Albertsons Companies (NYSE:ACI) Releases FY25 Earnings Guidance

Albertsons Companies (NYSE:ACI) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $2.25-2.31 for the period, compared to the consensus EPS estimate of $2.27.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Morgan Stanley decreased their price objective on shares of Albertsons Companies from $24.00 to $19.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 11th. Melius Research raised Albertsons Companies from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Monday, October 21st. Bank of America assumed coverage on Albertsons Companies in a research note on Friday, December 13th. They set a “neutral” rating and a $22.00 price objective on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $22.00 target price on shares of Albertsons Companies in a report on Tuesday. Finally, BMO Capital Markets decreased their price target on shares of Albertsons Companies from $21.00 to $19.00 and set a “market perform” rating for the company in a report on Wednesday, October 16th. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Albertsons Companies has a consensus rating of “Moderate Buy” and a consensus target price of $22.75.

Albertsons Companies Trading Up 0.5 %

Albertsons Companies stock opened at $19.69 on Wednesday. Albertsons Companies has a 52-week low of $17.00 and a 52-week high of $23.47. The firm has a market capitalization of $11.41 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.07 and a beta of 0.51. The firm has a 50-day moving average price of $19.26 and a two-hundred day moving average price of $19.31. The company has a quick ratio of 0.22, a current ratio of 0.90 and a debt-to-equity ratio of 2.58.

Albertsons Companies (NYSE:ACI) last posted its quarterly earnings data on Wednesday, January 8th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.07. The business had revenue of $18.77 billion during the quarter, compared to the consensus estimate of $18.82 billion. Albertsons Companies had a net margin of 1.25% and a return on equity of 49.50%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.79 earnings per share. Sell-side analysts expect that Albertsons Companies will post 2.13 earnings per share for the current year.

Albertsons Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be issued a dividend of $0.15 per share. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 3.05%. Albertsons Companies’s payout ratio is presently 28.07%.

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.