27-Dec-2024
Albertsons Companies Announces Third Quarter Fiscal 2024 Earnings Release and Conference Call Date
Business Wire (Mon, 23-Dec 4:05 PM ET)
Albertsons Files Lawsuit Against Kroger for Breach of Merger Agreement
Business Wire (Wed, 11-Dec 8:35 AM ET)
Albertsons Terminates Merger Agreement
Business Wire (Wed, 11-Dec 8:30 AM ET)
PRNewswire (Fri, 6-Dec 8:30 AM ET)
Albertsons Companies, Inc. Announces Changes to Board of Directors
Business Wire (Mon, 28-Oct 4:00 PM ET)
Is ACI stock going up before upcoming earnings? Let's turn to history for clues
Market Chameleon (Tue, 16-Jul 9:20 AM ET)
In the past 3 years, ACI shares had big gains pre-earnings
Market Chameleon (Mon, 15-Apr 9:16 AM ET)
Is ACI stock going up before upcoming earnings? Let's turn to history for clues
Market Chameleon (Tue, 2-Jan 6:07 AM ET)
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 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 December 27, 2024, ACI stock price climbed to $19.92 with 3,887,609 million shares trading.
ACI has a beta of 0.47, 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 $11.54 billion. This is considered a Large Cap stock.
Last quarter Albertsons Companies Class A reported $19 billion in Revenue and $.51 earnings per share. This beat revenue expectation by $72 million and exceeded earnings estimates by $.03.
In the last 3 years, ACI traded as high as $37.99 and as low as $17.00.
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 return of -10.3%, while SPY returned +26.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACI shares. However, ACI has outperformed the market in the last 3 month and 2 week periods, returning +8.3% and +4.2%, while SPY returned +4.3% and -1.2%, respectively. This indicates ACI has been having a stronger performance recently.
ACI support price is $19.47 and resistance is $20.19 (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.