Albertsons Companies
ACI
Market cap $10.9B

18.88 USD

-0.22

1.15%

At close Nov 15, 4:00 PM EST

After hours

18.99

+0.11

0.58%

1 day

-1.15%

5 days

-1.97%

1 month

2.33%

3 months

-7.77%

6 months

-9.27%

Year to date

-17.30%

1 year

-11.86%

5 years

22.20%

10 years

22.20%

About: 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.

Employees: 285,000

Consumer Staples Grocery Stores

0

Funds holding %

of 6,704 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

194% more call options, than puts

Call options by funds: $576M | Put options by funds: $196M

24% more repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 136

3% less funds holding

Funds holding: 438 [Q2] → 425 (-13) [Q3]

3.48% less ownership

Funds ownership: 76.47% [Q2] → 72.99% (-3.48%) [Q3]

11% less capital invested

Capital invested by funds: $8.75B [Q2] → $7.81B (-$937M) [Q3]

12% less funds holding in top 10

Funds holding in top 10: 25 [Q2] → 22 (-3) [Q3]

20% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 66

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$19

1%

upside

Avg. target

$24

26%

upside

High target

$27

44%

upside

7 analyst ratings

3 positive

43%

4 neutral

57%

0 negative

0%

Tigress Financial Ivan Feinseth 77% 1-year accuracy 57 / 74 met price target	43%upside $27	Buy Maintained	21 Oct 2024
Melius Research Karen Short 75% 1-year accuracy 9 / 12 met price target	27%upside $24	Buy Upgraded	21 Oct 2024
Wells Fargo Edward Kelly 59% 1-year accuracy 17 / 29 met price target	22%upside $23	Overweight Upgraded	18 Oct 2024
BMO Capital Kelly Bania 77% 1-year accuracy 17 / 22 met price target	1%upside $19	Market Perform Maintained	16 Oct 2024
Telsey Advisory Group Joe Feldman 0 / 0 met price target	44%upside $27	Market Perform Maintained	15 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about ACI published over the past 30 days

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

CINCINNATI , Nov. 13, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash.

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

Shares of Companies with Big Merger Plans Jump After Trump Election

Donald Trump's re-election and his call to cut government regulation on Wednesday helped boost shares of companies hoping to get regulatory approval for their mergers.

Shares of Companies with Big Merger Plans Jump After Trump Election

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

CINCINNATI , Nov. 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE: ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash.

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

CINCINNATI , Oct. 31, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash.

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

Albertsons Companies, Inc. Announces Changes to Board of Directors

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today announced that effective October 24, 2024, the Board of Directors (the “Board”) has elected Jim Donald as the sole independent Chair of the Board. Also, effective October 24, 2024, the Board appointed Stephen Feinberg to the Board for the term expiring at the Company's 2025 annual meeting of stockholders. Cerberus Capital Management, L.P. (“CCM” and, along with its affiliates, “Cerberus”) designated Mr.

Albertsons Companies, Inc. Announces Changes to Board of Directors

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

CINCINNATI , Oct. 25, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash.

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

CINCINNATI , Oct. 21, 2024 /PRNewswire/ -- The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the "Exchange Offers") any and all outstanding notes (the "ACI Notes") of Albertsons Companies, Inc. (NYSE:ACI) ("ACI"), New Albertsons, L.P., Safeway Inc., Albertson's LLC, Albertsons Safeway LLC and American Stores Company, LLC, as applicable, for up to $7,441,608,000 aggregate principal amount of new notes to be issued by the Company (the "Kroger Notes") and cash.

Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes

This Datadog Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Datadog Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Zacks Investment Research

Albertsons Q2 Earnings Beat Estimates, Loyalty Members Rise 15% Y/Y

ACI's second-quarter fiscal 2024 results highlight year-over-year growth in members and omnichannel shoppers, supporting digital sales.

Albertsons Q2 Earnings Beat Estimates, Loyalty Members Rise 15% Y/Y

Albertsons Companies Remains One Of The Best Risk-To-Reward Prospects In This Market

Special situations like bankruptcies, spin-offs, and mergers offer unique investment opportunities, with the Albertsons-Kroger merger being a notable example. The Albertsons-Kroger deal, valued at $24.6 billion, faces uncertainty due to anti-competitive concerns, but Albertsons' stock remains undervalued. Despite mixed financial performance, ACI's revenue is growing, and its profit margins are decent, making it a strong buy.

Albertsons Companies Remains One Of The Best Risk-To-Reward Prospects In This Market

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