Albertsons Companies (NYSE:ACI) Releases FY25 Earnings Guidance

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

Albertsons Companies Stock Performance

Shares of NYSE:ACI opened at $19.80 on Friday. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.90 and a quick ratio of 0.22. Albertsons Companies has a 1 year low of $17.00 and a 1 year high of $23.47. The firm has a market capitalization of $11.47 billion, a PE ratio of 11.58, a P/E/G ratio of 1.07 and a beta of 0.51. The business’s 50 day moving average price is $19.33 and its 200-day moving average price is $19.31.

Albertsons Companies (NYSE:ACI) last announced its quarterly earnings data on Wednesday, January 8th. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.07. Albertsons Companies had a return on equity of 49.50% and a net margin of 1.25%. The company had revenue of $18.77 billion for the quarter, compared to analyst estimates of $18.82 billion. During the same quarter last year, the firm posted $0.79 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. As a group, equities research analysts expect that Albertsons Companies will post 2.13 earnings per share for the current fiscal year.

Albertsons Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 24th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.03%. The ex-dividend date of this dividend is Friday, January 24th. This is a boost from Albertsons Companies’s previous quarterly dividend of $0.12. Albertsons Companies’s dividend payout ratio is currently 28.07%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on ACI. Tigress Financial restated a “buy” rating and set a $27.00 target price on shares of Albertsons Companies in a report on Monday, October 21st. Royal Bank of Canada reissued an “outperform” rating and set a $22.00 price objective on shares of Albertsons Companies in a research note on Tuesday. Morgan Stanley dropped their target price on Albertsons Companies from $24.00 to $19.00 and set an “equal weight” rating for the company in a report on Wednesday, December 11th. Bank of America started coverage on Albertsons Companies in a report on Friday, December 13th. They set a “neutral” rating and a $22.00 price target on the stock. Finally, BMO Capital Markets dropped their price objective 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 equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $22.75.

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.