Albertsons Companies, Inc. (ACI)

NYSE: ACI · IEX Real-Time Price · USD
29.36
+0.23 (0.79%)
Jun 24, 2022 4:04 PM EDT - Market closed
0.79%
Market Cap 15.53B
Revenue (ttm) 71.89B
Net Income (ttm) 1.62B
Shares Out 528.88M
EPS (ttm) 2.70
PE Ratio 10.87
Forward PE 10.08
Dividend $0.46 (1.57%)
Ex-Dividend Date Apr 25, 2022
Volume 2,472,320
Open 29.12
Previous Close 29.13
Day's Range 28.81 - 29.62
52-Week Range 19.05 - 37.99
Beta n/a
Analysts Buy
Price Target 35.70 (+21.6%)
Earnings Date Aug 4, 2022

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 2021, 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 25 analysts, the average rating for ACI stock is "Buy." The 12-month stock price forecast is 35.7, which is an increase of 21.59% from the latest price.

Price Target
$35.7
(21.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Albertsons' (ACI) Omnichannel & Digitization Key to Growth

Albertsons Companies' (ACI) focus on providing efficient in-store services, enhancing digital and omni-channel capabilities, and increasing productivity has been contributing to its upbeat performance.

Soleil™ Sparkling Water Redesign Brings Good Vibes to Summer with Colorful and Bold New Packaging Designs

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI) today announced the relaunch of Soleil Sparkling Water, marking a new era for the beverage brand that introduces eight can packaging with ...

Will Albertsons outperform due to its high return on equity for low beta?

Albertsons Companies Inc. (NYSE:ACI) is trading at $29. The stock has risen 81.25% from the IPO in the last quarter of 2020.

Albertsons (ACI) Gains Market Share on Operational Strength

Albertsons Companies (ACI) has been directing resources toward expanding digital and omni-channel capabilities in order to better engage with members and provide them a convenient way to shop.

The 7 Best Retail Stocks to Buy Now

The best retail stocks include some that investors might not expect. These 7 have strong prospects.

Other symbols: AMZNBJDLTRHDLOWTGT

Albertsons Companies, in cooperation with The J. M. Smucker Co., voluntarily recalls select store-prepared items cont...

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI), in cooperation with its supplier The J. M. Smucker Co., has voluntarily recalled 11 store-prepared items due to possible Salmonella conta...

Albertsons Companies, in cooperation with Smithfield Packaged Meats Corp., voluntarily recalls select ReadyMeals and ...

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies (NYSE: ACI), in cooperation with its supplier Smithfield Packaged Meats Corp. (“Smithfield”), has voluntarily recalled seven ReadyMeals and deli-prepa...

Grocery chain Albertsons to start using self-checkout carts

Grocery chain Albertsons will start using self-checkout carts in an effort to make in-person shopping easier. The carts are made by Veeve, a Seattle-based start-up founded by two former Amazon employees...

Albertsons Expands Smart Cart Test as Grocers Aim to Remove Friction From Self-Checkout

As online grocery adoption rises, brick-and-mortar grocers are challenged to bring the frictionless convenience consumers have come to expect into their physical stores. Many shoppers are growing frustr...

Ex-Amazon engineers roll out their smart shopping carts in Albertsons stores

Companies like Amazon, Instacart and others have launched smart grocery carts that aim to speed up the shopping process.

Albertsons Companies to Participate in Bernstein's 38th Annual Strategic Decisions Conference

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. announced that President and CFO, Sharon McCollam, will participate in Bernstein's Annual Strategic Decisions Conference.

Sector Rotation And 9 Stocks To Watch During A Recession

Is the United States heading toward a recession? This has been the looming question on the minds of Americans since inflation topped at 8.5% in March, matched with other indicators such as rising intere...

Albertsons (ACI) Soars 54% in a Year, Drives Omnichannel Space

Albertsons (ACI) focuses on enhancing its digital and omni-channel capabilities and boosting productivity. ACI is steadily strengthening its delivery capabilities as well.

Albertsons (ACI), Uber Extend Deal to Expedite Grocery Delivery

In a bid to offer better and faster delivery, Albertsons (ACI) adds 800 stores to Uber Eats by expanding its partnership with Uber.

Albertsons, Uber Expand Partnership To 2,000+ Stores Nationwide

Albertsons Companies Inc (NYSE: ACI) and Uber Technologies Inc (NYSE: UBER) have expanded their partnership to include more than 2,000 of the grocer's banner stores nationwide through Uber Eats. Some of...

Other symbols: UBER

Uber, Albertsons Companies Expand Partnership to 2,000 Stores

Uber and Albertsons Companies are expanding their partnership to include more stores on Uber Eats, and will now be including 2,000 of the grocer's stores, according to a Tuesday (May 3) press release fr...

Other symbols: UBER

Uber and Albertsons Companies Partnership expands to more than 2,000 stores nationwide

Increases availability across grocery and convenience categories  SAN FRANCISCO , May 3, 2022 /PRNewswire/ -- Today, Uber Technologies, Inc. (NYSE: UBER) and Albertsons Companies, Inc. (NYSE: ACI) annou...

Other symbols: UBER

Albertsons pledges zero food waste to landfills by 2030

Albertsons Cos. Inc. ACI, -0.24% released its "Recipe for Change" environmental, social and governance (ESG) framework on Wednesday, which includes a pledge to send zero food waste to landfills by 2030.

Albertsons Companies Announces ESG Goals and Long-Term Strategies to Support a More Sustainable Future

BOISE, Idaho--(BUSINESS WIRE)--Today, Albertsons Companies (NYSE: ACI) launched long-term goals and strategies focused on maximizing the company's positive impact across four pillars: Planet, People, Pr...

Albertsons Taps Scent Marketing as Multi-Sensory Experiences Drive Retail Sales

Grocery giant Albertsons is expanding ad opportunities for consumer-packaged goods (CPG) brands to include new sensory experiences. The grocer's stores in the Chicago and New Jersey areas will pipe in t...

Three Beaten Down Mega Caps The Analysts Are Upgrading

The market has taken a beating over the past few months and many of the leading names were beaten down with it. In many cases, as with NVIDIA (NASDAQ: NVDA), Albertsons (NYSE: ACI), and UPS (NYSE: UPS),...

Other symbols: NVDAUPS

Albertsons (ACI) Q4 Earnings Beat, Identical Sales Rise 7.5%

Albertsons Companies' (ACI) fourth-quarter results reflect enhanced digital and omni-channel capabilities as well as efforts to boost productivity.

Albertsons' Shopping Cart Filled With Good News

Albertsons Companies Inc. ( ACI , Financial) overcame both a scarcity of labor and higher costs to beat sales and earnings estimates in its fourth quarter of fiscal 2021. On Tuesday, the Boise, Idaho-ba...

Albertsons Digital Sales Growth Slowed to Single Digits in 2021

Digital sales growth for grocery chain Albertsons Companies slowed to 5% in the fourth quarter of fiscal year 2021 and for the full fiscal year, reflecting a large-scale return of shoppers to stores to ...

Albertsons' Q4 Earnings Top Estimates

Albertsons Companies Inc (NYSE: ACI) reported a fourth-quarter FY21 sales growth of 10.2% to $17.4 billion, beating the consensus of $16.74 billion. Identical sales increased by 7.5%; on a two-year stac...