ACI Stock Summary and Trading Ideas (Albertsons Companies Class A | NYSE:ACI)

Albertsons is the second largest supermarket operator in the United States with over 2,200 stores across a variety of banners. About 80% of the firm's sales stem from non-perishable and fresh food, of which 25% comes from its portfolio of private brands. The company also operates fuel centers and pharmacies at about 20% and 75% of its store locations, respectively. Albertsons went public in 2020 following years of ownership under private equity firm Cerberus Capital Management, which still owns about a fourth of outstanding shares.

Albertsons Companies Class A trades on the NYSE stock market under the symbol ACI.

As of October 4, 2024, ACI stock price climbed to $18.58 with 1,984,906 million shares trading.

ACI has a beta of 0.44, meaning it tends to be less sensitive to market movements. ACI has a correlation of 0.10 to the broad based SPY ETF.

ACI has a market cap of $10.76 billion. This is considered a Large Cap stock.

Last quarter Albertsons Companies Class A reported $24 billion in Revenue and $.66 earnings per share. This beat revenue expectation by $125 million and missed earnings estimates by -$.01.

In the last 3 years, ACI traded as high as $37.99 and as low as $17.80.

The top ETF exchange traded funds that ACI belongs to (by Net Assets): VTI, VB, VXF, VBR, FDVV.

ACI has underperformed the market in the last year with a price return of -17.1% while the SPY ETF gained +36.6%. ACI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.9% and -0.5%, respectively, while the SPY returned +4.2% and +0.8%, respectively.

ACI support price is $18.26 and resistance is $18.74 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACI shares will trade within this expected range on the day.