ACI - Albertsons Companies, Inc.
Chart Events
Short-term KST
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 20.69 |
| Open | 20.65 |
| Bid | 20.66 x 1200 |
| Ask | 20.67 x 2900 |
| Day's Range | 20.62 - 20.74 |
| 52 Week Range | 19.14 - 30.55 |
| Volume | |
| Avg. Volume | 4,571,001 |
| Market Cap | 11.878B |
| Beta (5Y Monthly) | 0.36 |
| PE Ratio (TTM) | 9.00 |
| EPS (TTM) | 2.30 |
| Earnings Date | Jul 24, 2023 - Jul 28, 2023 |
| Forward Dividend & Yield | 0.48 (2.36%) |
| Ex-Dividend Date | Apr 25, 2023 |
| 1y Target Est | 25.62 |
Fair Value
Related Research
The Wall Street JournalChains Overcharging Medicare for Drugs Can Be Sued for Fraud, Supreme Court Rules
Safeway and Supervalu knew they were wrong in seeking list-price reimbursement for discounted medications, justices say.
- Reuters
UPDATE 1-U.S. Supreme Court gives boost to whistleblowers in drug pricing case
The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid to revive lawsuits accusing pharmacy operators of knowingly overbilling government health insurance programs for prescription drugs at taxpayers' expense. The justices in a 9-0 decision threw out a lower court's ruling that said the pharmacies could not be held responsible for fraud in whistleblower cases pursued against Safeway Inc, owned by Albertsons Companies Inc, and SuperValu Inc, part of United Natural Foods Inc. The litigation was filed under a law called the False Claims Act (FCA) that lets individuals sue on behalf of the U.S. government when they have evidence of fraud against federal programs.
AP FinanceSupreme Court revives claims that SuperValu, Safeway overcharged governments for generic drugs
The Supreme Court on Thursday unanimously revived whistleblower lawsuits claiming that supermarket and pharmacy chains SuperValu and Safeway overcharged government health-care programs for prescription drugs by hundreds of millions of dollars. The decision gives the whistleblowers another chance to pursue their claims that the companies defrauded the Medicare and Medicaid programs when they reported retail prices for generic prescription drugs, even though they had mainly been sold to customers at deeply discounted prices. The cases stem from the companies’ effort to match a 2006 decision by Walmart to offer 30-day supplies of many generic drugs for $4.
- Reuters
U.S. Supreme Court gives boost to whistleblowers in drug pricing case
The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid to revive lawsuits accusing pharmacy operators of knowingly overbilling government health insurance programs for prescription drugs at taxpayers' expense. The justices in a 9-0 decision threw out a lower court's ruling that the pharmacies could not be held responsible for fraud in whistleblower cases pursued against Safeway Inc, owned by Albertsons Companies Inc, and SuperValu Inc, part of United Natural Foods Inc. The litigation was filed under a law called the False Claims Act that lets individuals sue on behalf of the U.S. government when they have evidence of fraud against federal programs.
ZacksAlbertsons Companies, Inc. (ACI) Gains As Market Dips: What You Should Know
Albertsons Companies, Inc. (ACI) closed at $20.36 in the latest trading session, marking a +1.29% move from the prior day.
Business WireAlbertsons Companies Consolidates its Signature Family of Brands Under Signature SELECT®
BOISE, Idaho, May 31, 2023--Albertsons Companies rebrands its Signature Farms®, Signature Care™ and Signature Cafe® products under one master brand, Signature SELECT.
ZacksZacks Industry Outlook Highlights Kimberly-Clark, Albertsons Companies, Ollie's Bargain Outlet and Grocery Outlet
Kimberly-Clark, Albertsons Companies, Ollie's Bargain Outlet and Grocery Outlet have been highlighted in this Industry Outlook article.
Zacks4 Consumer Product Stocks to Watch Despite Industry Hurdles
The Zacks Consumer Products - Staples industry players are battling cost inflation, which is likely to linger. However, favorable demand and revenue-driving efforts keep Kimberly-Clark (KMB), Albertsons Companies (ACI), Ollie's Bargain (OLLI) and Grocery Outlet (GO) well-placed.
ZacksAlbertsons Companies, Inc. (ACI) Is a Trending Stock: Facts to Know Before Betting on It
Albertsons Companies, Inc. (ACI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Business WireAlbertsons Companies Names Tom Moriarty Executive Vice President and General Counsel
BOISE, Idaho, May 19, 2023--Albertsons Companies, Inc. (NYSE: ACI) today announced that Tom Moriarty will join the Company as Executive Vice President and General Counsel effective June 5, 2023.
