Albertsons Companies (NYSE:ACI) Releases FY25 Earnings Guidance

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

Albertsons Companies Trading Up 0.4 %

Shares of ACI stock opened at $19.80 on Thursday. The firm has a market cap of $11.47 billion, a P/E ratio of 11.58, a price-to-earnings-growth ratio of 1.07 and a beta of 0.51. 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 has a 12-month low of $17.00 and a 12-month high of $23.47. The business has a 50-day moving average price of $19.29 and a two-hundred day moving average price of $19.31.

Albertsons Companies (NYSE:ACI) last released its earnings results on Wednesday, January 8th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.64 by $0.07. The company had revenue of $18.77 billion for the quarter, compared to analyst estimates of $18.82 billion. Albertsons Companies had a net margin of 1.25% and a return on equity of 49.50%. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.79 EPS. Equities analysts anticipate that Albertsons Companies will post 2.13 EPS for the current fiscal year.

Albertsons Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Friday, January 24th will be issued a $0.15 dividend. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 3.03%. Albertsons Companies’s dividend payout ratio (DPR) is currently 28.07%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ACI shares. Telsey Advisory Group upgraded shares of Albertsons Companies from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $21.00 to $26.00 in a report on Tuesday, December 17th. Melius upgraded Albertsons Companies from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Monday, October 21st. Tigress Financial reiterated a “buy” rating and issued a $27.00 price objective on shares of Albertsons Companies in a research report on Monday, October 21st. UBS Group decreased their target price on Albertsons Companies from $27.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, December 17th. Finally, Evercore ISI lifted their price target on shares of Albertsons Companies from $18.00 to $19.00 and gave the company an “in-line” rating in a report on Tuesday, December 3rd. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Albertsons Companies presently has a consensus rating of “Moderate Buy” and an average target price of $22.75.

Albertsons Companies Company Profile

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.