Albertsons Companies Inc (NYSE:ACI) shares, rose in value on Wednesday, March 26, with the stock price up by 1.68% to the previous day’s close as strong demand from buyers drove the stock to $21.16.
Actively observing the price movement in the last trading, the stock closed the session at $20.81, falling within a range of $20.66 and $21.215. The value of beta (5-year monthly) was 0.35 whereas the PE ratio was 11.89 over 12-month period. Referring to stock’s 52-week performance, its high was $22.05, and the low was $17.00. On the whole, ACI has fluctuated by 2.47% over the past month.
With the market capitalization of Albertsons Companies Inc currently standing at about $12.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-07. The company’s Forward Dividend Ratio is 0.51, with its dividend yield at 2.41%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 80.47B, with a low estimate of 18.51B and a high estimate of 20.48B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 18.78B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ACI’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of ACI currently trading nearly 0.28% and 2.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.01, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 2.59%. Furthermore, Albertsons Companies Inc (ACI)’s beta value is 0.50, and its average true range (ATR) is 0.51.
A comparison of Albertsons Companies Inc (ACI) with its peers suggests the former has fared considerably weaker in the market. ACI showed an intraday change of 1.68% in last session, and over the past year, it grew by 1.24%%.
Data on historical trading for Albertsons Companies Inc (NYSE:ACI) indicates that the trading volumes over the past 10 days have averaged 5.44 and over the past 3 months, they’ve averaged 6.50 million. According to company’s latest data on outstanding shares, there are 579.36 million shares outstanding.
Nearly 27.68% of Albertsons Companies Inc’s shares belong to company insiders and institutional investors own 51.96% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.03 million shares as on 2025-03-14, resulting in a short ratio of 2.34. According to the data, the short interest in Albertsons Companies Inc (ACI) stood at 477.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 9.42 million. The stock has risen by 7.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ACI stock heading into the next quarter.
