Research Analysts Offer Predictions for ACI Q4 Earnings

Albertsons Companies, Inc. (NYSE:ACI - Free Report) - Equities research analysts at Roth Capital reduced their Q4 2026 earnings per share estimates for shares of Albertsons Companies in a research report issued on Tuesday, October 14th. Roth Capital analyst W. Kirk now anticipates that the company will post earnings per share of $0.45 for the quarter, down from their prior estimate of $0.47. Roth Capital has a "Buy" rating and a $24.00 price objective on the stock. The consensus estimate for Albertsons Companies' current full-year earnings is $2.14 per share.

Albertsons Companies (NYSE:ACI - Get Free Report) last issued its quarterly earnings results on Tuesday, July 15th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. Albertsons Companies had a return on equity of 36.39% and a net margin of 1.20%.The firm had revenue of $24.88 billion during the quarter, compared to analyst estimates of $24.68 billion. During the same period last year, the company posted $0.66 EPS. The firm's quarterly revenue was up 2.5% on a year-over-year basis.

A number of other equities research analysts also recently commented on the company. Tigress Financial reiterated a "buy" rating and set a $28.00 price objective on shares of Albertsons Companies in a research report on Tuesday, July 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Albertsons Companies in a research report on Wednesday, October 8th. Wall Street Zen downgraded Albertsons Companies from a "buy" rating to a "hold" rating in a research report on Monday, September 15th. Bank of America cut their price objective on Albertsons Companies from $24.00 to $22.00 and set a "neutral" rating for the company in a research report on Wednesday. Finally, Royal Bank Of Canada cut their price objective on Albertsons Companies from $23.00 to $21.00 and set an "outperform" rating for the company in a research report on Friday, October 3rd. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $23.50.

Albertsons Companies Price Performance

Shares of NYSE:ACI opened at $19.25 on Friday. Albertsons Companies has a one year low of $16.70 and a one year high of $23.20. The stock has a fifty day moving average of $18.55 and a 200-day moving average of $20.45. The company has a market capitalization of $10.57 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 1.96 and a beta of 0.49. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.18 and a current ratio of 0.81.

Albertsons Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 24th will be issued a $0.15 dividend. The ex-dividend date is Friday, October 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.1%. Albertsons Companies's dividend payout ratio is presently 35.50%.

Institutional Trading of Albertsons Companies

Several hedge funds and other institutional investors have recently modified their holdings of ACI. Harbor Capital Advisors Inc. raised its holdings in shares of Albertsons Companies by 130.4% during the third quarter. Harbor Capital Advisors Inc. now owns 1,461 shares of the company's stock worth $26,000 after acquiring an additional 827 shares in the last quarter. West Oak Capital LLC purchased a new stake in shares of Albertsons Companies during the second quarter worth $30,000. SVB Wealth LLC purchased a new stake in shares of Albertsons Companies during the first quarter worth $32,000. Allworth Financial LP raised its holdings in shares of Albertsons Companies by 98.4% during the second quarter. Allworth Financial LP now owns 1,702 shares of the company's stock worth $37,000 after acquiring an additional 844 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new stake in shares of Albertsons Companies during the first quarter worth $40,000. 71.35% of the stock is currently owned by hedge funds and other institutional investors.

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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