5.98%. Short interest in Albertsons Companies Inc. (NYSE:ACI) saw shorts transact 5.64 million shares and set a 2.52 days time to cover.

Analysts on Wall Street suggest a consensus price target of $25.56, implying an increase of 23.71% to the stock’s current value. The extremes give us $21.00 and $30.00 for target low and target high price respectively. As such, ACI has been trading -53.85% off suggested target high and -7.69% from its likely low.

Albertsons Companies Inc. (ACI) estimates and forecasts

Looking at statistics comparing Albertsons Companies Inc. share performance against respective industry, we note that the company has outperformed competitors. Albertsons Companies Inc. (ACI) shares are -5.88% down over the last 6 months, with its year-to-date growth rate higher than industry average at 6.51% against 0.70%. Revenue is forecast to shrink -12.00% this quarter before falling -7.00% for the next one. The rating firms project that company’s revenue will grow 7.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 10 analysts is $18.18 billion. Meanwhile, for the quarter ending May 2023, a total of 7 analyst(s) estimate revenue growth to $23.68 billion.Earnings reports from the last fiscal year show that sales brought in $17.38 billion and $23.31 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.60% before jumping 1.60% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 32.10% for the past 5-year period. While 2023 is set for a 83.70% return in earnings, projections for the next 5 years are at 8.00% annually.

ACI Dividends

Albertsons Companies Inc. has its next earnings report out between April 10 and April 14. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Albertsons Companies Inc. has a forward dividend ratio of 0.48, with the share yield ticking at 2.46% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Albertsons Companies Inc. (NYSE:ACI)’s Major holders

Albertsons Companies Inc. insiders hold 14.94% of total outstanding shares, with institutional holders owning 73.63% of the shares at 86.56% float percentage. In total, 73.63% institutions holds shares in the company, led by Cerberus Capital Management, L.P. As of Sep 29, 2022, the company held over 151.82 million shares (or 28.34% of shares), all amounting to roughly $3.77 billion.

The next major institution holding the largest number of shares is Lubert-Adler Management Compnay, LP with 58.13 million shares, or about 10.85% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $1.21 billion.

We also have Vanguard Total Stock Market Index Fund and MFS Series Trust XI-MFS Mid Cap Value Fund as the top two Mutual Funds with the largest holdings of the Albertsons Companies Inc. (ACI) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 4.77 million shares. This is just over 0.89% of the total shares, with a market valuation of $118.47 million. Data from the same date shows that the other fund manager holds a little less at 3.87 million, or 0.72% of the shares, all valued at about 96.32 million.

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