Albertsons Companies (NYSE:ACI - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.40 by $0.06, RTT News reports. Albertsons Companies had a return on equity of 44.70% and a net margin of 1.30%. The firm had revenue of $18.80 billion for the quarter, compared to analyst estimates of $18.78 billion. During the same quarter last 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
NYSE ACI traded up $0.51 during trading hours on Friday, hitting $21.66. 10,042,907 shares of the company's stock traded hands, compared to its average volume of 4,317,323. The company has a market capitalization of $12.55 billion, a PE ratio of 12.17, a PEG ratio of 1.92 and a beta of 0.47. The company has a debt-to-equity ratio of 2.31, a current ratio of 0.93 and a quick ratio of 0.21. Albertsons Companies has a 52-week low of $17.00 and a 52-week high of $23.20. The firm's 50-day moving average is $21.19 and its 200-day moving average is $19.98.
Albertsons Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, April 25th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Friday, April 25th. Albertsons Companies's dividend payout ratio is currently 36.59%.
Analysts Set New Price Targets
Several equities research analysts have recently commented on ACI shares. Telsey Advisory Group restated an "outperform" rating and issued a $26.00 price target on shares of Albertsons Companies in a report on Friday, April 11th. Citigroup initiated coverage on Albertsons Companies in a research report on Friday, January 24th. They set a "buy" rating and a $26.00 target price on the stock. UBS Group reduced their price target on Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating for the company in a research report on Wednesday. Evercore ISI lowered their price objective on Albertsons Companies from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Thursday. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $26.00 target price on shares of Albertsons Companies in a research report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $23.36.
View Our Latest Analysis on ACI
About Albertsons Companies
(
Get Free Report)
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.
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