Albertsons Companies Inc (NYSE:ACI) currently has a daily average trading volume of 3.30M but it saw 2402053 shares traded in last market. With a market cap of 10.97B USD, the company’s current market price of $18.94 came rising about 2.16 while comparing to the previous closing price of $18.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.47 and as low as $17.80. In the recent trading on the day, stock has struck highest price mark of $18.42 while lowest mark touched by it was $18.94.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Melius which upgraded the stock as “Buy” in its note to investors issued on October 21, 2024, recommending a price target of $24 for it. Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on October 18, 2024 while assigning a price target range of $22-$23. ROTH MKM also issued its recommendations for the stock as it upgraded the price target for the stock is $24.
Over the week, ACI’s stock price is moving 3.44% up while it is 2.27% when we observe its performance for the past one month. Year-to-date it is -17.65% down and over the past year, the stock is showing a downside performance of -13.75%.
Currently, Albertsons Companies Inc’s total number of outstanding shares is 576.05M. Company’s return on investment (ROI) stands at 6.08% and return on equity (ROE) at 38.12%. It has a price to earnings ratio (P/E ratio) of 11.04 while having a 8.21 of forward P/E ratio. Stock’s beta reads 0.48. Stock has a price to book (P/B) ratio of 3.63 while price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is 3.78% on average.
