A Peek At What Albertsons Companies Inc. (ACI) Insiders Are Doing

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SNOW Stock
SNOW Stock

Albertsons Companies Inc. (NYSE:ACI) saw an upside of 0.81% to close Tuesday at $21.20 after adding $0.17 on the day. The 5-day average trading volume is 3,080,120 shares of the company’s common stock. It has gained $21.28 in the past week and touched a new high 1 time within the past 5 days. An average of 2,462,305 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,533,004.

ACI’s 1-month performance is 1.05% or $0.07 on its low of $20.58 reached on 12/30/22. The company’s shares have touched a 52-week low of $18.28 and high of $28.53, with the stock’s rally to the 52-week high happening on 01/12/23. YTD, ACI has achieved 2.22% or $0.46 and has reached a new high 7 times. However, the current price is down -25.68% from the 52-week high price.

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Insider Transactions

ACI stock investors last saw insider trading activity on Oct 14.KIMCO REALTY CORP () most recently sold 11,500,000 shares at $26.18 per share on Oct 14. This transaction cost the insider $301,070,000. EVP & Chief Operations Officer, MORRIS SUSAN, sold 252,002 shares at a price of $28.86 on Aug 10. Then, on Aug 09, EVP & Chief Operations Officer MORRIS SUSAN sold 252,003 shares at a price of $28.25 per share. This transaction amounted to $7,119,085.

Valuation Metrics

Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.15 while the price-to-book (PB) in the most recent quarter is 13.86.

Albertsons Companies Inc.’s quick ratio for the period ended November 29 was 0.40, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending November 29 was 8.66, while the total debt to equity was 11.13.. In terms of profitability, the gross margin trailing 12 months is 28.20%. The firm’s gross profit as reported stood at $20.72 billion against revenue of $71.89 billion.

Earnings Surprise

For the quarterly period ending November 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -13.05% to $375.5 million, while revenue of $342.7 million was 8.74% off the previous quarter. Analysts expected ACI to announce $0.67 per share in earnings in its latest quarter, but it posted $0.87, representing a 29.90% surprise. EBITDA for the quarter stood at more than $1.15 billion. ACI stock balance sheet for the quarter ending November 29 shows that total liabilities totaled 29.4 billion, with total debt at $15.21 billion. Shareholders hold equity totaling $535.72 million.

Let’s look briefly at Albertsons Companies Inc. (ACI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 56.75% to suggest the stock is trending Neutral, with historical volatility in this time period at 9.88%.

The stock’s 5-day moving average is $21.02, reflecting a -0.05% or -$0.01 change from its current price. ACI is currently trading +1.05% above its 20-day SMA, -22.63% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.28% and SMA200 by-37.81%.

Stochastic %K and %D was 46.59% and 40.17% and the average true range (ATR) pointed at 0.27. The RSI (14) points at 53.57%, while the 14-day stochastic is at 57.89% with the period’s ATR at 0.30. The stock’s 9-day MACD Oscillator is pointing at -0.09 and -0.01 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Albertsons Companies Inc. (NYSE: ACI), Bernstein launched coverage with an Outperform rating.

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