Albertsons Companies Inc. (NYSE:ACI) has a 12-month trailing P/E ratio of 14.50. The stock’s Relative Strength Index (RSI) is 69.47, with weekly volatility at 3.26% and ATR at 0.57. The ACI stock’s 52-week price range has touched low of $12.91 and a $21.06 high. Its shares traded lower over the last trading session, losing -0.38% on 06/09/21. The shares fell to a low of $20.555 before closing at $20.96. Intraday shares traded counted 1.17 million, which was 28.42% higher than its 30-day average trading volume of 1.63M. ACI’s previous close was $21.04 while the outstanding shares total 468.20M.
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Investors have identified the Grocery Stores company Albertsons Companies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $9.72 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Albertsons Companies Inc. (ACI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ACI, the company has in raw cash 1.72 billion on their books with 212.4 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 6.99 billion total, with 6.83 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.02 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ACI sounds very interesting.
Is the stock of ACI attractive?
In related news, President and CEO, Sankaran Vivek bought 25,000 shares of the company’s stock in a transaction that recorded on Aug 14. The purchase was performed at an average price of 14.74, for a total value of 368,575. As the purchase deal closes, the Director, DAVIS STEVEN A now bought 7,100 shares of the company’s stock, valued at 107,696. Also, Director, Fennebresque Kim S bought 1,000 shares of the company’s stock in a deal that was recorded on Aug 04. The shares were cost at an average price of 14.93 per share, with a total market value of 14,926. Following this completion of disposal, the Director, Allen Sharon L. now holds 2,000 shares of the company’s stock, valued at 29,656. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
11 out of 19 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Albertsons Companies Inc.. 2 analysts has assigned a Sell rating on the ACI stock. The 12-month mean consensus price target for the company’s shares has been set at $21.56.