ZacksInvestors Heavily Search Albertsons Companies, Inc. (ACI): Here is What You Need to Know
Zacks.com users have recently been watching Albertsons Companies, Inc. (ACI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
TheStreet.comA Key Player Could Complicate This Big Merger
Except that we're talking about supermarkets and grocery stores here and anything that impacts where we buy bread, eggs, and milk is bound to attract extra scrutiny. Case in point: the United Food and Commercial Workers (UFCW) is opposing the merger. Kroger said it wouldn't close any stores, distribution centers or manufacturing facilities as part of the deal, or lay off front-line workers from stores that might need to be divested for regulatory approval.
The Wall Street JournalBiggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal
UFCW International plans to raise concerns with antitrust officials about potential divestitures and stores’ future viability.
ZacksHere is What to Know Beyond Why Albertsons Companies, Inc. (ACI) is a Trending Stock
Albertsons Companies, Inc. (ACI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Simply Wall St.Albertsons Companies Full Year 2023 Earnings: EPS Misses Expectations
Albertsons Companies ( NYSE:ACI ) Full Year 2023 Results Key Financial Results Revenue: US$77.6b (up 8.0% from FY...
- Thomson Reuters StreetEvents
Q1 2023 Kimco Realty Corp Earnings Call
Q1 2023 Kimco Realty Corp Earnings Call
TheStreet.comSupermarket Giant Albertsons Is Ready to Rally
Albertsons Companies made a correction and a new base, so now it is time to rally. Let's check and see what is sprouting in the produce section and with the charts and indicators of the supermarket giant. Note the uptick in trading volume at the nadir.
Yahoo FinanceThrive Market uses less selection, larger orders to fight grocery inflation
Small online organic grocery delivery service Thrive Market has been "resilient" in keeping prices low on account of its smaller selection and higher minimum orders.
- Simply Wall St.
Albertsons Companies, Inc. (NYSE:ACI) Looks Interesting, And It's About To Pay A Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Reuters
UPDATE 1-US Supreme Court weighs key standard in whistleblower fraud cases
The U.S. Supreme Court on Tuesday considered a bid by three whistleblowers to revive lawsuits accusing pharmacy operators of pocketing millions of taxpayer dollars by knowingly overbilling government health insurance programs for prescription drugs. The justices heard arguments in an appeal by the whistleblowers of lower court rulings in favor of Safeway Inc, owned by Albertsons Companies Inc, and SuperValu Inc, part of United Natural Foods Inc. The litigation was filed under a law called the False Claims Act that lets individuals sue on behalf of the U.S. government when they have evidence of fraud against federal programs.
- Reuters
US Supreme Court to weigh key standard in whistleblower fraud cases
The U.S. Supreme Court was set on Tuesday to consider a bid by whistleblowers to revive lawsuits accusing pharmacy operators of pocketing millions of taxpayer dollars by knowingly overbilling government health insurance programs for prescription drugs. The justices were set to hear arguments in an appeal by three whistleblowers of lower court rulings in favor of Safeway Inc, owned by Albertsons Companies Inc, and SuperValu Inc, part of United Natural Foods Inc. The litigation was filed under a law called the False Claims Act that lets individuals sue on behalf of the U.S. government when they have evidence of fraud against federal programs.
ZacksIs Trending Stock Albertsons Companies, Inc. (ACI) a Buy Now?
Albertsons Companies, Inc. (ACI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
ReutersKroger fights antitrust case as lacking 'real-world' facts
Food and drug retailer Kroger Co on Wednesday asked a U.S. judge to dismiss as "speculative" a consumer antitrust lawsuit alleging the company's proposed $24.6 billion acquisition of rival Albertsons Companies Inc would lessen grocer competition and drive up prices. Lawyers for Kroger said in a filing in California federal court that the grocery store shoppers who sued over the deal have failed to define the relevant market necessary to evaluate grocery store competition and to identify how the acquisition would hurt consumers. U.S. competition law "does not turn every grocery store consumer in the country into a roving antitrust enforcer," lawyers for Kroger told U.S. District Judge Vince Chhabria.
ZacksACI vs. RH: Which Stock Is the Better Value Option?
ACI vs. RH: Which Stock Is the Better Value Option?
- Simply Wall St.
The Return Trends At Albertsons Companies (NYSE:ACI) Look Promising
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
