Selected stock price target news of the day - April 16th, 2025

By: Matthew Otto

Albertsons Posts FY2024 Results Amid Strategic Investments and Softened Outlook for FY2025

Albertsons Companies reported in the fourth quarter ended February 22, 2025, net sales reaching $18.8 billion. This is up from $18.3 billion in the prior-year period, driven by a 2.3% rise in identical sales and a 24% increase in digital sales. Loyalty program membership grew 15% year-over-year to 45.6 million.

Albertsons posted net income of $172 million ($0.29 per share) and adjusted net income of $270 million ($0.46 per share), beating consensus estimates of $0.40 per share. Adjusted EBITDA for the quarter came in at $855 million. Gross margin declined to 27.4%, primarily due to lower-margin pharmacy growth and higher digital-related costs, while selling and administrative expenses held steady at 25.7% of sales.

For the full fiscal year, Albertsons recorded net income of $959 million ($1.64 per share), with adjusted net income at $1.38 billion ($2.34 per share) and adjusted EBITDA totaling $4.01 billion. Capital expenditures for FY2024 were $1.93 billion, which included 127 store remodels and 11 new openings.

Looking ahead, Albertsons issued FY2025 guidance below analysts’ expectations, forecasting adjusted earnings of $2.03 to $2.16 per share, compared to a consensus of $2.28. Planned capital expenditures of $1.7 to $1.9 billion and identical sales growth projected between 1.5% and 2.5%.

Analysts Trim Price Targets Following FY2025 Outlook

UBS analyst Mark Carden maintained a Neutral rating but lowered the price target from $24 to $22.
Telsey Advisory Group analyst Joe Feldman kept an Outperform rating, though reduced the price target from $26 to $24.

Which Analyst has the best track record to show on ACI?

Analyst Simeon Gutman (MORGAN STANLEY) currently has the highest performing score on ACI with 3/8 (37.5%) price target fulfillment ratio. His price targets carry an average of $0.91 (5.03%) potential upside. Albertsons Companies stock price reaches these price targets on average within 127 days.

Interactive Brokers Posts Solid Q1 but Growth Slows vs. Prior Year

Interactive Brokers Group reported diluted earnings per share of $1.94 and adjusted EPS of $1.88 for the first quarter ended March 31, 2025, up from $1.61 and $1.64, respectively, a year earlier. The adjusted EPS of $1.88 came in $0.01 above the consensus estimate of $1.87. Net revenues rose to $1.43 billion, also beating analyst expectations of $1.38 billion, while adjusted revenues were $1.396 billion. Income before income taxes reached $1.055 billion as reported and $1.024 billion as adjusted, compared to $866 million and $879 million, respectively, in the prior-year period.

Interactive Brokers delivered a pretax profit margin of 74% reported and 73% adjusted. Commission revenue grew 36% to $514 million on higher customer trading volumes, while net interest income rose 3% to $770 million. Other fees and services increased 32% to $78 million, and execution, clearing and distribution fees rose 20% to $121 million. General and administrative expenses rose 24% to $62 million, primarily due to an $8 million increase in advertising.

Interactive Brokers also announced a 28% increase in its quarterly dividend, raising it from $0.25 to $0.32 per share. Operational metrics reflected continued growth: customer accounts increased 32% to 3.62 million, customer equity rose 23% to $573.5 billion, total DARTs (Daily Average Revenue Trades) grew 50% to 3.52 million, customer credits advanced 19% to $125.2 billion, and customer margin loans increased 24% to $63.7 billion. Total equity stood at $17.5 billion. Interactive Brokers’ currency diversification strategy added $127 million to comprehensive earnings, as the U.S. dollar value of its GLOBAL currency basket appreciated by 0.75%.

Analysts Lower Some Price Targets Despite Q1 Beat and Stock Split

Barclays analyst Benjamin Budish maintained an Overweight rating and raised the price target from $188 to $193.
BofA Securities analyst Craig Siegenthaler kept a Buy rating but lowered the price target from $265 to $243.
Piper Sandler analyst Patrick Moley revised his price target downward from $192 to $182.

Which Analyst has the best track record to show on IBKR?

Analyst Kyle Voigt (STIFEL) currently has the highest performing score on IBKR with 3/3 (100%) price target fulfillment ratio. His price targets carry an average of $11.74 (6.41%) potential upside. Interactive Brokers Group stock price reaches these price targets on average within 196 days.

PNC Financial Services Reports Q1 2025 Results with Decline in Earnings and Missed Revenue Expectations

PNC Financial Services reported first-quarter 2025 net income of $1.5 billion, or $3.51 per diluted share, a decline from $1.63 billion, or $3.77 per share, in the fourth quarter of 2024. PNC’s net interest income fell by 1% to $3.5 billion, although net interest margin (NIM) expanded by three basis points to 2.78%.

Noninterest income decreased by 3% to $2.0 billion, reflecting reduced capital markets activity and seasonal factors. Noninterest expense also saw a 3% decline, benefiting from lower marketing costs and the absence of prior-period asset impairments. PNC’s effective tax rate rose to 18.8%, up from 14.6% in the prior quarter.

On the balance sheet, PNC reported a 1% decrease in average loans to $316.6 billion, driven by a decline in commercial real estate and consumer lending. However, spot loans increased by $2.4 billion, fueled by a 3% growth in commercial and industrial lending. Average deposits also fell 1% to $420.6 billion, impacted by lower commercial and brokered time deposits. Credit quality remained solid, with net charge-offs totaling $205 million, a decrease of $45 million from the previous quarter. The allowance for credit losses was stable at 1.64% of total loans.

Analysts Lower Price Targets Following Q1 2025 Results

Truist Securities analyst John McDonald maintained a Hold rating yet lowered the price target from $208 to $189.
Barclays analyst Jason Goldberg kept an Overweight rating, though reduced the price target from $257 to $235.
Keefe, Bruyette & Woods analyst David Konrad revised the price target down from $195 to $185.

Which Analyst has the best track record to show on PNC?

Analyst Saul Martinez (HSBC) currently has the highest performing score on PNC with 10/13 (76.92%) price target fulfillment ratio. His price targets carry an average of $26.23 (14.92%) potential upside. PNC Financial Services stock price reaches these price targets on average within 229 days.