Telsey Advisory Group Reiterates Market Perform Rating for Albertsons Companies (NYSE:ACI)

Albertsons Companies (NYSE:ACI)‘s stock had its “market perform” rating reissued by investment analysts at Telsey Advisory Group in a research note issued on Friday, MarketBeat reports. They presently have a $13.00 price objective on the stock, down from their previous price objective of $22.00. Telsey Advisory Group’s target price suggests a potential upside of 18.24% from the company’s previous close.

A number of other analysts have also recently commented on the company. BMO Capital Markets cut Albertsons Companies from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $23.00 to $12.00 in a research report on Friday. Wells Fargo & Company cut Albertsons Companies from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $18.00 to $11.00 in a research report on Thursday. Citigroup dropped their price target on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Weiss Ratings lowered Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. reduced their price objective on Albertsons Companies from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, June 30th. Seven investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $16.38.

Albertsons Companies Price Performance

Shares of NYSE:ACI opened at $10.99 on Friday. The company’s fifty day moving average price is $14.83 and its 200 day moving average price is $16.36. Albertsons Companies has a 12 month low of $10.86 and a 12 month high of $20.47. The company has a debt-to-equity ratio of 5.22, a current ratio of 0.84 and a quick ratio of 0.20. The firm has a market capitalization of $5.39 billion, a P/E ratio of 137.44, a P/E/G ratio of 1.17 and a beta of 0.42.

Albertsons Companies (NYSE:ACI) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). Albertsons Companies had a net margin of 0.08% and a return on equity of 45.59%. The company had revenue of $24.94 billion during the quarter, compared to analysts’ expectations of $24.84 billion. During the same period last year, the firm earned $0.55 earnings per share. Albertsons Companies’s revenue was up .2% on a year-over-year basis. Albertsons Companies has set its FY 2026 guidance at 1.750-1.850 EPS. As a group, sell-side analysts predict that Albertsons Companies will post 2.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Albertsons Companies

Hedge funds have recently made changes to their positions in the business. E. Ohman J or Asset Management AB boosted its stake in shares of Albertsons Companies by 14.0% during the second quarter. E. Ohman J or Asset Management AB now owns 2,321,294 shares of the company’s stock worth $31,407,000 after buying an additional 285,280 shares during the period. GAMMA Investing LLC increased its position in Albertsons Companies by 58.3% in the 2nd quarter. GAMMA Investing LLC now owns 10,233 shares of the company’s stock valued at $138,000 after acquiring an additional 3,768 shares during the period. Value Investment Professionals LLC raised its stake in Albertsons Companies by 21.8% during the 2nd quarter. Value Investment Professionals LLC now owns 66,006 shares of the company’s stock valued at $893,000 after acquiring an additional 11,816 shares during the last quarter. Versant Capital Management Inc raised its stake in Albertsons Companies by 2,406.4% during the 2nd quarter. Versant Capital Management Inc now owns 5,113 shares of the company’s stock valued at $69,000 after acquiring an additional 4,909 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Albertsons Companies by 121.9% during the 1st quarter. Empowered Funds LLC now owns 42,274 shares of the company’s stock worth $720,000 after acquiring an additional 23,227 shares during the period. Institutional investors and hedge funds own 71.35% of the company’s stock.

Key Headlines Impacting Albertsons Companies

Here are the key news stories impacting Albertsons Companies this week:

• Neutral Sentiment: Albertsons delivered first-quarter EPS of $0.42, missing expectations, while revenue of $24.94 billion was slightly ahead of estimates. The company also highlighted continued growth in digital and pharmacy, but core grocery sales showed pressure.
• Negative Sentiment: Management cut fiscal 2026 guidance, now projecting adjusted EPS of $1.75-$1.85 and lower sales growth, citing cautious consumers and weaker grocery spending. The company also signaled fiscal 2026 adjusted EBITDA of $3.55 billion-$3.625 billion, alongside $200 million in expected ACI Edge run-rate benefits as it pushes a turnaround plan. Albertsons Companies, Inc. Reports First Quarter Fiscal 2026 Results
• Negative Sentiment: Albertsons warned that consumers are pulling back on grocery spending, and multiple reports described softer same-store grocery demand as the main reason for the stock decline. Albertsons warns of softer grocery demand as consumers pull back
• Negative Sentiment: Several brokerages reduced price targets after the results, including Goldman Sachs to $16, JPMorgan to $14, Barclays to $12, RBC to $13, Telsey to $13, and Wells Fargo to $11, reflecting more cautious expectations for near-term performance.

Albertsons Companies Company Profile

Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.

Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.