Albertsons' stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings.
Albertsons Companies (ACI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Besides Wall Street's top -and-bottom-line estimates for Albertsons Companies (ACI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended August 2024.
ACI Worldwide: Up Over 100% In The Last Year But Still Undervalued
I am initiating coverage with a ‘Buy' rating due to their mature business model, expanding margins, and modest valuation despite significant stock appreciation. Financially, ACI has shown renewed revenue growth, margin expansion, and healthy cash generation, positioning them well despite a mature business cycle. Despite past inconsistencies in meeting forecasts, ACI appears undervalued compared to peers, suggesting potential for continued outperformance for long-term investors.
5 Oversold Stocks to Buy Right Now
Investors like to think of themselves as rational and unattached. Still, the movement of stock prices shows that this isn't always true — and the existence of technical signals like oversold or undersold confirms that fact.
3 Overlooked Stocks With Strong Value and Dividend Potential
Certain stocks stand out as attractively priced and well-positioned for potential appreciation for value investors focused on long-term growth with a defensive approach. While not isolated from risks and challenges, the three companies discussed below trade at favorable valuations based on P/E ratios and earnings growth and offer the added benefit of dividend income, making them appealing to those seeking steady returns and compounding growth.
New Strong Sell Stocks for September 3rd
ACI, AMKR and ARCB have been added to the Zacks Rank #5 (Strong Sell) List on September 3, 2024.
5 Recession-Resistant Stocks That Won't Weigh You Down In A Soft Landing
Opposition hedging, while common, can reduce returns as it hedges against the main portfolio direction. We prefer using companies with inherently resilient business models to reduce economic exposure. Investing in recession-resistant stocks like Postal Realty, Crown Castle, Pinnacle West, Albertsons, and Farmland Partners can provide a better hedge against adverse macroeconomic outcomes.
New Strong Sell Stocks for August 20th
ACI, AMBC and BW have been added to the Zacks Rank #5 (Strong Sell) List on August 20, 2024.
New Strong Sell Stocks for August 12th
ACI, ARCB and AVD have been added to the Zacks Rank #5 (Strong Sell) List on August 12, 2024.
Albertsons (ACI) Q1 Earnings in Line, Digital Sales Rise 23%
Albertsons' (ACI) fiscal Q1 results reflect double-digit growth in loyalty members and digital sales, along with significant growth in digital and pharmacy businesses despite economic challenges.
Here's What Key Metrics Tell Us About Albertsons Companies (ACI) Q1 Earnings
The headline numbers for Albertsons Companies (ACI) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Albertson's Q1 revenue tops estimates but profit misses
Albertson's Cos. Inc.'s stock ACI, -0.30% fell 0.1% in premarket trades Tuesday after the grocery chain reported lower-than-expected first-quarter profit.
