Key Highlights:
- Albertsons Companies (ACI, Financial) is gearing up for its Q1 earnings announcement, with analysts projecting an EPS of $0.54.
- Revenue is expected to rise by 1.7% to $24.71 billion, despite potential headwinds.
- Wall Street's target price suggests a potential upside of 10.65% for the stock.
Anticipating Albertsons' Q1 Earnings
As the financial community awaits Albertsons Companies Inc's (ACI) first-quarter earnings on July 15th, market analysts are forecasting a mixed outcome. The grocery chain's earnings per share (EPS) is expected to reach $0.54, reflecting an 18.2% decline from the previous year. On the revenue front, a modest increase of 1.7% is anticipated, bringing the total to $24.71 billion. Despite this growth, recent downward revisions indicate that the company might face unforeseen challenges in the upcoming quarter.
Analyzing Wall Street's Expectations
Wall Street's analysts have shared their one-year price targets for Albertsons Companies Inc (ACI, Financial), providing a comprehensive outlook. The average target price stands at $24.44, with projections spanning from a high of $28.00 to a low of $20.00. This average price target suggests an upside potential of 10.65% from the current trading price of $22.09. Investors looking for more detailed estimates can visit the Albertsons Companies Inc (ACI) Forecast page.
Brokerage Firm Recommendations
The collective assessment from 21 brokerage firms positions Albertsons Companies Inc (ACI, Financial) at an "Outperform" status, with an average brokerage recommendation of 2.4. This evaluation falls between a Strong Buy (rating of 1) and Sell (rating of 5), illustrating moderate confidence in the stock's future performance.
Understanding GF Value Estimations
According to GuruFocus, the estimated GF Value for Albertsons Companies Inc (ACI, Financial) over the next year is projected at $21.67. This estimation suggests a potential downside of 1.88% from the current stock price of $22.085. The GF Value is an insightful metric, representing the stock's fair value as calculated from historical trading multiples, past business growth, and projected future performance. For a more comprehensive data analysis, investors can visit the Albertsons Companies Inc (ACI) Summary page.
