Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Albertsons Cos Inc Market Cap
The Albertsons Cos Inc (ACI) share price is expected to increase by 27.94% over the next year. This is based on calculating the average 12-month share price estimate provided by 18 stock analysts who have covered ACI. Price targets range from $19 at the low end to $27.25 at the high end. The current analyst consensus for ACI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 18 Wall Street analysts have assignedACI 8 buy ratings, 10 hold ratings, and 0 sell ratings. This means that analysts expect Albertsons Cos Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ACI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ACI.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Montani Evercore ISI Group | In-Line | $19 | Maintains | Dec 3, 2024 |
| Ivan Feinseth Tigress Financial | Buy | $27 | Maintains | Oct 21, 2024 |
| Karen Short Melius Research | Buy | $24 | Upgrade | Oct 21, 2024 |
| Edward Kelly Wells Fargo | Overweight | $23 | Upgrade | Oct 18, 2024 |
| Kelly Bania BMO Capital | Market Perform | $19 | Maintains | Oct 16, 2024 |
| Joe Feldman Telsey Advisory Group | Market Perform | $27.25 | Maintains | Oct 15, 2024 |
| Joe Feldman Telsey Advisory Group | Market Perform | $27.25 | Maintains | Oct 11, 2024 |
| Karen Short Melius Research | Hold | $19 | Initiates | Sep 23, 2024 |
| Joe Feldman Telsey Advisory Group | Market Perform | $27.25 | Maintains | Jul 23, 2024 |
| Joe Feldman Telsey Advisory Group | Market Perform | $27.25 | Maintains | Jul 18, 2024 |
| Joe Feldman Telsey Advisory Group | Market Perform | $27.25 | Maintains | Apr 23, 2024 |
| Steven Shemesh RBC Capital | Outperform | $22 | Maintains | Apr 23, 2024 |
| Joseph Feldman Telsey Advisory Group | Market Perform | $27.25 | Reiterates | Apr 17, 2024 |
| Michael Montani Evercore ISI Group | In-Line | $22 | Maintains | Apr 16, 2024 |
| Steven Shemesh RBC Capital | Outperform | $23 | Maintains | Mar 8, 2024 |
| Steven Shemesh RBC Capital | Outperform | $24 | Reiterates | Feb 13, 2024 |
| Ivan Feinseth Tigress Financial | Buy | $27 | Reiterates | Jan 12, 2024 |
| Steven Shemesh RBC Capital | Outperform | $24 | Reiterates | Jan 12, 2024 |
| Bill Kirk Roth MKM | Neutral | $24 | Maintains | Jan 10, 2024 |
| Joseph Feldman Telsey Advisory Group | Market Perform | $27.25 | Reiterates | Jan 4, 2024 |
When did it IPO
2020
Staff Count
108,300
Country
United States
Sector/Industry
Consumer Defensive/Grocery Stores
CEO
Mr. Vivek Sankaran
Market Cap
$11.20B
In 2023, ACI generated $77.65B in revenue, which was a increase of 8.02% from the previous year. This can be seen as a signal that ACI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 05 Dec 2024
Sentiment - NEUTRAL
Source - CNBC Television
Summary - Kroger CEO Rodney McMullen discusses the proposed merger with Albertsons and shares insights on the acquisition process in a recent interview on 'Money Movers.'
Why It Matters - McMullen's insights on the Kroger-Albertsons merger could impact stock performance, regulatory approval, and competitive positioning in the grocery sector, influencing investor sentiment and strategy.
Thu, 05 Dec 2024
Sentiment - NEGATIVE
Source - Yahoo Finance
Summary - Kroger (KR) reported mixed Q3 results, with revenue below expectations. Investor focus shifts to the pending approval of its merger with Albertsons (ACI).
Why It Matters - Kroger's revenue miss signals potential operational challenges, while the merger's uncertain approval could impact future growth and competitive positioning in the market.
Thu, 05 Dec 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Dividend stocks are currently seen as undervalued, presenting potential investment opportunities for reliable income amid rising stock market valuations.
Why It Matters - Rising stock valuations and attractive dividend yields signal a potential shift; undervalued dividend stocks may provide reliable income and stability amid market volatility.
Fri, 06 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Kroger has extended the expiration date for its exchange offers to trade outstanding Albertsons notes for new Kroger notes and cash, totaling up to $7.44 billion.
Why It Matters - Kroger's extension of its note exchange offers indicates strategic maneuvering in its debt management, potentially affecting its financial health and investor confidence.
Tue, 26 Nov 2024
Sentiment - NEGATIVE
Source - Huffington Post
Summary - A lawsuit alleges that major supermarket chains conspired to avoid hiring striking workers, potentially undermining the union's negotiating power.
Why It Matters - The lawsuit could lead to regulatory scrutiny and impact labor relations, affecting operational costs and profitability for the supermarket giants.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Investors should monitor Albertsons Companies (ACI) stock due to recent activity in the options market.
Why It Matters - Options market activity can signal investor sentiment and potential stock volatility for Albertsons, indicating possible price movements that could impact investment strategies.
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