Albertsons Companies (NYSE:ACI) Updates FY 2025 Earnings Guidance

Key Points

• Albertsons Companies has updated its FY 2025 earnings guidance, projecting earnings per share between $2.060 and $2.190, exceeding the consensus estimate of $1.960.
• The company has announced a quarterly dividend of $0.15 per share, translating to an annual yield of 3.5%.
• Analysts demonstrate mixed ratings on Albertsons stock, with 12 Buy ratings, 5 Hold ratings, and 1 Sell rating, reflecting an average rating of "Moderate Buy".

Albertsons Companies (NYSE:ACI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.060-2.190 for the period, compared to the consensus earnings per share estimate of 1.960. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Barclays assumed coverage on shares of Albertsons Companies in a research report on Monday, July 21st. They set an "underweight" rating and a $19.00 target price on the stock. Royal Bank Of Canada lowered their price objective on shares of Albertsons Companies from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Friday, October 3rd. UBS Group upgraded shares of Albertsons Companies from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $22.00 to $27.00 in a report on Tuesday, July 22nd. Telsey Advisory Group restated an "outperform" rating and set a $24.00 price objective on shares of Albertsons Companies in a report on Thursday, October 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Albertsons Companies from $27.00 to $24.00 and set an "overweight" rating on the stock in a report on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $23.63.

Albertsons Companies Stock Performance

NYSE ACI opened at $16.96 on Tuesday. Albertsons Companies has a 1 year low of $16.70 and a 1 year high of $23.20. The company has a debt-to-equity ratio of 2.17, a current ratio of 0.82 and a quick ratio of 0.18. The firm has a market cap of $9.49 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 1.75 and a beta of 0.49. The company has a fifty day moving average price of $18.57 and a 200-day moving average price of $20.48.

Albertsons Companies (NYSE:ACI - Get Free Report) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.01. The company had revenue of $24.88 billion during the quarter, compared to analyst estimates of $24.68 billion. Albertsons Companies had a net margin of 1.18% and a return on equity of 37.92%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.66 earnings per share. As a group, equities research analysts predict that Albertsons Companies will post 2.14 EPS for the current fiscal year.

Albertsons Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 24th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.5%. Albertsons Companies's payout ratio is currently 36.59%.

Hedge Funds Weigh In On Albertsons Companies

Institutional investors have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP grew its holdings in shares of Albertsons Companies by 3,256.4% in the second quarter. Quantinno Capital Management LP now owns 1,168,874 shares of the company's stock worth $25,142,000 after purchasing an additional 1,134,049 shares during the last quarter. Worldquant Millennium Advisors LLC grew its holdings in shares of Albertsons Companies by 153.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,541,028 shares of the company's stock worth $33,148,000 after purchasing an additional 932,425 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Albertsons Companies by 73.6% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,948,981 shares of the company's stock worth $41,923,000 after purchasing an additional 826,612 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Albertsons Companies by 109.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,542,468 shares of the company's stock worth $33,919,000 after purchasing an additional 806,336 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Albertsons Companies by 67.4% in the second quarter. Bank of America Corp DE now owns 1,970,306 shares of the company's stock worth $42,381,000 after purchasing an additional 793,215 shares during the last quarter. Institutional investors 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.

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