Albertsons Companies (NYSE:ACI) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Albertsons Companies (NYSE:ACI - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.06, RTT News reports. The firm had revenue of $18.80 billion for the quarter, compared to analysts' expectations of $18.78 billion. Albertsons Companies had a return on equity of 44.70% and a net margin of 1.30%. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Albertsons Companies updated its FY 2025 guidance to 2.030-2.160 EPS.

Albertsons Companies Price Performance

ACI traded up $0.51 during trading on Friday, reaching $21.66. The stock had a trading volume of 10,042,907 shares, compared to its average volume of 4,317,323. Albertsons Companies has a 1-year low of $17.00 and a 1-year high of $23.20. The firm has a market capitalization of $12.55 billion, a price-to-earnings ratio of 12.17, a price-to-earnings-growth ratio of 1.92 and a beta of 0.47. The stock has a 50 day moving average of $21.19 and a two-hundred day moving average of $19.98. The company has a quick ratio of 0.21, a current ratio of 0.93 and a debt-to-equity ratio of 2.31.

Albertsons Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.77%. The ex-dividend date is Friday, April 25th. Albertsons Companies's payout ratio is currently 36.59%.

Wall Street Analyst Weigh In

ACI has been the topic of several research reports. Royal Bank of Canada reissued an "outperform" rating and set a $23.00 price target on shares of Albertsons Companies in a research report on Wednesday. UBS Group dropped their target price on shares of Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating on the stock in a report on Wednesday. Citigroup initiated coverage on shares of Albertsons Companies in a report on Friday, January 24th. They issued a "buy" rating and a $26.00 price target for the company. Evercore ISI cut their target price on shares of Albertsons Companies from $23.00 to $22.00 and set an "in-line" rating on the stock in a report on Thursday. Finally, Telsey Advisory Group reaffirmed an "outperform" rating and set a $26.00 target price on shares of Albertsons Companies in a report on Friday, April 11th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $23.36.

Albertsons Companies Company Profile

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.