Albertsons Companies, Inc. (ACI)

NYSE: ACI · IEX Real-Time Price · USD
21.20
+0.03 (0.14%)
At close: Jan 31, 2023, 4:03 PM
21.19
-0.01 (-0.05%)
Pre-market: Feb 1, 2023, 6:36 AM EST
0.14%
Market Cap 11.36B
Revenue (ttm) 76.77B
Net Income (ttm) 1.66B
Shares Out 535.72M
EPS (ttm) 2.38
PE Ratio 8.91
Forward PE 7.02
Dividend $0.48 (2.26%)
Ex-Dividend Date Oct 28, 2022
Volume 1,921,957
Open 21.12
Previous Close 21.17
Day's Range 21.07 - 21.27
52-Week Range 20.05 - 37.99
Beta 0.33
Analysts Buy
Price Target 28.24 (+33.21%)
Earnings Date Jan 10, 2023

About ACI

Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. As of February 26, 2022, it operated 2,276 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, Un... [Read more]

Industry Grocery Stores
IPO Date Jun 26, 2020
Employees 101,500
Stock Exchange NYSE
Ticker Symbol ACI
Full Company Profile

Financial Performance

In 2022, ACI's revenue was $71.89 billion, an increase of 3.15% compared to the previous year's $69.69 billion. Earnings were $1.62 billion, an increase of 90.50%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is $28.24, which is an increase of 33.21% from the latest price.

Price Target
$28.24
(33.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is the Options Market Predicting a Spike in Albertsons Companies (ACI) Stock?

Investors need to pay close attention to Albertsons Companies (ACI) stock based on the movements in the options market lately.

20 hours ago - Zacks Investment Research

Wall Street Analysts Think Albertsons Companies, Inc. (ACI) Could Surge 40.1%: Read This Before Placing a Bet

The consensus price target hints at a 40.1% upside potential for Albertsons Companies, Inc. (ACI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ...

4 days ago - Zacks Investment Research

Is Albertsons Companies (ACI) Stock Outpacing Its Consumer Staples Peers This Year?

Here is how Albertsons Companies, Inc. (ACI) and Helen of Troy (HELE) have performed compared to their sector so far this year.

6 days ago - Zacks Investment Research

Is Albertsons Companies (ACI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

6 days ago - Zacks Investment Research

Buy These 3 Stocks to Combat Volatility in 2023?

Investors will be looking for stocks that will be less volatile in 2023 and these three stocks certainly appear to fit the bill with their beta value below 1.0.

Other symbols: BAPCASY
1 week ago - Zacks Investment Research

Albertsons Shareholders Set to Receive $4 Billion Dividend

The supermarket operator had been fighting opposition for months from attorneys general who tried to block the payout, as the company works to seal a merger with rival Kroger.

1 week ago - WSJ

Albertsons to finally pay out special dividend, which has been delayed by courts

Shares of Albertsons Companies Inc. ACI, -1.23% jumped 2.0% in premarket trading Thursday, to buck the selloff in the broader market, after the grocery chain, which has agreed to be acquired by Kroger...

1 week ago - Market Watch

Albertsons Companies Announces Special Dividend Payment Date

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) today announced that the payment date for its previously announced $6.85 per common share Special Dividend (the ...

1 week ago - Business Wire

Best Value Stocks to Buy for January 18th

ACI, TS and KMTUY made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 18, 2022.

Other symbols: TS
1 week ago - Zacks Investment Research

Albertsons-Kroger Deal Spooks Merger Pros

Trying to do merger arbitrage on the supermarket deal is a big headache.

Other symbols: KR
2 weeks ago - WSJ

Best Income Stocks to Buy for January 18th

DTEGY, MMP and ACI made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 18, 2022.

Other symbols: MMP
2 weeks ago - Zacks Investment Research

Washington state court OKs Albertsons' $4 billion dividend ahead of merger

SEATTLE — The Washington state Supreme Court has brushed aside the final remaining legal hurdle in the way of a $4 billion dividend by Albertsons to its shareholders ahead of a proposed merger with ri...

2 weeks ago - Market Watch

Albertsons Companies Issues Statement Regarding State of Washington Supreme Court's Denial of Washington State Attorney General's Motion for Review

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the State of Washington's Supreme Court has denied a motion by the Att...

2 weeks ago - Business Wire

Washington court paves way for Albertsons' $4 bln dividend, declines to review case

Washington state's highest court on Tuesday cleared the way for Albertsons Companies Inc to pay a $4 billion dividend ahead of the grocer's proposed deal with rival Kroger Co , as the justices decline...

2 weeks ago - Reuters

Albertsons Companies Launches Competition for Emerging Specialty Food, Beverage and Pet Brands

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI) today announced its first Albertsons Cos. Innovation Launchpad competition in search of small and independent brands representing emer...

2 weeks ago - Business Wire

Kroger's Merger With Albertsons Could Limit the Stock's Downside, Analyst Says

Morgan Stanley upgraded Kroger's stock to Equal Weight on Tuesday, arguing that it looks fairly balanced at current levels.

Other symbols: KR
2 weeks ago - Barrons

Albertsons Companies continues its commitment to provide opportunities for underrepresented, diverse-owned businesses

BOISE, Idaho--(BUSINESS WIRE)--As part of its commitment to fostering diversity, equity and inclusion, Albertsons Companies (NYSE: ACI) today announced its annual application process for certified d...

2 weeks ago - Business Wire

Albertsons Companies, Inc. (ACI) Upgraded to Strong Buy: What Does It Mean for the Stock?

Albertsons Companies, Inc. (ACI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

2 weeks ago - Zacks Investment Research

Afresh Technologies and Albertsons Companies Roll Out AI-Powered Platform to More Than 2,000 Stores Nationwide

Afresh platform helps grocer improve fresh produce inventory for shoppers and reduce waste going to landfill SAN FRANCISCO , Jan. 12, 2023 /PRNewswire/ -- Afresh Technologies, the world's leading fres...

2 weeks ago - PRNewsWire

Wall Street Analysts Believe Albertsons Companies, Inc. (ACI) Could Rally 42.11%: Here's is How to Trade

The mean of analysts' price targets for Albertsons Companies, Inc. (ACI) points to a 42.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreem...

2 weeks ago - Zacks Investment Research

Albertsons (ACI) Q3 Earnings Beat, Identical Sales Up 7.9%

Albertsons' (ACI) third-quarter results reflect enhanced digital and omnichannel capabilities and efforts to boost productivity.

2 weeks ago - Zacks Investment Research

Albertsons Sees 33% Digital Growth Amid Strong Loyalty Program Engagement

Albertsons Companies' digital bets are paying off, driving sales and boosting loyalty membership. The grocery giant, acquired in October by competitor Kroger, reported its third-quarter earnings Tuesd...

3 weeks ago - PYMNTS

Albertsons Tops Earnings Again as Higher Prices Boost Sales

Same-store sales increased 7.9% during the third quarter, driven by price inflation, the company said.

3 weeks ago - Barrons

Albertsons Sales up 8.5% on Higher Prices

The supermarket operator is in the midst of a roughly $20 billion sale to rival Kroger.

3 weeks ago - WSJ

Albertsons stock jumps premarket after earnings beat

Albertsons Cos. Inc. stock ACI, +0.53% jumped 2.9% in premarket trade Tuesday, after the grocery store chain, which is in the midst of merging with Kroger Co. KR, +0.98% , posted better-than-expected ...

3 weeks ago - Market Watch