Albertsons Companies (ACI) Expected to Announce Quarterly Earnings on Tuesday

Albertsons Companies (NYSE:ACI - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, July 15th. Analysts expect Albertsons Companies to post earnings of $0.54 per share and revenue of $24.68 billion for the quarter. Albertsons Companies has set its FY 2025 guidance at 2.030-2.160 EPS.

Albertsons Companies (NYSE:ACI - Get Free Report) last issued its earnings results on Tuesday, April 15th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.06. Albertsons Companies had a return on equity of 41.03% and a net margin of 1.19%. The business had revenue of $18.80 billion during the quarter, compared to analysts' expectations of $18.78 billion. During the same quarter in the prior year, the firm earned $0.54 EPS. On average, analysts expect Albertsons Companies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Albertsons Companies Price Performance

ACI traded down $0.16 on Friday, reaching $22.13. The stock had a trading volume of 4,407,682 shares, compared to its average volume of 4,957,961. Albertsons Companies has a fifty-two week low of $17.00 and a fifty-two week high of $23.20. The firm has a 50-day moving average of $21.80 and a 200-day moving average of $21.18. The company has a current ratio of 0.90, a quick ratio of 0.22 and a debt-to-equity ratio of 2.29. The company has a market capitalization of $12.74 billion, a price-to-earnings ratio of 13.49, a price-to-earnings-growth ratio of 2.26 and a beta of 0.44.

Albertsons Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 25th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 25th. This represents a $0.60 dividend on an annualized basis and a yield of 2.71%. Albertsons Companies's payout ratio is presently 36.59%.

Analysts Set New Price Targets

A number of brokerages have issued reports on ACI. Telsey Advisory Group reaffirmed an "outperform" rating and issued a $24.00 target price on shares of Albertsons Companies in a report on Monday, July 7th. BMO Capital Markets upgraded Albertsons Companies from a "market perform" rating to an "outperform" rating and upped their price target for the company from $19.00 to $25.00 in a research report on Wednesday, May 7th. UBS Group reduced their price target on Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 16th. JPMorgan Chase & Co. set a $31.00 price target on Albertsons Companies in a research report on Tuesday. Finally, Evercore ISI reduced their price target on Albertsons Companies from $23.00 to $22.00 and set an "in-line" rating on the stock in a research report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Albertsons Companies presently has an average rating of "Moderate Buy" and an average target price of $24.21.

Insider Transactions at Albertsons Companies

In other Albertsons Companies news, EVP Omer Gajial sold 47,303 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $21.46, for a total value of $1,015,122.38. Following the transaction, the executive vice president owned 162,569 shares in the company, valued at approximately $3,488,730.74. This represents a 22.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.35% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Albertsons Companies stock. Goldman Sachs Group Inc. boosted its position in Albertsons Companies, Inc. (NYSE:ACI - Free Report) by 109.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,542,468 shares of the company's stock after acquiring an additional 806,336 shares during the period. Goldman Sachs Group Inc. owned 0.27% of Albertsons Companies worth $33,919,000 as of its most recent SEC filing. Institutional investors and hedge funds own 71.35% of the company's stock.

About Albertsons Companies

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.