Albertsons Companies
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
0
Funds holding %
of 6,823 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
26% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 136
7% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 57
3% less funds holding
Funds holding: 439 [Q2] → 428 (-11) [Q3]
4.04% less ownership
Funds ownership: 77.19% [Q2] → 73.15% (-4.04%) [Q3]
11% less capital invested
Capital invested by funds: $8.83B [Q2] → $7.83B (-$1B) [Q3]
12% less funds holding in top 10
Funds holding in top 10: 25 [Q2] → 22 (-3) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$19
3%
downside
Avg. target
$23
17%
upside
High target
$27
37%
upside
7 analyst ratings
4 positive
57%
3 neutral
43%
0 negative
0%
RBC Capital Steven Shemesh 69% 1-year accuracy 36 / 52 met price target | 12%upside $22 | Outperform Reiterated | 9 Jan 2025 |
Telsey Advisory Group Joe Feldman 100% 1-year accuracy 5 / 5 met price target | 32%upside $26 | Outperform Maintained | 9 Jan 2025 |
UBS Mark Carden 80% 1-year accuracy 8 / 10 met price target | 22%upside $24 | Neutral Maintained | 17 Dec 2024 |
Morgan Stanley Simeon Gutman 59% 1-year accuracy 19 / 32 met price target | 3%downside $19 | Equal-Weight Maintained | 11 Dec 2024 |
Evercore ISI Group Michael Montani 81% 1-year accuracy 13 / 16 met price target | 3%downside $19 | In-Line Maintained | 3 Dec 2024 |
Financial journalist opinion
Based on 20 articles about ACI published over the past 30 days
Neutral
Business Wire
19 hours ago
Positive Beverage Brings Positive Energy® to the Aisles of Albertsons and Vons Stores in Southern California
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #AlbertsonsStores--Positive Beverage's sugar-free, sucralose-free energy drinks are now in 280+ Albertsons and Vons stores across Southern California.
Positive
Seeking Alpha
3 days ago
Albertsons Is Still Trading At A Steep Discount, Even After Strong Upside
Albertsons Companies remains a strong buy despite the blocked Kroger merger, with shares rising 13.7% since the merger collapse. The company shows growth in revenue and profits, driven by its pharmacy business and identical sales increases, despite some financial underperformance. Shares are attractively priced both on an absolute basis and relative to peers, with potential upside from litigation against Kroger Co.
Positive
Zacks Investment Research
1 week ago
Albertsons' Q3 Earnings Beat Estimates, Digital Sales Rise 23% Y/Y
ACI's third-quarter fiscal 2024 results highlight strong year-over-year growth in digital sales, pharmacy operations and membership in its loyalty program.
Positive
PYMNTS
1 week ago
Albertsons Doubles Down on Digital; Eyes Growth Despite Merger Setback
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the company remained committed to expanding its digital capabilities, improving customer experiences and positioning itself for long-term growth.
Neutral
Seeking Alpha
1 week ago
Albertsons Companies, Inc. (ACI) Q3 2024 Earnings Call Transcript
Albertsons Companies, Inc. (NYSE:ACI ) Q3 2024 Earnings Call Transcript January 8, 2025 8:30 AM ET Company Participants Melissa Plaisance - SVP, IR, Treasury, and Risk Management Vivek Sankaran - CEO Sharon McCollam - President and CFO Conference Call Participants Ken Goldman - JPMorgan John Heinbockel - Guggenheim Partners Edward Kelly - Wells Fargo Rupesh Parikh - Oppenheimer Simeon Gutman - Morgan Stanley Mark Carden - UBS Leah Jordan - Goldman Sachs Robby Ohmes - Bank of America Scott Mushkin - R5 Capital Michael Montani - Evercore ISI Joe Feldman - Telsey Advisory Group Bill Kirk - ROTH Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Jacob Aiken-Phillips - Melius Research Operator Welcome to the Albertsons Companies Third Quarter 2024 Earnings Conference Call, and thank you for standing by. All participants will be in a listen-only mode until the Q&A session.
Neutral
Zacks Investment Research
1 week ago
Albertsons Companies (ACI) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Albertsons Companies (ACI) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Neutral
Investopedia
1 week ago
Albertsons Profits Top Estimates in First Quarter Since End of Kroger Merger
Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.
Positive
Market Watch
1 week ago
Albertsons profit beat overshadows a sales miss as it readies to go it alone
Albertsons Cos. Inc.'s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third quarter, offsetting a small revenue miss.
Negative
Reuters
1 week ago
Albertsons misses quarterly sales estimates
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart and Kroger offering heavy discounts and promotions hurt demand.
Neutral
Business Wire
1 week ago
Albertsons Companies, Inc. Reports Third Quarter Fiscal 2024 Results
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. today reported results for the third quarter of fiscal 2024, which ended November 30, 2024.
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