Albertsons Companies (NYSE:ACI) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Albertsons Companies (NYSE:ACI) posted its quarterly earnings data on Tuesday. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.06, RTT News reports. Albertsons Companies had a return on equity of 44.70% and a net margin of 1.30%. The company had revenue of $18.80 billion during the quarter, compared to analysts’ expectations of $18.78 billion. During the same quarter in the previous year, the business earned $0.54 EPS. Albertsons Companies updated its FY 2025 guidance to 2.030-2.160 EPS.

Albertsons Companies Stock Performance

Albertsons Companies stock opened at $21.13 on Thursday. The stock’s 50 day moving average price is $21.17 and its 200 day moving average price is $19.93. The company has a debt-to-equity ratio of 2.31, a quick ratio of 0.21 and a current ratio of 0.93. The firm has a market capitalization of $12.24 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.92 and a beta of 0.47. Albertsons Companies has a one year low of $17.00 and a one year high of $23.20.

Albertsons Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, April 25th. This represents a $0.60 dividend on an annualized basis and a yield of 2.84%. Albertsons Companies’s dividend payout ratio (DPR) is 33.71%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $26.00 target price on shares of Albertsons Companies in a research report on Tuesday, February 4th. Evercore ISI boosted their price target on shares of Albertsons Companies from $21.00 to $22.00 and gave the stock an “in-line” rating in a research report on Tuesday, March 11th. Citigroup began coverage on Albertsons Companies in a research report on Friday, January 24th. They issued a “buy” rating and a $26.00 price objective for the company. Telsey Advisory Group restated an “outperform” rating and set a $26.00 price target on shares of Albertsons Companies in a research note on Friday, April 11th. Finally, UBS Group cut their price objective on Albertsons Companies from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Wednesday. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Albertsons Companies has a consensus rating of “Moderate Buy” and a consensus target price of $23.36.

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.