Is It Time To Revisit Albertsons Companies (ACI) After Recent Share Price Weakness?
- If you are wondering whether Albertsons Companies is offering good value at its current share price, you are not alone. This article is here to unpack that question clearly.
- The stock most recently closed at US$18.57, with returns of 2.7% over the past week, 4.9% over the past month, 7.3% year to date, but an 8.1% decline over the last year and a 5.3% decline over three years, while the five year return sits at 67.6%.
- Recent attention on Albertsons has centered on how its grocery footprint and competitive position fit into the broader US consumer retail sector, with investors weighing up the balance between steady demand for essentials and changing shopping habits. Headlines have also focused on how consolidation interest in the…
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